Real Estate Financialization Is The Problem, Not Bitcoin – Bitcoin Magazine

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This is an opinion editorial by Jeremy, an advisor to Escape to El Salvador which is a community of professionals who assist expats in gaining residency and citizenship in El Salvador.

Over the last few years, a lot of fuss has been made about so-called “crypto-colonizers” moving to the developing world and taking advantage of affordable housing and other amenities provided by disadvantaged locals. The Washington Post, Business Insider and even the New York Times reported from Puerto Rico, throwing around terms like “gentrification,” and associating this new class of wealthy, globe-trotting entrepreneurs with words like “utopian,” “idealist,” and the slimier “evangelist.”

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