MultiversX Tracker is Live!

Bitcoin is better than real estate because of Higher Liquidity and faster Cash Outs

Bitcoin Reddit

More / Bitcoin Reddit 38 Views

Throughout history Real Estate has been the best investment keeping up with and sometimes beating inflation. However, there are a few issues with real estate however

  1. There are plenty of land-rich liquidity poor people.
  2. Land is extremely difficult to sell without all sorts of paperwork and 3rd parties involved.
  3. Finding a buyer takes time, if you need money today forget it.
  4. Even taking a loan against your home takes time and involves paperowrk.
  5. In a rush, you will have to sell at a SIGNIFICANT loss.
  6. Lots of legal issues incase of land disputes
  7. You cannot carry your net worth with you in case of emergency. You cannot pack your home and take it on a flight lol
  8. Can only be sold to local people and the market is very geographically restricted.
  9. Land is restricted on OUR PLANET. If we go out in space, land is limitless.
  10. Thanks to EsleMike and Elevator.... Real Estate has house tax, insurance and hidden charges thereby chipping away your real estate's value over the long term
  11. If you do not maintain real estate it loses its value
  12. Wars and change in climate makes real estate volatile

Bitcoin solves all these problems

  1. Bitcoin ownership and liquidity means you are never cash poor if you want ot liquidate it.
  2. Bitcoin is easy to sell and needs zero paperwork if you prefer to sell without KYC via P2P
  3. You don't need to find a buyer, there are always buyers 365 days a year.
  4. Taking a loan against it is fast and takes minutes.
  5. In a rush, you can liquidate it pretty much near spot
  6. Zero legal issues because YOUR KEYS YOUR COINS
  7. You can carry your net worth with you without having to share the info with anyone, without it being seized or frozen.
  8. Can be sold globally to anyone, anywhere. Can even be cashed out in any country.
  9. Bitcoin limited THROUGHOUT THE UNIVERSE. There can only be 21 Million Bitcoin
  10. No tax. Period. No holding tax, no insurance required, no one gonna come and take awy your BTC if you don't pay ridiculous tax that they may come up with for holding it.
  11. No maintenance required and it still goes up in value over time.
  12. Wars and climate change have zero effect on it. It actually thrives under economic uncertainty and makes bankers' wars obsolete. (Read Bitcoin as Power Projection paper)

Just from a practical perspective, BTC beats land in terms of almost every single facet, what's more you can buy much more land with BTC as time goes by, the inverse is not true.

Bitcoin is unique in this as it is limited in quantity. This isn't based on some theoretical armchair general assessment, this is based on real world experience dealing with real estate on one hand and bitcoin on the other. BTC is infinitely simpler and hassle free. It also has, simply put, a much more significant amount of liquidity immediately available to cash out.

Open to criticisms but so far, haven't found any genuine ones yet except of course that you cannot build a house on a bitcoin but then you can always cash out btc to buy a house much faster than vice versa.

Cheers

submitted by /u/Agree-Refuse-69
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments