Post
Topic
Board Bitcoin Discussion
Re: Buying houses with BTC
by
wmaurik
on 23/01/2024, 19:14:40 UTC
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.

Why is it interesting to prove that the aim is only to buy one house unit, because if the aim is only to buy a house, I think it is also not a problem to use fiat as usual if the house is in a country that is not yet crypto friendly. But in countries that are already crypto-friendly, of course this is not a problem and in fact over time it will become very commonplace, although at the moment I have never seen anyone buying a house via NFT in the places around me.

I would actually prefer to buy a house with fiat rather than Bitcoin or other cryptocurrencies because it would make it a little easier for me to continue saving Bitcoin and other cryptocurrencies to use for other things. Because I always prefer to spend fiat first rather than spend Bitcoin or other cryptocurrencies if it is just to buy something I want.