My concept is getting closer and closer to becoming an actual incorporated business (in the eyes of the government)(for whatever that is worth)....
I hope someday that humanity looks upon it as a worthwhile endeavor....
We (yes there is a group of us now) are going through the process of incorporating and acquiring status as a 501(c)3 non-profit entity...after which time we will begin soliciting donations in hopes of purchasing a rental property and operating it on a Bitcoin standard...
(I love what a lot of other real estate folks are doing with regards to their "investments" and what not...but they are all still focused on NGU and that simply isn't a sustainable model.)
We will operate knowing that our property values will trend to zero in FIAT terms.
We will operate on a Bitcoin standard.
Rent will be 20% below market-rate at move-in and will never go up in FIAT terms when paying in Bitcoin (based on individual renter at time of move-in)
Market-rents to be determined by annual 3rd party study.
Renter's will eventually have the ability to share in some % of the "fiat" upside of the Bitcoin paid as well.
Somewhere you can find my previous posts discussing this in more detail...if you have questions feel free to reach out...
Congrats, one step further compliance. A PMA could have saved a lot of hustles, protected form the govt, and simply made your (and your tenants) life easier.