Accepting BitCoin as a Form of Payment for Real Estate
Read an article about a Texas home being sold for bitcoin, and this gave me an idea.
I personally don't buy into bitcoin or any cryptocurrencies, but I see an opportunity of turning crypto into cash instantly.
Sellers can pay a premium for accepting crypto transactions for their listing, but will receive premium price for accepting crypto from buyer.
& Buyers (Crypto Holders) are responsible for volatile currency that will cost a premium but will be instantly converted into cash.
Middle man, in this case a broker/realtor cashes in on premiums from seller before the home is even listed. & additionally with every transaction.
I personally think this idea will work, as many individuals invested into the bitcoin scheme just recently, and now facing severe drops, the smart ones will move to take a loss in order to convert into tangible & stable assets.
Share your thoughts & ideas on this.