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.
If a country is crypto-friendly, one can buy a house with Bitcoin and others can sell it. But it will not be possible if it is not supported by the government of the country. If this sale were to happen in El Salvador, I think President Naib Bulik would accept it, but no other country's government would be in favor of it. Payments through crypto will first have to determine how the government can get their revenue.
Bitcoin is not legalized by the government in my country I can't buy anything with it and if I am involved in any such issue I will be prosecuted. Even if not now but we will see such payment system in future.