Leon Wankum says Bitcoin will outgrow real estate, a $300-500 trillion asset class

Leon Wankum argues that real estate's value is 80-90% monetary premium rather than utility, and that this premium is migrating to Bitcoin. He presents a $1,000 trillion base case for Bitcoin, suggesting a price path to $1 million by the late 2030s, and argues it is now financially smarter to rent and buy Bitcoin than traditional real estate.