Bitcoin as payment for private property

[Methos]

Btc is really king of crypto currencies and many are accepting btc as a payment in their transaction. What if someday someone that has bitcoin come to you and offer his/her one btc in exchange for your house and lot,  or any kind of private property, will you going to accept it as payment?

Me personally I will not,house and lot never lose the value but it increase yearly depends on the development of your place. And aside from this there are many groups out there wanted to overthrown btc and I had a feeling that this may come not although not today or  but maybe after 10years from now.

How about you will you going to take risk your private property, let's 1 or 2 bitcoin for 1 hectare?

[Raboni]

Currently bitcoin price looks bad. This is not the time to sell or pay bills by bitcoin. If we do bitcoin as payment for private property then it will not our gain but it will be our lost. We all know bitcoin can hit the moon sooner or later.

[aiviaa485]

I think it's too dangerous.
That property is your asset for your old age.

Do not use your assets as you like, even though FIAT is also not allowed to be sold, what else is cryptocurrency with volatile prices.

[Garuda]

To be honest, I will never accept bitcoin payments for property that I have. The value of bitcoin is unstable, up and down quickly. So I was thinking of holding back the property I had. Because property is more potential to be used as a long-term investment. Their value will be higher each year, it can't go down.

[Garuda]

The value of bitcoin is very volatile so it is very difficult to predict whether bitcoin will continue to exist in the future. I personally will not accept bitcoin as a property payment tool because it is very risky. Especially at this time the price of bitcoin is falling.

[sugarchrisp]

My only concern with these types of transactions is people avoiding paying taxes on things.  Taxes are an important facet of society and many things wouldn't function otherwise.

If people want to trade bitcoin for property, that doesn't seem like a bad arrangement for either party.  You claim housing and land prices continuously rise, but that's not true.  They may rise over a long period of time but it's never guaranteed.  Remember the housing bubble burst in 2008?  Housing prices tanked for years after that, we've only now just recovered back to where we were in the past couple years.  On top of all that, your area could become worthless as well, such as the rust belt area of the united states.  All the manufacturing jobs left the area and now people's property values plummeted because there's limited employment out there, and what employment options there even are are usually just shitty customer service jobs.  Housing prices can fall too, in the right circumstances, so don't expect just because you own land or a home that it'll always rise in value, nothing is certain in this world.

[rizqillah]

Btc is really king of crypto currencies and many are accepting btc as a payment in their transaction. What if someday someone that has bitcoin come to you and offer his/her one btc in exchange for your house and lot,  or any kind of private property, will you going to accept it as payment?

Me personally I will not,house and lot never lose the value but it increase yearly depends on the development of your place. And aside from this there are many groups out there wanted to overthrown btc and I had a feeling that this may come not although not today or  but maybe after 10years from now.

How about you will you going to take risk your private property, let's 1 or 2 bitcoin for 1 hectare?

I think at the coming future , when bitcoin is more stable , It will happen. Bitcoin as payment for private property.

[dominoes]

Land value will increase. Bitcoin value will increase more enough than land. I think it is depends on our situation because expectations is different from reality. Taking the risk is not bad rather it will give us another learnings.

[bitpation]

"I will not give up my property like a house to be exchanged by someone else using Bitcoin. Because I'm still not sure about Bitcoin. Bitcoin is now very dynamic, prices cannot be predicted specifically and accurately. Moreover, property prices in each year will always rise. What is clear is that nothing will happen to me.
"

[JasmineRose]

Bitcoin is private payment plus global payment. We can use for private and we can use for global or community

[Doctor]

Btc is really king of crypto currencies and many are accepting btc as a payment in their transaction. What if someday someone that has bitcoin come to you and offer his/her one btc in exchange for your house and lot,  or any kind of private property, will you going to accept it as payment?

Me personally I will not,house and lot never lose the value but it increase yearly depends on the development of your place. And aside from this there are many groups out there wanted to overthrown btc and I had a feeling that this may come not although not today or  but maybe after 10years from now.

How about you will you going to take risk your private property, let's 1 or 2 bitcoin for 1 hectare?

I dont agree about that. Bitcoin is high volatile. So Bitcoin cannot as payment for private property. maybe at the coming future it will happen.

[elbans89]

Btc is really king of crypto currencies and many are accepting btc as a payment in their transaction. What if someday someone that has bitcoin come to you and offer his/her one btc in exchange for your house and lot,  or any kind of private property, will you going to accept it as payment?

Me personally I will not,house and lot never lose the value but it increase yearly depends on the development of your place. And aside from this there are many groups out there wanted to overthrown btc and I had a feeling that this may come not although not today or  but maybe after 10years from now.

How about you will you going to take risk your private property, let's 1 or 2 bitcoin for 1 hectare?

I think It is good thing. Bitcoin as payment for private property. Maybe at the future It will happen.

[pacar_tiri]

Btc is really king of crypto currencies and many are accepting btc as a payment in their transaction. What if someday someone that has bitcoin come to you and offer his/her one btc in exchange for your house and lot,  or any kind of private property, will you going to accept it as payment?

Me personally I will not,house and lot never lose the value but it increase yearly depends on the development of your place. And aside from this there are many groups out there wanted to overthrown btc and I had a feeling that this may come not although not today or  but maybe after 10years from now.

How about you will you going to take risk your private property, let's 1 or 2 bitcoin for 1 hectare?

Yes It will happen, Bitcoin as payment property and investment. I think It will happen at the coming year. Believe it.

[bityndye]

Btc is really king of crypto currencies and many are accepting btc as a payment in their transaction. What if someday someone that has bitcoin come to you and offer his/her one btc in exchange for your house and lot,  or any kind of private property, will you going to accept it as payment?

Me personally I will not,house and lot never lose the value but it increase yearly depends on the development of your place. And aside from this there are many groups out there wanted to overthrown btc and I had a feeling that this may come not although not today or  but maybe after 10years from now.

How about you will you going to take risk your private property, let's 1 or 2 bitcoin for 1 hectare?

I would accept and then I wouldn't just let my bitcoin sit in there waiting for the price to increase but I will use it to trade because I would have a higher chance of having more bitcoin when I trade it. It may not be looking good for now judging by how the market works wherein it is very volatile but still if I would do it every day then I would eventually have a trading strategy that would help me in having profits.

[nufika89]

@garuda, but in my opinion the value of bitcoin will also be high later. I am sure that after bitcoin becomes scarce, its value will be even higher than now. But when compared to property, of course I would agree if property is a safer investment.