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The Reality of Virtual Real Estate (w/ Jathan Sadowski)

GRIFTONOMICS

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What Is Virtual Real Estate?

Virtual real estate is based on ingenious branding, right? Calling it virtual real estate is actually quite a savy move on their part. It creates all these assumptions and associations in our mind where we're like "I know what real estate is" And so that's the kind of things we associate with real estate. We also associate it with a market that grows infinitely forever because we have governments and financial institutions that work really hard to insure the real estate market continues to grow every single year.

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