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Re: Buying a house with 100% Bitcoin is possible in Portugal
by
jostorres
on 14/05/2023, 20:51:22 UTC
⭐ Merited by joker_josue (1)
We can not only use Bitcoin as an investment platform but we can also use Bitcoin for other purposes or transactions.  Two gentlemen from Portugal have proved that large transactions are possible with Bitcoin. Bitcoin is not the only digital currency now but Bitcoin has been announced as an alternative currency of a country. 

A few days ago, El Salvador added a new currency in addition to the currency of their country, the US dollar, that currency is Bitcoin. And they have the facility to transact directly through Bitcoin to purchase various things in their country. That is, if we consider all these things, we can understand how much the popularity of Bitcoin is increasing day by day.
Bitcoin was never meant to be an investment asset, it was created to be a currency that will be an alternative to traditional currencies and provide decentralization to its users unlike the fiat currencies which are centralized and are in total control of traditional financial institutions for centuries and nothing has ever changed.

Large transactions are of course possible using Bitcoin but it is only a matter of allowance and acceptance within the country where you and the seller live in. Portugal seems to be pretty friendly so far with cryptocurrency deals, and I hope that it continues to be that way.