Are you able to buy a property with Bitcoin yet?
Im mainly looking to buy in Asia, Thailand, and Vietnam region.
Can I buy directly with a Bitcoin transaction or would this need to be converted into FIAT at some point?
There are real estate websites for buying property in Crypto but Im not sure how they facilitate that.
Perhaps they take the BTC then send the fiat themself and act as an escrow.
Would love the Bitcoin Talk opinions on this.
Im mainly looking to buy in Asia, Thailand, and Vietnam region.
Can I buy directly with a Bitcoin transaction or would this need to be converted into FIAT at some point?
There are real estate websites for buying property in Crypto but Im not sure how they facilitate that.
Perhaps they take the BTC then send the fiat themself and act as an escrow.
Would love the Bitcoin Talk opinions on this.
Honestly, I am not sure. My country does not forbid it. But I have yet to meet someone who bought their house with Bitcoin here.
A lot of country's governments are very against the idea of letting people do as they want with their newfound financial freedom of having Bitcoin. This is why selling and buying with Bitcoin is becoming increasingly hard in those countries.
I do not understand the governments issues with understanding Bitcoin. If they accepted Bitcoin as payment for taxes then perhaps they would be more relaxed with the idea. Perhaps they fear people dodging tax responsibilities with Bitcoin? Seems unlikely they can do anything to stop money laundering with Bitcoin but to be honest it is easier to launder with cash.