Post
Topic
Board Nigeria (Naija)
Re: Can Bitcoin Replace Land and Gold as Store of Wealth in Nigeria?
by
Gozie51
on 25/08/2025, 13:07:32 UTC

Would you personally prefer to hold most of your savings in BTC, rather than buy land?


Real estate and land business are still very lucrative, although bitcoin can give the fastest revenue in hours but land is physical and traditional. More people in Nigeria still trust assets in land than btc for now.

On an equal scale when the land is genuine and you don't lose your btc wallet identity or passphrase, you can lose more money in btc volatility in a day but land doesn't depreciate by just 24hours.

The factor of the status of btc in Nigeria is still in consideration. It is not legal yet but no rule is against anyone buying or selling genuine land.

So with these factors especially the volatility of bitcoin that can cause some loses as much as it can cause some profit. I prefer to hodl a genuine land