Post
Topic
Board Nigeria (Naija)
Re: Why you should choose digital assets over physical assets.
by
Charles-Tim
on 10/07/2024, 19:48:48 UTC
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 if low cost. Unlike physical assets that would be if high cost.

But 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 folks the right way and have the property papers. These are physical properties that can not be stolen.

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.
This is not entirely true. Bitcoin ETFs and many other things can be regarded as physical assets. Also are bitcoin on exchanges while exchanges do not want to violate government laws.