Post
Topic
Board Nigeria (Naija)
Re: Why you should choose digital assets over physical assets.
by
Franctoshi
on 10/07/2024, 21:54:11 UTC

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.
The benefits are quite very good they still have their risk, which means you can lost everything within a minute if eventually you are hacked unlike the physical assets or property it will be difficult for one to move or still your land wich you have the documents.
In conclusion, I won't prefer only digital assets investment over the other as investment into Gold, real estate, and other physical properties still worth it.

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 true that they are not government regulated, they're regulated through exchanges, but you can talk about total control, Government don't have control over digital asset such as Bitcoin.