What are the main platforms for buying real estate solely with bitcoin?
Discussion
Serious question: why?
Wouldn’t you rather take a fiat loan?
I’m exploring some business ideas! Personally I’d definitely use fiat. But I think in the future, people will begin selling their real estate for the superior asset (BTC) …
The economics of it don’t make sense when fiat loan is so much cheaper. Who’d be dumb enough to spend their bitcoin on an inferior asset 😂
Hmmm yeah maybe. Where I live (Ireland) people want to own houses, it’s culturally engrained. And people are not always rational. My thesis is as follows : most (99%) of people do not understand BTC, as that moves to 50% I think people who store wealth in land/houses will take an out & start selling for BTC over EURO and there will be buyers. Those buyers will get incredible value, houses for a few million sats. Just thinking out loud - what do you think? Pole holes etc 😄
Maybe but doubtful. It’s basic math. You have a mortgage with 6% interest rate and something that grows at least 40% annually. It makes no sense to sell the thin that is going well when you can just borrow that thing which is losing value. 🤷♂️
But I don’t know.. maybe there are idiots out there.
Yeah you’re right, it doesn’t make sense now. But, will the environment stay like that with cheap fiat loans in next 10 years? Like I wonder how fiat loans will work as the whole system changes, and everything repriced in BTC. I need to study more to understand this 😂
especially since the biggest demographic with the most - boomers - that r letting go. they can't maintain!
💯💯💯the boomers have everything, what are they going to do to pass wealth onto their kids - fire salenostr:npub1r0rs5q2gk0e3dk3nlc7gnu378ec6cnlenqp8a3cjhyzu6f8k5sgs4sq9ac assets for BTC
“Fire sale assets for BTC” Fucked up the tag to nostr:npub1r0rs5q2gk0e3dk3nlc7gnu378ec6cnlenqp8a3cjhyzu6f8k5sgs4sq9ac apologies 😂
I don’t understand what you mean
Basically I think people will sell BTC for assets in the real-world, and these sellers of BTC (buyers of the physical-world assets) will get incredible ”fire-sale“ value as the penny drops for those physical asset-owners; nothing stores value like BTC.
This to me just reinforces the borrowing of fiat to finance real estate. But… don’t let me stop ya. Like I said, plenty of idiots out there 😂
I’m thinking through this trying to understand/ imagine the next 10 years… I’m not sure I’d call somebody an idiot who gets a house debt-free for his family to live in with some BTC. That way his family has a home for generations (something very valuable in that), no longer rents shelter, and can save in BTC. Or am I missing something obvious…
don't let the name calling sway U fren! it seems that agendas r prevalent everywhere
nostr:npub1r0rs5q2gk0e3dk3nlc7gnu378ec6cnlenqp8a3cjhyzu6f8k5sgs4sq9ac is a good one and not mean-spirited 😄 just a friendly debate, interesting to think through ! Thanks guys. The question also remains! Is there a platform?😂
I can’t think of any more proof than 6% 40% trade-off for calling someone an idiot 🤷♂️
Not every Bitcoin HODLer that can buy a home with BTC either wants or is able to get a fiat loan.
Fiat debt on paper, right now, like Saylor has with $MSTR seems like a good idea, but so was leveraged real estate debt until 2008.
Not all of us want to repeat the mistakes made throughout history.
Land (not property) is the ultimate generational wealth.
Bitcoin technology will change / evolve / disappear over generations. Land will not.
Land is subject to law and laws change on the whim of politicians.
True, but only in countries.
And only until we separate money from the state with Bitcoin.
And identity from state with NOSTR.
In the mean time:
Buy an Island today.
For future generations, buy a planet.
The last time I checked, the world was completely divided "only into countries".
Also, not land or gold or bitcoin are the assets. The *ability to own them* is what makes them valuable.
Bitcoin comes with real ownership pre-installed but land... Owning land depends on so many things we common peasants can't control.
If you're Bill Gates, feel free to invest in land without hesitation, but otherwise I'd recommend thinking long and hard about it.
https://en.wikipedia.org/wiki/Necker_Island_(British_Virgin_Islands)
https://www.privateislandsonline.com/
We are Bitcoiners, the common peasants are nocoiners, they just don't know it yet and we haven't finished our journey yet.
I don't disagree with any statements about Bitcoin, but I'm just thinking beyond it, as I did in the 1980's when faxes were a thing.
Also, we are the next evolution of Bill Gates.
Don't underestimate how much and how quickly the world is changing.
I like and share that sentiment. I also think that the world is changing fast and that bitcoin will play a central role in that. But I also think some things will stay the same. Violence and power dynamics will remain a thing. Do not underestimate that constant.
Hey James. Oh you’re thinking? Is that why it’s smelling burnt?!
😭🤣😁😭😭
King & Country
Who’s the instigator of those lands of dreams?
Not the royals?!
I wanna know what you need is.
Also , People do not think in spread sheets. The human comfort of owning your own home and not being indebted to anyone is very difficult to put a price on..
In an ideal world I would just select the house I want overseas, send bitcoin into multisig escrow thingy, get title deeds, and complete. Just like using Bisq but with added steps for the digital title deed stamping part.
And nobody would care when I got those bitcoin, or at what price I bought and disposed - and the KYC was only for the purpose of land registry.
Dreeeeam, dream dream dream...
This would be amazing! Believe