40 years may seem like a long time for one to hodl bitcoin but aren’t we being encouraged to do that with real estate. African parents can’t seem to stop talking about the advantages of buying lands and investing in real estate for long term, real estate investments is very popular in Nigeria I don’t understand why people don’t see bitcoin the same way. Is it because of ignorance or that they only see bitcoin as get-rich-quick scheme?
Buying and selling land is a business that has been in existence since the time of our fore-fathers. And because of the appreciating nature of land, alot had made good profit from it. This is what modernization has now turn to real estate today. Nigerians are mostly one way business oriented, so it will definitely take much time before their attention can be diverted to Bitcoin. I think in some year to this time, Bitcoin may get to replace real estate as it publicity keep increasing on daily basis.