Well said, OP.
I believe, Digital asset are good for investment with potential for great returns, same time I would love to remind you that the risk and Mental strength required is higher. Digital or Physical Asset, it a matter of choice and decision subjective to the individual, physical assets like gold, Land, etc like you earlier mentioned also have greater potential which ratios it to the fact that we can't put the terms of uncertainties in Digital asset compared to something physical which is a legacy.
I believe returns from Digital asset, are also used to build Physical Asset, and owning of properties. I support you on the ground of Free-will and no external control of Digital asset which I see as one of the edge of Digital asset over physical asset.
In conclusion, showing off that one has wealth has nothing related to wether or not its physical or digital asset. We have seen individuals showing there wallet balance, Coins they are hodling, Amount of Bitcoin in possession (what do we call this, isn't it showing off relating it to your sentiment).
Everyone has there choice and decision to invest there resources into any asset be it digital or Physical, so we can't say which is better because investment lies in uncertainty.
Topic: Why you should choose digital assets over physical assets. (Read 756 times)
Physical assets are good from the standpoint of diversification of investment and maybe for showing off that you have wealth, but in comparison to digital assets like Bitcoin, it's better to invest in digital assets over most physical assets.
If we put it that way, then it means that everyone who hold Bitcoin is filthy rich
I don't think that's how it looks. Bitcoin investment gives you a better way to earn profits on the long term from a more secured means of storing your funds. Unlike the banks where we leave our funds and they lend it our to bigger bodies making profits without paying us interest. If we put the mind set of getting rich with BTC then it would be wrong in a way. The thing I like about digital assets is the idea that it's flexible and reliable when it comes to transactions. You can send money across border without much stress from banks signing and the rest. But then we should know that digital assets won't be able to dominate physical assets now or in the future. That's because there will still be people who would prefer them to digital assets. One sign that tells you that someone is still some centuries behind is when you talk about an investment option with them and all they talk about is physical assets. Some don't even see buying a digital asset as a good investment option probably because they've been used to buying properties or assets they can easily see and show people that they own it or one that's popular like land, gold, houses, machinery, etc. But when it comes to choosing either physical or digital assets to invest in, the advantages of owning digital assets are far more than that of owning physical assets.
Advantages of digital assets.
1. You can be filthy rich with a Bitcoin holding that's worth $billions and still live a low-profile life unlike owning physical assets like acres of land or properties that are tied to your name and will bring unnecessary attention.
2. Digital assets are mobile which means that at any time you choose to relocate to a desired destination, you don't need to worry about selling all your assets before doing so, you can just sell a small fraction that's enough to sort out your traveling fair and keep holding to your digital asset. That's not possible for physical assets as it will require that you sell them under pressure and you might be forced to sell them at a very low price.
3. It's not subject to government regulations or environmental issues: digital assets are not subject to regulation of the government or environmental changes that will affect assets like lands, gold, houses, and properties. As long as you're with your keys and you're alive, regardless of the environmental hazard or bad government policy that's not favorable in your location, you can easily change location while holding your digital assets.
Physical assets are good from the standpoint of diversification of investment and maybe for showing off that you have wealth, but in comparison to digital assets like Bitcoin, it's better to invest in digital assets over most physical assets.
Digital assets just like physical assets too has it own weakness and strength, To me one of the weaknesses of digital assets especially Bitcoin which can also be seeing as the strength is decentralisation, Advantages of digital assets.
1. You can be filthy rich with a Bitcoin holding that's worth $billions and still live a low-profile life unlike owning physical assets like acres of land or properties that are tied to your name and will bring unnecessary attention.
2. Digital assets are mobile which means that at any time you choose to relocate to a desired destination, you don't need to worry about selling all your assets before doing so, you can just sell a small fraction that's enough to sort out your traveling fair and keep holding to your digital asset. That's not possible for physical assets as it will require that you sell them under pressure and you might be forced to sell them at a very low price.
3. It's not subject to government regulations or environmental issues: digital assets are not subject to regulation of the government or environmental changes that will affect assets like lands, gold, houses, and properties. As long as you're with your keys and you're alive, regardless of the environmental hazard or bad government policy that's not favorable in your location, you can easily change location while holding your digital assets.
Physical assets are good from the standpoint of diversification of investment and maybe for showing off that you have wealth, but in comparison to digital assets like Bitcoin, it's better to invest in digital assets over most physical assets.
Decentralisation as a weakness to me is in the aspect of security risk because if a transaction is mistakenly transferred to the wrong recipient then it is a loss on the sender's end, without any authority being able to reverse or retrieve that transactions, no regulatory body to report to.
But I also see decentralisation as a strength of Bitcoin due to the fact that it doesn't have a central control, as no one can stay at the admin end and manipulate anything like we see most times in our traditional banks,
Here in this part of the world Both physical and digital assets needs each other, they work hand in hand, same way we invest in digital assets should be the same way we invest in physical assets,
In the event of death, your digital assets is gone forever with you, but investing in physical assets your family members like wife and kids will have something to hold on to even when you are gone,
I stand to be corrected.
Upon other interesting reasons for choosing digital assets, but One differential thing that I love about Bitcoin over other physical assets is the fact that Bitcoin is more liquid than any physical assets out there, meaning that buyers are readily available whenever you wish to sell your Bitcoin unlike what I have experienced with some other physical assets where that you have problem with Finding a buyer when you want to liquidate your assets, and in some cases may take several months to find buyer which may result in the owner wanting to sell at very lower price than what they bought it.
Yea, bitcoin is actually far better in that way than those physical investments. But the only thing that makes you also recommend having other physical assets if just in case you are no more (death), but if you are to consider based on liquidity, then there are not even comparable benefits; they don’t have the same benefits, and the demand is definitely different. That is why most people use their physical investment as a third option, meaning even if they have an emergency and need money, they will not even consider it as an option unless there is no other option, then selling those physical assets.
So if we are going based on liquidity, I will also prefer bitcoin to the physical investment, but if it is based on future references, I think the physical investment will be more useful.
One sign that tells you that someone is still some centuries behind is when you talk about an investment option with them and all they talk about is physical assets. Some don't even see buying a digital asset as a good investment option probably because they've been used to buying properties or assets they can easily see and show people that they own it or one that's popular like land, gold, houses, machinery, etc. But when it comes to choosing either physical or digital assets to invest in, the advantages of owning digital assets are far more than that of owning physical assets.
Advantages of digital assets.
1. You can be filthy rich with a Bitcoin holding that's worth $billions and still live a low-profile life unlike owning physical assets like acres of land or properties that are tied to your name and will bring unnecessary attention.
2. Digital assets are mobile which means that at any time you choose to relocate to a desired destination, you don't need to worry about selling all your assets before doing so, you can just sell a small fraction that's enough to sort out your traveling fair and keep holding to your digital asset. That's not possible for physical assets as it will require that you sell them under pressure and you might be forced to sell them at a very low price.
3. It's not subject to government regulations or environmental issues: digital assets are not subject to regulation of the government or environmental changes that will affect assets like lands, gold, houses, and properties. As long as you're with your keys and you're alive, regardless of the environmental hazard or bad government policy that's not favorable in your location, you can easily change location while holding your digital assets.
Physical assets are good from the standpoint of diversification of investment and maybe for showing off that you have wealth, but in comparison to digital assets like Bitcoin, it's better to invest in digital assets over most physical assets.
I agree with the OP on digital assets being a better investment choice, it offers a level of flexibility, anonymity and security. It also helps you maintain a low profile despite holding significant amount of wealth. However, while investing in digital assets like Bitcoin it is important to know it's potential drawbacks such as market volatility and security risks. Advantages of digital assets.
1. You can be filthy rich with a Bitcoin holding that's worth $billions and still live a low-profile life unlike owning physical assets like acres of land or properties that are tied to your name and will bring unnecessary attention.
2. Digital assets are mobile which means that at any time you choose to relocate to a desired destination, you don't need to worry about selling all your assets before doing so, you can just sell a small fraction that's enough to sort out your traveling fair and keep holding to your digital asset. That's not possible for physical assets as it will require that you sell them under pressure and you might be forced to sell them at a very low price.
3. It's not subject to government regulations or environmental issues: digital assets are not subject to regulation of the government or environmental changes that will affect assets like lands, gold, houses, and properties. As long as you're with your keys and you're alive, regardless of the environmental hazard or bad government policy that's not favorable in your location, you can easily change location while holding your digital assets.
Physical assets are good from the standpoint of diversification of investment and maybe for showing off that you have wealth, but in comparison to digital assets like Bitcoin, it's better to invest in digital assets over most physical assets.
Digital assets has its own disadvantages just like physical assets. The disadvantages of digital assets like Bitcoin and other coins are; market volatility, security risks, technical expertise and loss of key. While the disadvantages of physical assets are; Environmental risks, depreciation, maintenance and upkeep.
Digital assets is good but I will choose physical assets over it and not because I want to show off but because physical assets has taken a lot of hungry youths off the street in terms of employment. Physical assets like Hotels, hospitals, production companies and the rest of them has people working with them and for me that's the greatest assets (humanity/employment)
I have had a fair share of both assets and I'm talking out of experience. the internet is not 100% secured so let's choose both as an investment plan.
People with what they want if you tried telling them about digitalization and they still remains mute to it then go ahead and show them prove because investing in digital currency doesn't end, maybe whenever they feels like join the investment they could make a turn to start investment.
You would not blame them them, everybody guards themselves from scam until they're fully convinced a project is worth a try. You know there's a lot of scam projects in the crypto space, so it's hard for a novice to even differentiate. The amount of information available to someone spurs their conviction to engage in anything, people too are more convinced when they see live evidence of success, and on that note I would warn you to know the kind of evidence you show them so as not to expose yourself to security threats.Quote
As for me I still prefer investment on digital currency than owner a share in bank or landed properties, even though those who are thinking of only physical properties are people who have narrowed their thinking to only one area of life which is why it's very difficult to change from what they knows to digital currency.
It is good not to put all your eggs in one basket to help build a stronger security for your investments. Landed properties are good and appreciates well when secured in a rapidly developing environment, but for leaving your funds in the bank is a negative from me because fiat depreciates in value when left stagnant and you end up making money for the banking system only leaving you with nothing. You should learn to make your money work for you and that entails investing in profitable digital and physical assets.The main advantage of digital assets is reduced taxation, privacy and anonymity, so you choose properly and invest wisely.
One sign that tells you that someone is still some centuries behind is when you talk about an investment option with them and all they talk about is physical assets. Some don't even see buying a digital asset as a good investment option probably because they've been used to buying properties or assets they can easily see and show people that they own it or one that's popular like land, gold, houses, machinery, etc. But when it comes to choosing either physical or digital assets to invest in, the advantages of owning digital assets are far more than that of owning physical assets.
Advantages of digital assets.
1. You can be filthy rich with a Bitcoin holding that's worth $billions and still live a low-profile life unlike owning physical assets like acres of land or properties that are tied to your name and will bring unnecessary attention.
2. Digital assets are mobile which means that at any time you choose to relocate to a desired destination, you don't need to worry about selling all your assets before doing so, you can just sell a small fraction that's enough to sort out your traveling fair and keep holding to your digital asset. That's not possible for physical assets as it will require that you sell them under pressure and you might be forced to sell them at a very low price.
3. It's not subject to government regulations or environmental issues: digital assets are not subject to regulation of the government or environmental changes that will affect assets like lands, gold, houses, and properties. As long as you're with your keys and you're alive, regardless of the environmental hazard or bad government policy that's not favorable in your location, you can easily change location while holding your digital assets.
Physical assets are good from the standpoint of diversification of investment and maybe for showing off that you have wealth, but in comparison to digital assets like Bitcoin, it's better to invest in digital assets over most physical assets.
Advantages of digital assets.
1. You can be filthy rich with a Bitcoin holding that's worth $billions and still live a low-profile life unlike owning physical assets like acres of land or properties that are tied to your name and will bring unnecessary attention.
2. Digital assets are mobile which means that at any time you choose to relocate to a desired destination, you don't need to worry about selling all your assets before doing so, you can just sell a small fraction that's enough to sort out your traveling fair and keep holding to your digital asset. That's not possible for physical assets as it will require that you sell them under pressure and you might be forced to sell them at a very low price.
3. It's not subject to government regulations or environmental issues: digital assets are not subject to regulation of the government or environmental changes that will affect assets like lands, gold, houses, and properties. As long as you're with your keys and you're alive, regardless of the environmental hazard or bad government policy that's not favorable in your location, you can easily change location while holding your digital assets.
Physical assets are good from the standpoint of diversification of investment and maybe for showing off that you have wealth, but in comparison to digital assets like Bitcoin, it's better to invest in digital assets over most physical assets.
True, but it's not wrong to hold both instead of picking just one, is it? Both forms of investments are good and have their advantages and disadvantages. Digital investments are easy to use, spend, liquidate, and hodl, but physical assets have their advantages too. They aren't used for show-offs only. One can also have physical assets and keep a low profile if one wants to. Like gold, company shares, land, etc. At the end of the day, were all looking for how to store wealth inside something valuable.
At the end of time; what's the point of mere hoarding digital assets without it metamorphosed into tangible Physical assets that'd be beneficial to Self and humanity.
We don't eat digital assets, neither drive them nor live in them but rather, they are intended to work for Us in the long-run.
So, inasmuch as digital assets are safe and very peaceful and easy way to grow assets; physical assets are the aftermath, Should be the Goal.
Let's Think the Both:
Think digital assets also Think Physical Assets!
We don't eat digital assets, neither drive them nor live in them but rather, they are intended to work for Us in the long-run.
So, inasmuch as digital assets are safe and very peaceful and easy way to grow assets; physical assets are the aftermath, Should be the Goal.
Let's Think the Both:
Think digital assets also Think Physical Assets!
One sign that tells you that someone is still some centuries behind is when you talk about an investment option with them and all they talk about is physical assets. Some don't even see buying a digital asset as a good investment option probably because they've been used to buying properties or assets they can easily see and show people that they own it or one that's popular like land, gold, houses, machinery, etc. But when it comes to choosing either physical or digital assets to invest in, the advantages of owning digital assets are far more than that of owning physical assets.
Advantages of digital assets.
1. You can be filthy rich with a Bitcoin holding that's worth $billions and still live a low-profile life unlike owning physical assets like acres of land or properties that are tied to your name and will bring unnecessary attention.
2. Digital assets are mobile which means that at any time you choose to relocate to a desired destination, you don't need to worry about selling all your assets before doing so, you can just sell a small fraction that's enough to sort out your traveling fair and keep holding to your digital asset. That's not possible for physical assets as it will require that you sell them under pressure and you might be forced to sell them at a very low price.
3. It's not subject to government regulations or environmental issues: digital assets are not subject to regulation of the government or environmental changes that will affect assets like lands, gold, houses, and properties. As long as you're with your keys and you're alive, regardless of the environmental hazard or bad government policy that's not favorable in your location, you can easily change location while holding your digital assets.
Physical assets are good from the standpoint of diversification of investment and maybe for showing off that you have wealth, but in comparison to digital assets like Bitcoin, it's better to invest in digital assets over most physical assets.
Digital asset like bitcoin is more preferable because of how accessible you can globally, easy to purchase, easy to transfer and how you can secure it compared to physical asset. Bitcoin can be bought in fractions making it easy to invest with amount that you are comfortable with. The choice and decision to invest in any asset is personal one but embracing digital asset like bitcoin is a game changer. Bitcoin have not been too long, not up to 20 years but it compete with other physical assets that has been there for many centuries, this shows how potential it is making it good choice of investment. Bitcoin can be easily traded globally compared to physical assets like Gold, land, stocks and bonds, real estate. Some of these physical assets, you have to test the authenticity whether they are real or fake (gold) and position (e.g land & real estate) they are not easily divisible but bitcoin can be bought and sold in fractions Advantages of digital assets.
1. You can be filthy rich with a Bitcoin holding that's worth $billions and still live a low-profile life unlike owning physical assets like acres of land or properties that are tied to your name and will bring unnecessary attention.
2. Digital assets are mobile which means that at any time you choose to relocate to a desired destination, you don't need to worry about selling all your assets before doing so, you can just sell a small fraction that's enough to sort out your traveling fair and keep holding to your digital asset. That's not possible for physical assets as it will require that you sell them under pressure and you might be forced to sell them at a very low price.
3. It's not subject to government regulations or environmental issues: digital assets are not subject to regulation of the government or environmental changes that will affect assets like lands, gold, houses, and properties. As long as you're with your keys and you're alive, regardless of the environmental hazard or bad government policy that's not favorable in your location, you can easily change location while holding your digital assets.
Physical assets are good from the standpoint of diversification of investment and maybe for showing off that you have wealth, but in comparison to digital assets like Bitcoin, it's better to invest in digital assets over most physical assets.
Upon other interesting reasons for choosing digital assets, but One differential thing that I love about Bitcoin over other physical assets is the fact that Bitcoin is more liquid than any physical assets out there, meaning that buyers are readily available whenever you wish to sell your Bitcoin unlike what I have experienced with some other physical assets where that you have problem with Finding a buyer when you want to liquidate your assets, and in some cases may take several months to find buyer which may result in the owner wanting to sell at very lower price than what they bought it.
So the essence of wetin I think about all these is that, na to get both of them, so that if one dy lag behind, you go use the other one use hold ur side, so having the both is the best.
Digital assets, especially investing in Bitcoin, stocks, bonds, E-commerce and other lucrative online business gives you good residential income that are micro taxed or tax free from the government.
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Ok make we look wetin dy happen to Bitcoin now and how e dy fall in price today, right now, wetin go sustain you mostly now na ur physical asset, so having both of them dy very good, so as to strike a balance in ur finances, make e no just be one side something.
Bitcoin price falling is not a good case study and I'll tell you why. Bitcoin investment isn't slated for a short period of time, it's a long term investment, the dip we all see now is expected before bull run ensures, it have been seen in the past and it's a cycle that repeats itself, Bitcoin investment isn't supposed to be what that would be sustaining you, you're advised to have an emergency fund and only invest in Bitcoin with your spare funds that you wouldn't be needing for a while. E still got get other digital assets wey go dey sustain the person, like me even if Bitcoin dips the more, my digital career is a more than enough asset to keep me full.
Both of them are good and it will be nice if you can have both othem instead of depending on one only. Digital assest don't allow anyone to know how much that you have or if you are rich because there is nothing to show that you have an asset which makes me like it for privacy. I will like to invest in bitcoin first then later when I have accumulated enough Bitcoin, I can diversify into physical assets like bonds, stock, gold or real estate because currently bitcoin is the most rewarding investment and gives higher profits than any other investment.
The fact that both of them are good how affordable matters you need to have money to do either digital or physical assets, your plans will also determine which exactly you want to do and fit privacy and security reasons some people might consider digital assets since the ownership will be unknown compare to physical assets so both of them have their advantages. And that is another good suggestion having the both of them is likewise not a bad idea if you can afford the two. And am sure a lot of rich people have their own share of bitcoin, and even politicians acting as if they don't care, they all have serious interest in bitcoin, and sometimes they will like bitcoin so that they can hide their stolen funds their. In conclusion as far as it's an asset then it's a good choice then, either digital or physical.
So the essence of wetin I think about all these is that, na to get both of them, so that if one dy lag behind, you go use the other one use hold ur side, so having the both is the best.
Ok make we look wetin dy happen to Bitcoin now and how e dy fall in price today, right now, wetin go sustain you mostly now na ur physical asset, so having both of them dy very good, so as to strike a balance in ur finances, make e no just be one side something.
Both of them are good and it will be nice if you can have both othem instead of depending on one only. Digital assest don't allow anyone to know how much that you have or if you are rich because there is nothing to show that you have an asset which makes me like it for privacy. I will like to invest in bitcoin first then later when I have accumulated enough Bitcoin, I can diversify into physical assets like bonds, stock, gold or real estate because currently bitcoin is the most rewarding investment and gives higher profits than any other investment.
The fact that both of them are good how affordable matters you need to have money to do either digital or physical assets, your plans will also determine which exactly you want to do and fit privacy and security reasons some people might consider digital assets since the ownership will be unknown compare to physical assets so both of them have their advantages. And that is another good suggestion having the both of them is likewise not a bad idea if you can afford the two. And am sure a lot of rich people have their own share of bitcoin, and even politicians acting as if they don't care, they all have serious interest in bitcoin, and sometimes they will like bitcoin so that they can hide their stolen funds their. In conclusion as far as it's an asset then it's a good choice then, either digital or physical.
The reason I can prefer bitcoin is because there are many ways I can protect the coins in ways that no one on earth can steal my coins from me. Some people can make mistakes but if you have the right knowledge about how to protect your coins, no one will be able to hack it. And the security would be of low cost. Unlike physical assets that would be of high cost.
Even with the high cost, physical assets are still subject to destruction at the emergence of unrests of any kind, you can see over the news in northern and western Nigeria how physical assets were destroyed and looted on the very first day of protest.Physical assets drags attention easily unlike digital assets which you can have in abundance and still keep a low profile.
Taxation is more on physical assets than digital assets.
In as much as physical assets are good, I strive for limited physical assets and more digital assets.
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There are some physical assets that are worth it. No one can steal your house if you have the legal backup. Also are real estates and land. But that is if you go the right way and have the legit property papers. There are physical properties that can not be stolen.
Yes, I agree with you, Real estate is a very important aspect of investment, but you need to watch out where you make such investments and stay off troubled zones, so you don't end up losing them easily to violence, or not being profitable owing to unfavorable living and business conditionsIt is obvious AlphaBoy is not paying attention because if he was, he will know that the situation he is describing is not reserved for bitcoin but everything that he enjoys now and will be going back to the primitive era. In other words, when we talk about investing in gold, many people thing it is buying and holding gold in their homes, a lot of them do not know that the physical golds are not kept at home but in vaults at the banks and in the advent of war they become inaccessible. A good number of gold investors do not even invest in physical gold but digital gold like it is traded in the stock market, gold ETFs and many other forms of internet related gold that is only workable through the internet. The internet generally govern most of these investments and without it, a lot of things will be in standstill.
I agree with you, but these are based on real stories I heard from a lot of people. Civilizations are a temporary illusion, and human instinct is the last ruler of society. Just as gold and silver have been money for over 7,000 years, they still will be. As for the so-called digital gold, it's not real at all. Just look at the downfall of eToro, and you'll see what I am talking about.
When civilization collapses and internet & electricity become a luxury, your digital assets won't help you at all unless you have at least 1 million dollars' worth. This has happened a lot in wars, civil wars to be more specific.
When a civil war hits, it's only gold and silver, and maybe agricultural land, that are the assets important to everyone. So if you really want safety in all conditions, you should also hoard some gold and silver.
You can get yourself solar panels and batteries to power it. A war that will destroy the panels may likely make you not to take your gold and silver. Many people keep their gold and silver in banks or vault to secure it and war may not let them have access to it. Even people can steal the gold or silver during war because a lot of uncertain things can happen. When a civil war hits, it's only gold and silver, and maybe agricultural land, that are the assets important to everyone. So if you really want safety in all conditions, you should also hoard some gold and silver.
When you have digital asset you can make use of it any time wherever you are without restrictions or going to the bank ,as long as you can access the internet it is easy to store and access, but physical has to do with direct contact,digital assets reduce your cost of production and low transaction fees,you can buy and sell them easily and can be converted to cash very fast. It give right for investor to have a portfolio little by little like
Bitcoin ,asset can be bought bit by bit using DCA Strategy for accumulation of your coins. In terms of securing your asset,If you lost your seedphrase , it's very difficult to regain and can't be replaced with any other except the original one and can be attacked by virus,malware or fraudsters e.t.c,while physical assets can be replaced when stolen or damaged.
Bitcoin ,asset can be bought bit by bit using DCA Strategy for accumulation of your coins. In terms of securing your asset,If you lost your seedphrase , it's very difficult to regain and can't be replaced with any other except the original one and can be attacked by virus,malware or fraudsters e.t.c,while physical assets can be replaced when stolen or damaged.
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When comparing digital assets and physical assets, you will be ready to distinguish well because to me this serves as a persuading post just to make people have more interest in investing in bitcoin or buying online assets because you identify the very best advantages of online assets and forget to identify the advantages of physical assets and also their advantages.
You see, everything in this life has its advantages and disadvantages, and talking of keeping assets, you have to still think about other things based on the situation. Nigeria is going now. When you invest or have millions in bitcoin or any online investment, you have to keep all your information secret, which includes your seed phase and password, from everyone. Then what will happen to your investment if you have a sudden death like an accident? When you know you have a family, that means all your efforts will be in vain because not all of your family members will benefit from it, but if it is a physical investment or asset, all they need is to access your documents, and then they are covered.
If u choose digital assets, it will going to reduce so many things from u, things like shop rent, community bill, light bill, transport bill, government tax because is not control by d government, u don't need to have a shop before u can invest in digital assets, nobody will disturb u for light bill which are some points u need to consider before making your final decision between physical assets and digital assets. I no say many of us started from physical assets that make some of us to have d opportunity to no there are some potential digital assets in d industry that can bring profits like physical assets.
With d knowledge I have concerning digital assets these days, I guess I will choose digital assets because there will be no harassment of d plenty coins in your wallet, like d way EFCC use to harass some banks users with some plenty of money found in their bank account which such thing will never happen to digital assets users.
With d knowledge I have concerning digital assets these days, I guess I will choose digital assets because there will be no harassment of d plenty coins in your wallet, like d way EFCC use to harass some banks users with some plenty of money found in their bank account which such thing will never happen to digital assets users.
You can get yourself solar panels and batteries to power it. A war that will destroy the panels may likely make you not to take your gold and silver. Many people keep their gold and silver in banks or vault to secure it and war may not let them have access to it. Even people can steal the gold or silver during war because a lot of uncertain things can happen.
Solar panels aren't exactly cheap nor that reliable, and only foolish people put their gold and silver in banks; you can dig a hole.
I saw this in a lot of conflicts around the world, ones that started in the early days of crypto, like the Syrian civil war, and one that started after the crypto boom, like the Russo-Ukrainian war. In both wars, crypto did not surpass gold and silver at all, except for those who had millions worth of it. It's not just about you; it's about the buyer. It will be really hard to find buyers from within the country who will pay market price. The only option here is the trading platforms, and those will charge some fees.
So unless you have at least one million worth of crypto, it's not worth it to save up in a war.
always remember the words of JP Morgan:
“Gold is money. Everything else is credit.”
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