“Do the due diligence. Do the research. Go through the whitepaper. Look at the team. Look at who’s on the advisory board. Because this is Startup Economics 101.” - Com Mirza

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Imagine a world where real estate meets blockchain and cryptocurrency.

It doesn’t take an expert to see how this is possible. Today’s real estate paradigm is one of the most archaic systems in our economy; being required to hire ‘agents,’ so you can then purchase plots of lands from a centralized government. The vast room for technological disruption is calling cryptocurrency.

That’s why on today’s episode of The Bitcoin Crypto Mentor Mastermind show, we are joined by serial entrepreneur Com Mirza who is at the forefront of this mission. His new Habibi Coin (HBB) tackles many of the inefficiencies in the real estate paradigm, and today we hear about his views on everything crypto-related.

Don’t forget! You can also listen to The Bitcoin Crypto Mentor Mastermind Show on Spotify! Click “Follow” and let me know what you think!

“I think there is going to be a course correction at some point. And if you study financial cycles, you’ll see this happens all the time.” - Com Mirza

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Points to Keep In Mind

• Do your due diligence on who is backing the coin to determine legitimacy
• There are rumors that Mark Zuckerberg is going to launch his own ICO at Facebook
• Many people think cryptocurrency is a fad because there is no value exchanging
• Understand no resource of expertise is omnipotent
• All financial cycles operate in bubbles, and then bubbles burst
• Habibi Coin is real estate-backed, currently raising $100 million
• • 25% on land developments
  • 25% on cash flow investments
  • 50% goes into buying out interest-varying mortgages
• The best tip: make returns from crypto and then invest in real-world assets
• Goldman Sachs is discovering that crypto has real value
• A ponzi scheme is metaphorically described as a game of musical chairs
• Some ICOs don’t allocate 100% of the funds raised to backing the currency
• • HBB is able to send 100% of the funds: how they do this is figuring out the technology before raising funds