Legit question, especially these days where bear market took place for about a full year now. At this moment land is considered as something more secure and it is an axiom. On contrary Cryptospace is curently going thorough rough times and nobody knows when and what will encourage investors to become part of new economy and bring new value to the ecosystem. Furthermore it depends on how will you treat your land or bitcoin couse having a capital and do nothing with it is just stupid.
On the other hand the question is uncomplete as you didn't mentioned any specific relations nor thoughts which makes really hard to make a logical statemant. But if you ask me if i would have some small plot or bitcoin i would prefeer having bitcoin(assuming that we have equivalent price ratio). The reason for it is that it is easier to use and maneuver BTC around rather than process the land, at least i see it that way. What are your thoughts?
Interesting question you ask here but It's probably all about location and size of the plot of land, a small plot in any medium sized city is worth a few bitcoins for sure.
Both can end up being highly valuable but there are a few factors that you have to take into account when owning a plot of land, I already said the first thing, location but not only the location is important, what surrounds your plot of land matters too, other houses in the area, proximity to important things like malls, hospitals and transport, services, is the region where your land plot is located growing economically and attractive? If you can answer yes to half of those, then you are probably better off with some land, especially if you have some money to build something on top of it, develop it and maybe rent it for passive income and always have the option to sell it if necessary, getting passive income is key to grow in life and find peace to be able to dedicate yourself to other business endeavors, like bitcoin and other crypto currencies!
I think land is more valuable than bitcoin. Bitcoin is virtual but land is for real. Assume, if Bitcoin value goes to zero than it means no one is going to think of Bitcoin and remember it. Whereas, if you own a piece of land or a house big or small its gonna be there, which has a real value. Hence, I feel land is more valuable than Bitcoin.
A lot of it is going to depend on where the land is located. Bitcoin has a pretty fixed value at any give moment. The price of a bitcoin in China is basically the same as the price of a bitcoin in the United States.
Land on the other hand can be worth many different amounts depending on where it is located. Land that is on a lake is going to be more valuable than land that is in a swamp, even if it is a much smaller plot.
If you see value as being volatile but also fixed then I think you would probably assume that BTC is more valuable. However you are just looking at it monetarily and you consider the amount of demand there will be for said piece of land, you will probably consider land more valuable.
They are both commodities with a fixed supply, in the end though I would probably consider land to be more valuable.
Land is by far more valuable. For one thing it can't be hacked (yes it can be stolen). You don't have to worry about it being lost if you lose your computer or "keys" or wallet etc. It's always registered with a government that can prove ownership
Depending on where the land is its value can increase or decrease over time. There are very people who have bought and held land for extended periods of time that have lost money on that deal. Can the same be said for bitcoin?
Land is a commodity and many many things can be done with it. As the years go by the value of the land can change simply by what can be done with it. It might have started out as a patch of dirt and dust but 10 years later thanks to new irrigation techniques its now a fertile farmland. 20 years after that its the most sought after location in the country for multi-million dollar homes. 50 years after that some new mineral was discovered beneath it, etc.
Land has verstatility and longevity that bitcoin simply does not have.
Legit question, especially these days where bear market took place for about a full year now. At this moment land is considered as something more secure and it is an axiom. On contrary Cryptospace is curently going thorough rough times and nobody knows when and what will encourage investors to become part of new economy and bring new value to the ecosystem. Furthermore it depends on how will you treat your land or bitcoin couse having a capital and do nothing with it is just stupid.
On the other hand the question is uncomplete as you didn't mentioned any specific relations nor thoughts which makes really hard to make a logical statemant. But if you ask me if i would have some small plot or bitcoin i would prefeer having bitcoin(assuming that we have equivalent price ratio). The reason for it is that it is easier to use and maneuver BTC around rather than process the land, at least i see it that way. What are your thoughts?
Interesting question you ask here but It's probably all about location and size of the plot of land, a small plot in any medium sized city is worth a few bitcoins for sure.
Both can end up being highly valuable but there are a few factors that you have to take into account when owning a plot of land, I already said the first thing, location but not only the location is important, what surrounds your plot of land matters too, other houses in the area, proximity to important things like malls, hospitals and transport, services, is the region where your land plot is located growing economically and attractive? If you can answer yes to half of those, then you are probably better off with some land, especially if you have some money to build something on top of it, develop it and maybe rent it for passive income and always have the option to sell it if necessary, getting passive income is key to grow in life and find peace to be able to dedicate yourself to other business endeavors, like bitcoin and other crypto currencies!
I think land is more valuable than bitcoin. Bitcoin is virtual but land is for real. Assume, if Bitcoin value goes to zero than it means no one is going to think of Bitcoin and remember it. Whereas, if you own a piece of land or a house big or small its gonna be there, which has a real value. Hence, I feel land is more valuable than Bitcoin.
A lot of it is going to depend on where the land is located. Bitcoin has a pretty fixed value at any give moment. The price of a bitcoin in China is basically the same as the price of a bitcoin in the United States.
Land on the other hand can be worth many different amounts depending on where it is located. Land that is on a lake is going to be more valuable than land that is in a swamp, even if it is a much smaller plot.
If you see value as being volatile but also fixed then I think you would probably assume that BTC is more valuable. However you are just looking at it monetarily and you consider the amount of demand there will be for said piece of land, you will probably consider land more valuable.
They are both commodities with a fixed supply, in the end though I would probably consider land to be more valuable.
Land is by far more valuable. For one thing it can't be hacked (yes it can be stolen). You don't have to worry about it being lost if you lose your computer or "keys" or wallet etc. It's always registered with a government that can prove ownership
Depending on where the land is its value can increase or decrease over time. There are very people who have bought and held land for extended periods of time that have lost money on that deal. Can the same be said for bitcoin?
Land is a commodity and many many things can be done with it. As the years go by the value of the land can change simply by what can be done with it. It might have started out as a patch of dirt and dust but 10 years later thanks to new irrigation techniques its now a fertile farmland. 20 years after that its the most sought after location in the country for multi-million dollar homes. 50 years after that some new mineral was discovered beneath it, etc.
Land has verstatility and longevity that bitcoin simply does not have.