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RE: Now in Ireland, you can pay bitcoins for real estate

in #cryptocurrency7 years ago

Interesting prospect, no doubt. How would it work in today's market though when factoring in the volatility of Bitcoin and also the usual volatility of the housing market?

If Bitcoin goes on any sort of run it is the seller who gains by virtue of the fact that they hold the value.

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I think volatility of bitcoin is the main restraining factor of popularization bitcoin as a payment method, but cryptomarket is too young lets see what happens)

Agree completely. Ironically it is the pulling factor for investors that restricts its ability to be adopted.

Very much a watch this space piece.