Post
Topic
Board Economics
Re: How can Bitcoin be used as loans for real estate?
by
Jeremiesaranza
on 29/01/2018, 04:46:18 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 use bitcoin  for loan for estate because bitcoin is a cashless currency it's like your bank account or your ATM card that you can pay anything with the power of bitcoin