Post
Topic
Board Altcoin Discussion
Re: Buying property (real estate) with crypto?
by
Abiky
on 12/02/2025, 18:28:15 UTC
I've never heard of Bitcoin being used for payments in real estate and I had never given a thought to why it might not be accepted. I've heard about the acceptance of Bitcoin in Dubai, that it can also be accepted as salaries by workers there, and I think it'll be good for other cities and counties to emulate it. I want to think that in a country where Bitcoin is not banned that it shouldn't be a problem to accept it, after p2p transactions, tax matters can be worked accordingly. The major reason that I can think of is adoption, Bitcoin is volatile and people prefer fiat that is easy to spend

If Dubai is accepting Bitcoin payments for real estate, I wonder if El Salvador is doing the same? After all, it was the first country to adopt Bitcoin as legal tender.

I know the main reason why many realtors are skeptical of crypto is because of market volatility (especially when it comes to altcoins). But with the advent of centralized payment gateways (eg: BitPay, CoinPayments) this shouldn't be much of a problem. Such services will immediately convert crypto to Fiat during the payment process. Give it a few more years, and you'll see crypto being used more throughly as payment method for real estate. Maybe it will take another decade? We'll see...