Post
Topic
Board Economics
Re: How can Bitcoin be used as loans for real estate?
by
rerek007
on 25/01/2018, 05:21:43 UTC
Some people argue that something cannot ever be considered as money if you cannot get credit through it, so for example you want to buy real estate and you need a loan, this needs government approval. How can Bitcoin ever reach that point of acceptance by a government if ultimately Bitcoin is disruptive against all states and governments? Or can Bitcoin be money even if it can only be used as a gold substitute?
You can loan your bitcoin in real state because bitcoin is like your investing wallet its like a ATM card or bank accounts