Post
Topic
Board Economics
Re: How can Bitcoin be used as loans for real estate?
by
TheClownSong
on 10/04/2018, 23:46:20 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?

In digital world, I think bitcoin is like gold in real world. Bitcoin is more safe to keep and as investment bitcoin is more profitable than gold. Maybe in the future, bitcoin can be set as bail on the bank