Buying Land With Bitcoin

Video Transcription

Jim: Hey, it’s Jim, LandsForYou.com. I just wanted to shoot this quick video and talk a little bit about land and cryptocurrency.

Now a lot of people will say, “Well, what is cryptocurrency? Is it money? Is it a currency?” And the way I describe it is, it’s an asset.

One way to think of it is like digital gold.

And what that means is, it’s something that’s very valuable and there’s only a finite amount of it. And what you can do is you can hold that asset in safekeeping.

Let me give you an example. If I’m worried about the future, I’m worried about inflation, I’m worried about political instability, whatever it might be, I’m going to feel more comfortable if I have 10,000, 50,000, 100,000 in my bank account. I’m going to feel even more secure if I have a shotgun and ammunition. I’m going to feel more secure if I have a workable farm. I’m going to feel a lot more secure if I know that I’m in a good neighborhood and all my neighbors like me. And those are all types of assets. And cryptocurrency’s similar.

Take, for example, Bitcoin.

There’s only going to be a certain amount of Bitcoin that are ever going to be mined.

And if you have some, it’s going to naturally, as more people become aware of it, as it becomes more and more of a thing that people get familiar with, it’s going to stay with that fixed supply. But the demand for it is going to increase. It’s naturally going to appreciate in price over the long term. Obviously, it’s going to fluctuate up and down.

Personally, I own Bitcoin and I own Ethereum. And it feels good knowing that I have those assets under my control. Just in case. You never know what could happen.

And so, one of the other things to think about is raw land. Well, raw land is also an asset. A couple of things to think about with land are it’s got very, very, very low rates of taxation. Especially in the Southwest, Arizona, New Mexico. Vacant land doesn’t really have a house on it. Doesn’t really have any type of structure on it that the government’s going to be able to say, “Oh, there’s massive amounts of value here. We’re going to be able to tax you.” It’s something that you own. It’s under your control. And you can do with it what you like. If you want to bury valuables there, if you want to store tools there, if you want to have someplace where you can go where you know you’re going to be safe, where you know you don’t have to worry about big cities or crowds, you have that as an option.

And one of the things that I do, is I have a lot of familiarity with land and I have a lot of familiarity with cryptocurrency. One of the things that I can do is if you want to sell some of your cryptocurrency and you want to buy land … Just waving to a friendly neighbor. If you want to buy land using cryptocurrency, I accept that. I can accept Bitcoin or I can accept Ethereum. If you have some other cryptocurrency like Litecoin, I know that’s another popular one, I can accept that as well.

But these are all assets. Land is an asset and cryptocurrency is an asset. And these are things that as this … As we’ve seen with things like Covid-19, the world is rapidly changing. And the rate of change, the slope of that line, it’s only going to get faster and faster and faster. And things are going to start changing more and more.

One of the things I offer is – you can take your cryptocurrency and you can buy land with it.

You can turn one asset into another. And this is something that maybe you’ve been mining cryptocurrency, you want to put it into something real. Something that you can one day build on, something that you could one day pass to your children, you can do that. And I’m happy to help out with that.

I’ve been in the land business since early 2018. And before that, I actually … What got me into the land business was I was in the cryptocurrency business. And I had a Bitcoin and an Ethereum business. And I did very well with that. That’s what gave me the launching pad to get into real estate.

And so, I’m very familiar with Bitcoin, with Ethereum, and understanding how to transact in those. And they’re really, really special asset classes. And whenever you’re watching this, I mean, this video will be on the internet, I guess, in perpetuity. But right now it’s 2020, we’re in the middle of Covid-19. And cryptocurrencies are something that they’re only going to get more valuable. The really good ones, like Bitcoin, they really are not going to be making anymore once they’ve mined those final Bitcoins. And those are going to be, in a certain way, like land, right? They’re not making any more land in Manhattan, they’re not going to be making anymore Bitcoin.

I encourage you – learn about land, learn about Bitcoin, learn about cryptocurrencies

Right now one of the things the government’s doing, they’re announcing all types of stimulus.

I’m very skeptical that the government is going to save us.

That they’re just going to print up some money, put it in people’s bank accounts, and that’s going to make all these problems disappear. I don’t think it’s that easy. I think it’s going to be a lot more painful. And I think there’s going to be some unintended consequences.

I encourage you, learn about Bitcoin, learn about cryptocurrency, learn about land. Take control of your financial future. If you think that investing a small portion of your savings and something that’s going to be around for a while, like cryptocurrency or land, is good, then I’m happy to help you out. You can email me anytime. It’s Jim at landsforyou.com. And I’m happy to sell you any of my land parcels for cryptocurrency.

If you’ve got a bunch of crypto, you want to turn it into something real. You want something that you’re going to be able to hold at a very, very low holding cost and build on and have something durable, then shoot me an email.

Happy to help you out. This is me, Jim, LandsForYou.com. Happy to answer any questions you got. Take care. Bye!