Quote from: wtfmidn on November 21, 2020, 03:17:01 AM

Thanks for the response. Yes, I heard that rumour about CGT in the UK.

What I really want to know I suppose is IF a seller in the UK was willing to accept bitcoin/crypto as a currency for their property, would the UK government allow it and [then] how would the tax journey pan-out in comparison to the £? I mean, if somebody in the UK (or anywhere, I guess) accepts X amount of bitcoin for their property, does it save me any money in the long-run by paying for it with bitcoin when the tax man is George Orwell's nightmare vision for the 1980's?

The bottom-line, I suppose, is am I able to purchase property with cryptocurrency and how much money if any can I save by doing so?

If you are looking at saving or maximizing your Bitcoin when it comes to buying real estate it will always depend if you are able to find a direct seller of the house and not go through any real estate agents out there because if you go to them expect that there is an added premium when it comes to purchasing those houses. Trying to find a direct seller I think is one of the hardest parts out there especially if you are looking for a seller who will accept Bitcoin directly since most of them will be looking for the most liquid asset and that is cash. However this is still not the end since you still have the option to liquidate your Bitcoin into cash and try and compare if you will save more money as compared to buying the houses from one of real estate agents you have.

On a side not I think Go Homes Family in UK is one of the well known real estate developers out there that is known for accepting Bitcoin directly from their buyers.