It's a Crypto Bonanza today we we discuss the new Clarity Act and how it impacts digital currencies. We also chat about the emotional and financial rollercoaster of buying a home in today’s market, as Kirk shares about falling in love with a house—only to walk away after discovering many issues the sellers failed to disclose. We talk about how the cost to buy is now far above the cost to rent in many areasb and how sellers are increasingly unwilling to drop prices—even as supply builds and interest rates stay high. We also dig into how real estate, while deeply emotional, ultimately comes down to math, and why renting may still make more sense... 

Wee discuss... 

• The cost to buy a home is currently much higher than the cost to rent, especially in higher-priced markets.
• Emotional attachment often causes sellers to keep unrealistic home prices despite market shifts.
• Many markets are seeing a growing supply of homes and longer times on market, leading to price pressures.
• Real estate equity is a major source of wealth but is difficult to access without selling or borrowing.
• Sellers tend to suppress or avoid disclosing problems to preserve home value, increasing risk for buyers.
• Inflation-adjusted home prices show 2025 prices are very high, but official inflation numbers may understate true inflation.
• Buying a home is often an emotional and personal decision rather than a purely financial investment.
• Renting can be mathematically cheaper, but many still desire homeownership for personal reasons. 
• The Clarity Act aims to define regulatory authority over digital assets between the CFTC and SEC, though it hasn’t passed yet.
• Regulation is viewed positively if it prevents fraud without overly restricting innovation in crypto.
• The banking sector may resist crypto innovation due to potential threats to their traditional business models.
• Concerns were expressed about government overreach via CBDCs that could control or monitor personal spending.
• Despite risks, the government already has many tools to combat financial crime without needing intrusive surveillance.
• Bitcoin and Ethereum prices have risen recently, prompting some profit-taking but maintaining belief in long-term value.
• MicroStrategy pivoted to Bitcoin investment after years of flat or breakeven performance, using debt and financial engineering to buy more Bitcoin.
• The history of MicroStrategy’s CEO includes a past SEC investigation and company struggles before embracing Bitcoin.
• The line between genius and stupidity can sometimes be just dumb luck.
• MicroStrategy’s strategy resembles a Ponzi scheme by relying on new money to pay returns and leveraging debt to buy Bitcoin.
• If Bitcoin crashes, the company faces margin calls and financial stress due to heavy debt.

Today's Panelists:

Kirk Chisholm | Innovative Wealth
Douglas Heagren | ProCollege Planners

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For more information, visit the show notes at https://moneytreepodcast.com/crypto-bonanza-733