The "What is Money?" Show

Smart Money is Selling Real Estate for Bitcoin w/ Terence Michael

26 snips
Oct 10, 2025
Terence Michael, a Bitcoin educator and former Hollywood producer, discusses his journey from film to Bitcoin advocacy. He explores the integration of Bitcoin with real estate, arguing that it can outperform traditional investments. Terence critiques rent control's effects on housing and Hollywood's creative accounting. He also envisions a world where film budgets allocate funds to Bitcoin, and shares stories of real estate owners transitioning to Bitcoin. The conversation delves into how Bitcoin can redefine value and money in a changing world.
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ANECDOTE

Hollywood To Bitcoin Journey

  • Terence Michael left Hollywood producing after making ~20 indie films and then moved into real estate to store value.
  • He discovered Bitcoin (orange-pilled in 2020) and began unloading most real estate into Bitcoin.
INSIGHT

Bitcoin Kicker For Film Budgets

  • Terence says 99% of movies don't make money on paper due to creative accounting and cross-collateralization.
  • He suggests adding a Bitcoin kicker to film budgets to preserve long-term value.
ADVICE

Use Real Estate To Earn Fiat, Not As Final Store

  • If you're skilled and need fiat, real estate can mine fiat before saving in Bitcoin.
  • But measure real returns honestly and avoid treating real estate as a pure store-of-value measured in fiat.
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