Post
Topic
Board Bitcoin Discussion
Re: Paying house rent with bitcoin is it appropriate?
by
Gormicsta
on 03/02/2024, 19:44:29 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.



I don't see anything wrong with using Bitcoin to pay up your house rent, buying a house or what have you, I mean the future of Bitcoin is general adoption, using bitcoin to pay for anything, starting from a cup of coffee in a cafe to buying bus and plane tickets. If you see using Bitcoin to pay for rent then that means you can't afford to see Bitcoin being generally adopted as day to day payment method which is actually the goal and vision.