The "What is Money?" Show Smart Money is Selling Real Estate for Bitcoin w/ Terence Michael
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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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Be Honest About Property Motives
- Be honest about why you own investment property and avoid emotional attachment.
- If it's purely about money, consider stocks or Bitcoin which may require less time and attention.
Bitcoin Liberates Identity And Time
- Terence argues saving in Bitcoin shifts identity away from possessions toward time and experiences.
- He says Bitcoin lets you retire on a time-preferenced unit of account and reclaim life purpose.
Ethics Of Owning Empty Properties
- Terence admits moral tension owning many properties when they sit empty as monetary stores for foreigners.
- He sees that behavior as unethical now that Bitcoin exists as a better savings option.
