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Good question. I use a resident I know there to find me tenants. For years I have told her to offer prospective tenants a discount with bitcoin. The conversation was always awkward. She obviously thought I was nuts. This time, the tenant uses cash app all the time, so he sees the bitcoin option on the app constantly and thought it was normal. Usually I deal with people who pay with venmo or zelle.
Someone told me cash app is only for sketchy people and/or transactions. I was unaware of this stigma.
Yes. There is a big stigma, or at least there was. I don't know why. It's no different than venmo, so far as I can tell.
I don't know why, either. It requires KYC just like Venmo, so I don't see why it's different. Maybe it didn't used to?
I think it was always KYC. I remember the stigma going way back. I have to be honest. Before I retired, and before I got into bitcoin, I got cash app because all of my criminal clients used it. None of them had venmo like me.
Hah! Another data point
good question
Great job! Did your tenant act like you were making a weird request, or were they totally normal with it?