Quote from: Fiatless on March 24, 2025, 03:33:28 PM

Quote from: Berryfolia on March 24, 2025, 03:01:03 PM

The first person to sell their home for bitcoin already happened in Alberta,Canada who sold his home for the equivalent of $405,000 worth of bitcoin(which was worth much less then),do keep in mind that this was like years ago when 1bitcoin was worth $70,whereas to now 1bitcoin is worth approx.$70,000.If cryptocurrency does not blow up in our face,then i think there would be a cryptocurrency for real estate,but it will be something other than bitcoin and something that a governing body would launch.

Before anyone should consider selling his house to invest in Bitcoin, he should know the risk that is involved. He should have a well designed plan to avoid regrets. It wouldn't be a bad idea to sell property to invest in Bitcoin if the individual has more than one. Real estate is a good investment, so it will be better to diversify investment than to depend only on one asset. The Canadian that sold his property to buy Bitcoin was brave, he deserves all the profits.

Investing bitcoin in real estate is not a bad idea too, like you said diversifying is good considering the fact that real estate appreciates with time.

Another thing to consider is the tax involve. So one should be very careful when diversifying be ready for the risk involve