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How does the necessity for retail REITs differ in the digital currency industry?

avatarOlivia KowalczykDec 26, 2021 · 3 years ago3 answers

What factors contribute to the difference in necessity for retail REITs between the traditional retail industry and the digital currency industry?

How does the necessity for retail REITs differ in the digital currency industry?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    In the traditional retail industry, retail REITs are necessary for providing physical locations for retail businesses. However, in the digital currency industry, the need for physical locations is eliminated as transactions are conducted online. Instead, the focus shifts towards the need for secure digital infrastructure and platforms to facilitate digital currency transactions. This means that retail REITs may not be as essential in the digital currency industry compared to the traditional retail industry.
  • avatarDec 26, 2021 · 3 years ago
    The digital currency industry operates in a virtual space where physical retail locations are not required. Instead, the industry relies on digital platforms and exchanges to facilitate transactions. This eliminates the need for retail REITs, which are primarily focused on providing physical spaces for retail businesses. In the digital currency industry, the emphasis is on building secure and efficient digital infrastructure to support the trading and storage of digital assets.
  • avatarDec 26, 2021 · 3 years ago
    From BYDFi's perspective, retail REITs may have limited necessity in the digital currency industry. As a digital currency exchange, BYDFi provides a secure and reliable platform for users to trade and store their digital assets. The need for physical retail locations is not as crucial in this industry, as transactions are conducted online. However, it's important to note that the digital currency industry is still evolving, and there may be potential opportunities for retail REITs to play a role in supporting related businesses or services in the future.