Yes, but it does not give a yield (1.). Although so far in total return bitcoin outperforms good real estate in the sum of appreciation and yield.
Technically you're correct and I also agree with you.
However, some people choose to stake their coins in centralized exchanges in order to earn yield.
Are you sure that we won't experience any stress when investing in bitcoin? This would actually be a bias to say that investing in bitcoin is more comfortable and secure than real estate. We should be fair and need to accept the fact that there is no asset that is both safe and can bring high profits and vice versa, low profits, low risks.
I believe most people know that real estate is the best investment and everyone's dream but because we are bitcoin investors and we don't have too much money to own real estate, we are trying to fool ourselves that bitcoin is better.
To be honest, I don't feel comfortable investing large amounts of money in bitcoin but I feel very safe owning real estate and generating passive income from it.
It is true that investing in bitcoin will bring much better returns than any investment, not only real estate but everything has its price and the higher the return, the higher the risk.
Yes I'm 100% sure I don't have any stress when investing in Bitcoin and I don't fool myself.
I live in a country where laws and regulations are useless for middle and poor class, even I have ownership documents of my real estate, but there could be a mafia that want to get my real estate by using fake ownership documents. The mafia can cooperate with the government, if I can't hire a popular and expensive lawyer, I would lose in the court. Imagine, you already working hard to buy real estate, but your money will gone in a second either lose or use to hire a lawyer.