The Land Boomers Take Two: How CBDCs, Crypto and Blockchain Technology are Driving the Land Cycle
In the late 1800s, Melbourne experienced the biggest boom Australia had ever seen. Immigrants discovered large nuggets of gold and poured their wealth into the real estate market. By 1889, the value of land in parts of central Melbourne was as high as that in London. The downturn that followed was the deepest and longest Australia ever weathered. Today, it’s not gold mining that is going to drive the land cycle. Rather, the mining of cryptocurrencies — and the blockchain technology that supports it…





