Quote from: kawetsriyanto on March 09, 2025, 09:25:58 PM

Unfortunately, crypto is still not accepted as a payment tool in every country in the world. In my country, it is illegal to pay any goods or services with crypto coins. So, there is no way to purchase Real Estate with Bitcoin or any altcoins. Here, we only have an option that we convert our crypto coins in local exchange to our national currency (Rupiah). Then we can purchase any good or service, including Real Estate.

That is the way it is here in the USA at this time.

Crypto coins are to volatile and the economy requires a stable form of currency for transactions. At the time of the transaction a snapshot is taken of the value of the specific coin, that price is then converted to usd, then sent to escrow for the Real Estate transaction. This causes the conversion company huge liability in case a crash happened at the exact time.

I am excited to see what the future holds and how the market can become more stable for wallet to wallet transactions instead of conversion.

Being in Real Estate, this is one of my main focus points going forward.