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.
I don't think in mutual agreement there would be any major problem in buying property in exchange of bitcoin, only problem I see here is the problem with registration of this property generally in such cases of property transfers the consideration that is involved is fiat and which is noted in the records and is also used to calculate various taxes and duties, if we are saying that bitcoin will be used for the exchange you will have to note this thing as consideration but how much is the legal validity of bitcoin as a consideration this is a really big question in itself.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.