Six Reasons Why I Prefer Bitcoin/Crypto Over Real Estate
Plus, three ways real estate still reigns supreme.
Non-members can read the full story here.
Before beginning, there are some important considerations to make. Much of this does not apply to:
-a person’s primary residence, regardless of whether they own it or are renting the place
— someone who is temporarily renting out a home/apartment intending to eventually live in it permanently
— people who own accommodation overseas that they generally live in when returning to that country, assuming they frequently visit it for work or leisure.
Rather, this is mostly directed at people with several investment properties in one city/region and their wealth is heavily concentrated in this asset class.
Later in this piece, I will also touch on two main reasons why people still prefer to invest in housing and land rather than assigning those funds to BTC.
Let’s begin.
1) It is simpler to split and liquidate digital assets (for now)
Beginning with the most obvious one, there’s often a lengthy process and a vast amount to be spent when transferring property ownership.
However, once we see mainstream adoption of fractionalised real-world assets — the idea of splitting ownership of a particular good into multiple fragments that allows you to own that specified portion…