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Bitcoin

Leon Wankum claims Bitcoin could surpass $500 trillion real estate market

Image: CoinTurk News

Leon Wankum, a real estate investor and author of the book “Digital Real Estate,” stated that Bitcoin could eventually overtake and even outgrow the global real estate market, currently valued between $300 trillion and $500 trillion. Wankum shared his views during a recent interview with Spencer Nichols, a podcast host at Bitcoin Magazine. According to Wankum, real estate became a widely accepted monetary asset only after the end of the gold standard in 1971. He argued that 80% to 90% of real estate’s value today derives not from its utility but from its monetary premium—essentially its function as a store of wealth rather than as a shelter or productive asset. Wankum suggested that this monetary premium is now flowing to Bitcoin, similar to the way information shifted to the internet.

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