I realize I am a little late to this party here but I am going to chime in anyway as this is also my area of operations....

I understand and agree with the creating of FIAT inflation when signing for the loan not necassarily being a net positive for Bitcoin...however, I think the other side of this trade is a net positive for Bitcoin - here me out....

I am looking at this from the lense of a Bitcoiner (I think) and as such here is how I play this out in my head.... these numbers are estimates but close enough....

At the end of the 10 year term - my building might be worth $27Million at a 5% compound annual growth rate (cagr).... the Bitcoin....based on 29% cagr would be valued around $20Million - now in my little head I don't think it is likely that real estate will continue seeing 5.5% cagr's for the next 10 years - and the value of the Bitcoin will likely equal if not exceed the value of the building as the real estate market realizes its store of value is extremely riskier and more expensive to own than Bitcoin....

In this scenario (again in my head) the value of the building becomes its Bitcoin value in 10years....In this scenarion the owner still likely loses a significant portion of their FIAT (imagine and inflated) wealth to either higher inflation or falling values due to recession and shrinking of the economy but maintains a portion of their wealth in Bitcoin terms (I say a portion because if you watched the UnChained interview Marty Bent did with Andrew Hohns he mentioned that they (the lender) and the borrower share in the appreciated value of the Bitcoin after the end of the 10 year term with 80/20 split....

Yea- that's the part that blew my mind too (due to my 50/50 split with my resident paying in bitcoin?) if you remember that? I thought it was awesome that someone else is catching on to that plan....I haven't seen the agreement but I imagine it is a variable split % based on the length of the borrow holding the loan? but I digress....

Back to the original scenario....

It seems to me that this type of product in the lending market is going to accelerate the "defiatization" of real estate and grow the Bitcoin network - I called this the popping of the real estate balloon - moment. I think this loan product becomes the only way FIAT maxis loan there FIAT in the near term and this helps give the world a more slow, orderly switch to Bitcoin....

These are just my thoughts - and I probably didn't do them justice but am curious for others thoughts