I have recently watched a video where the guy says that it is safer to buy a house with BTC (and other cryptocurrencies) than buying through one real estate agent. If I remember correctly, he says that it can be proven through a NFT.
That sounds cool, but what about all the regulations and laws of the government? I mean, won't they charge their share? Won't it be possible to get a fine for using crypto instead of FIAT?
I know there are already countries that are "crypto-friendly", but it seems to be interesting to prove your house purchase through an NFT.
Any link to the video?
The idea that buying a house with BTC is safer seems like BS to me. Are fiat transactions unsafe or something?
What can be proven via NFT? The act of purchasing property and paying via BTC? Is this a joke? The purchase can be proven via a property certificate. NFTs aren't accepted by any government around the world as a proof of a real estate purchase. The guy you have watched is talking nothing but BS. Real estate agents cannot be replaced by crypto or a blockchain technology.
I don't know about getting a fine for using crypto instead of fiat. Some countries might allow crypto payments for real estate, while others wouldn't allow it.