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In this video, I discuss the recent referendum in Berlin to force corporate landlords to sell their housing units to the local government so that they can be converted into public housing.
While large corporate landlords benefit disproportionately from the Cantillon Effect (those closest to the money printer benefit the most), this still sets a dangerous precedent when it comes to private property rights.
Private property rights are essential to the development of advanced civilizations. Bitcoin preserves private property rights better than any other asset, by not being reliant on any legal system or central authority.
Bitcoin does not require you to trust anyone, and the Bitcoin network is designed in such a way that it would be next to impossible for it to be captured or co-opted.
Bitcoin offers both the rich and the poor a way to secure their savings that cannot be frozen, confiscated, or diluted by any government or central bank. The more money they print, the higher the price of your Bitcoin goes in your local currency, and your purchasing power is preserved.
Not investment advice! Consult a financial advisor.
Berliners vote to seize housing from corporate landlords:
https://qz.com/2065655/berliners-voted-to-seize-housing-from-big-corporate-landlords/
International property rights index:
https://www.internationalpropertyrightsindex.org/
US government seizes gold:
https://en.wikipedia.org/wiki/Executive_Order_6102
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