Post
Topic
Board Economics
Re: Trade house for 1 bitcoin
by
ObscureBean
on 15/10/2016, 07:09:21 UTC
How long until we can trade a house for a single bitcoin??

1 year, 2 years, 3 years?? What do you think about it?

I suppose it would depend on the country and how you define 'house' but even then I think you're being overly optimistic with your timeframe options. I don't have a clue how much the cheapest house would cost in the poorest country or some isolated rural location in developed countries but I think it should be reasonably safe to assume it can't be less than $5,000(?). And I'm not sure if we can reach $5,000 by 2020. Maybe more like 5 - 20 years if I were to guess.