Topic: Bitcoin an opportunity like land - page 10. (Read 1546 times)
Great thread, I have seen people say that acquiring Bitcoin now at current prices is like being real estate in New York 250 years ago. I think it was Michael Saylor who explained it in great detail regarding the comparison. Buying Bitcoin now is something that could create generational wealth for you & your family.
I am from India and being in a country that has the biggest population in the world I can relate to your topic. What I do not understand is your comparison of land with Bitcoin the reason being land is physical and Bitcoin is virtual. Buying land has more obligations than buying Bitcoin as you would need to go through multiple paperwork. The next issue is that the land is governed by the government ruling that land whereas Bitcoin is decentralized. Comparing Bitcoin with land based on its price does not fit as Bitcoin has many more positive aspects than a piece of land. While I agree that both the price of land and Bitcoin are unstoppable, understand this Bitcoin is responsible for everyone being aware of an ecosystem that is decentralized while land is a centralized entity and its price is controlled by the government.
Bitcoin is a bit like land yes. Very valuable and supply capped. Though the supply cap on Bitcoin is of course total, and therefore much more limited than the cap on land as humans can do small amounts of adding land, and also climate change will open up new livable areas (while taking away some currently living areas).
And with how expensive real estate is these days, Bitcoin is a great alterantive. In fact I'd say people should be saving for real estate / land by using Bitcoin. Real estate is so expensive a lot of people will only be able to afford it if instead of trying to save up to buy some land/house in cash they can save in Bitcoin for a market cycle or two and be able to afford a house they never otherwise would be able to.
I know any house/land I buy will be coming straight from Bitcoin. Otherwise I would not be buying anything more than a cheap piece of land.
And with how expensive real estate is these days, Bitcoin is a great alterantive. In fact I'd say people should be saving for real estate / land by using Bitcoin. Real estate is so expensive a lot of people will only be able to afford it if instead of trying to save up to buy some land/house in cash they can save in Bitcoin for a market cycle or two and be able to afford a house they never otherwise would be able to.
I know any house/land I buy will be coming straight from Bitcoin. Otherwise I would not be buying anything more than a cheap piece of land.
It depends on your priorities. Whether you prioritize the stability of land or the potential growth of Bitcoin, it boils down to what aligns best with your financial goals and preferences. Having both is better. Land provides a tangible asset with historical appreciation, while Bitcoin adds a digital dimension with its potential for significant growth.
Bitcoin is a bit like land yes. Very valuable and supply capped. Though the supply cap on Bitcoin is of course total, and therefore much more limited than the cap on land as humans can do small amounts of adding land, and also climate change will open up new livable areas (while taking away some currently living areas).
And with how expensive real estate is these days, Bitcoin is a great alterantive. In fact I'd say people should be saving for real estate / land by using Bitcoin. Real estate is so expensive a lot of people will only be able to afford it if instead of trying to save up to buy some land/house in cash they can save in Bitcoin for a market cycle or two and be able to afford a house they never otherwise would be able to.
I know any house/land I buy will be coming straight from Bitcoin. Otherwise I would not be buying anything more than a cheap piece of land.
And with how expensive real estate is these days, Bitcoin is a great alterantive. In fact I'd say people should be saving for real estate / land by using Bitcoin. Real estate is so expensive a lot of people will only be able to afford it if instead of trying to save up to buy some land/house in cash they can save in Bitcoin for a market cycle or two and be able to afford a house they never otherwise would be able to.
I know any house/land I buy will be coming straight from Bitcoin. Otherwise I would not be buying anything more than a cheap piece of land.
No need to ask, I believe many people in every country face this problem too because population and manufacture are rising, it make land become scarce. What I don't like to invest in land is, there are many gangsters in my country that cooperate with police, notary, and banks. So let's say I bought land and have the proof of ownership, there's a possibility someone can claim my land using other proof of ownership.
In Bitcoin, you're safe. As long as you bought the real coin aka BTC (not BSV, BCH etc) on chain (not BSC, MATIC etc) and you hold it in non custodial wallet, you don't have to worry.
In Bitcoin, you're safe. As long as you bought the real coin aka BTC (not BSV, BCH etc) on chain (not BSC, MATIC etc) and you hold it in non custodial wallet, you don't have to worry.
Talking about you having money and making an investment in it, buying of lands are the traditional old ways of making an investment being risky and yet profitable, you can choose to buy land and someone take it from you or government, you will need your personal information before acquiring land, but with bitcoin, you can be more profitable if invested and you will be under nobody before choosing what to do with your asset, if land could be profitable with investment, then know this that bitcoin is more profitable on that, it's an asset and a digital currency decentralized.
Both are good investment, if you have both then you're lucky.
It is true that land as a property is such a good investment, however, the tax you're going to pay per month or per year is also a pain in the ass if you don't put anything in your land, like raising livestock on it or plants fruits and vegetables to generate more profits. Here in my country, land that are near the roads pitch much higher prices than those who are in a very high places like in farms near the forest.
While Bitcoin, if you bought some and hold for long term, it is all about waiting game until you hit the price where you're contented about selling it, no hassle at all. Though each of them has their own advantages, so either of them is a good investment in short.
It is true that land as a property is such a good investment, however, the tax you're going to pay per month or per year is also a pain in the ass if you don't put anything in your land, like raising livestock on it or plants fruits and vegetables to generate more profits. Here in my country, land that are near the roads pitch much higher prices than those who are in a very high places like in farms near the forest.
While Bitcoin, if you bought some and hold for long term, it is all about waiting game until you hit the price where you're contented about selling it, no hassle at all. Though each of them has their own advantages, so either of them is a good investment in short.
This might not be applicable everywhere but in my Country Nigeria i can attest to it.
Land price is ever growing and its supply is gradually reducing(limited supply) which has helped pushed the price more,unlike some fixed assets which depreciates in value with time.
Lands in the time of old was barely of any value. Something man just met and didn't know how valuable it is. In the past, couple of decades ago the prices of land were cheap due to its abundant supply in my country but now to buy a land is not something one can just wake up and do. Its very expensive especially in developed areas and even the rural areas increased the prices because demands is getting higher than supply. A land that could be bought for #5000($3.8 ) is been sold in millions of naira (>$2000).
This phase of growth to me could be likened to Bitcoin, while Land is in the physical realm Bitcoin occupies the digital. During Bitcoin inception its price was zero,many didn't consider its value but as times goes on the world started seeing its importance and many smart individual are holding already. It reminds of grandparents who kept their lands for years and later sold to school their kids abroad or improve the status of their family.
Now the price of land is so high that it would be difficult to get some acres by an average family but not Bitcoin. Since its divisible one can buy as little as a dollar and enjoy the privilege of fore fathers in getting their land at a relatively low cost.
Land was an opportunity for the past century and still till date, Bitcoin is one of ours. We were fortunate to be around the era where it can be bought by anyone. So try to take advantage of it.
Land owners who didn't enjoy their investment paved a great foundation for their children.
Bitcoin supply is limited like land and would continue to grow in price as inflation continues to affect the world.
In my country, especially in products gotten from lands like agricultural products, the law of gravity doesn't apply. As it rises yearly, the increase continues.
Buy now and don't start waiting for huge dip before entering. Trust me you would miss out.
There are people that sold their lands around 5 years ago and are regretting not keeping till date.
In the case of having a land, i believe leasing is better.
Its better for your regret to be not buying more than for it been not buying at all.
How's the price of land in your country?
Have you ever thought been in the time where land was cheap and bought alot?
Are you boarding the train(cheap) of Bitcoin holders or you want to wait for private jets?
Land price is ever growing and its supply is gradually reducing(limited supply) which has helped pushed the price more,unlike some fixed assets which depreciates in value with time.
Lands in the time of old was barely of any value. Something man just met and didn't know how valuable it is. In the past, couple of decades ago the prices of land were cheap due to its abundant supply in my country but now to buy a land is not something one can just wake up and do. Its very expensive especially in developed areas and even the rural areas increased the prices because demands is getting higher than supply. A land that could be bought for #5000($3.8 ) is been sold in millions of naira (>$2000).
This phase of growth to me could be likened to Bitcoin, while Land is in the physical realm Bitcoin occupies the digital. During Bitcoin inception its price was zero,many didn't consider its value but as times goes on the world started seeing its importance and many smart individual are holding already. It reminds of grandparents who kept their lands for years and later sold to school their kids abroad or improve the status of their family.
Now the price of land is so high that it would be difficult to get some acres by an average family but not Bitcoin. Since its divisible one can buy as little as a dollar and enjoy the privilege of fore fathers in getting their land at a relatively low cost.
Land was an opportunity for the past century and still till date, Bitcoin is one of ours. We were fortunate to be around the era where it can be bought by anyone. So try to take advantage of it.
Land owners who didn't enjoy their investment paved a great foundation for their children.
Bitcoin supply is limited like land and would continue to grow in price as inflation continues to affect the world.
In my country, especially in products gotten from lands like agricultural products, the law of gravity doesn't apply. As it rises yearly, the increase continues.
Buy now and don't start waiting for huge dip before entering. Trust me you would miss out.
There are people that sold their lands around 5 years ago and are regretting not keeping till date.
In the case of having a land, i believe leasing is better.
Its better for your regret to be not buying more than for it been not buying at all.
How's the price of land in your country?
Have you ever thought been in the time where land was cheap and bought alot?
Are you boarding the train(cheap) of Bitcoin holders or you want to wait for private jets?
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