2. The Problem:
Illiquidity, Speculation, and the Lack of Intrinsic Value
The Crypto Volatility Problem: Major cryptocurrencies like Bitcoin, while pioneering, derive value solely from market speculation. They have a high ceiling but a $0 floor, leading to extreme volatility.
The Real-World Asset Illiquidity Problem: Land, the quintessential store of value, is historically illiquid, difficult to fractionalize, and inaccessible to most of the global population.
The Value Recognition Problem: Traditional economic frameworks fail to categorize land accurately, overlooking its unique properties as a non-produced, scarce asset that appreciates through community growth, not just owner input.