I've read so much about Bitcoin in recent time despite it's bearish state now, the growth I've read and seen from the inception of Bitcoin, has been so far an amazing one,
Outside making my first Bitcoin purchase on the 23rd, of October 2022,
https://bitcointalksearch.org/topic/m.61204329I'm a also a local agent for buying and selling of landed properties, and from my observations, I can say that investing in Bitcoin has some edge(advantages) over investing in landed properties as follows
* Easy sorting
* Availability
* Ease of Trading
* Faster D.O.R
Easy Sorting
Bitcoin can be easily sorted for as compared to lands which in some cases, takes some time to sort at a land to meet a buyer's specification and budget.
Availability
Bitcoin also as compared to land has also been readily available for purchase at all time as compared to land which might be exhausted or not available at a particular area when needed at a particular time
Ease Of Trading
Buying and selling of Bitcoin can easily be done from the comfort of one's bed, which isn't the case with landed properties as it is difficult most time to sort for potential buyers and also sellers at some points and time.
Faster D.O.R
Faster Dividend Of Return is one advantage of Bitcoin over landed properties, as one who invests in Bitcoin now(bear run) will be smiling in no time as there might be possible Bull run before the end of next year.
Will you sell Bitcoin to buy a land or sell a land to buy Bitcoin?
What would you rather invest in?
Even if the Bitcoin has many advantages over land investment, most of the people int country choose the later for investment. Let me list some reasons for this:
1) Most important thing is mindset. It took years for people to understand that land investment gives very good returns. It is now rooted in the mind of people as their parents used to discuss this in homes, they saw this in news and internet. It is very hard to remove this conditioning and replace land investment with a new form of investment like bitcoin.
2) It might sound ridiculous but people here boast of the properties they own. It is a matter of social status. On the other hand, even if you own a lot of bitcoin or other crypto, no one else will come to know about it. I know the idea to feel proud this way is stupid but we cannot change the way society operates. This is the way people think here.
However, gradually things will change and people here will also understand the benefits of crypto over land investment.