Post
Topic
Board Bitcoin Discussion
Re: Paying house rent with bitcoin is it appropriate?
by
Reatim
on 27/01/2024, 09:09:14 UTC
Glancing through the article https://cointelegraph.com/news/bitcoin-rent-agreement-argentina-landlord-tenant one would conclude adoption is striving in Argentina. Paying for a house with bitcoin sounds to me a mistake or lack of financial knowledge. Bitcoin is better than Fiat. Bitcoin increases in value and fiat faces inflation. Why then would one spend Bitcoin instead of fiat on a house rent which may expire in few years? Accommodating the Bitcoin can birth the person more money to pay his next house rent. But fiat wouldn't add any interest in the bank. Moreover the house owner will not hold the Bitcoin.


What will happen if all the people in crypto world will act or have that mindset as yours?

what if all people will Keep Holding bitcoin and will never spend a single satoshi? do you think it will serve its purpose?

What do you understand about Bitcoin ? what is its nature?

Never question or tells anyone that spend bitcoin committing mistakes because the truth is they are serving the bitcoin world to circulate and have its true value.

Not because it grows in value meaning you should hold this forever because what is the sense of the most popular buy in the history for paying thousand of bitcoins for just a box of pizza if you will keep holding and not to use as payment your bitcoin?