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0 sats \ 12 replies \ @79c9095526 29 May \ on: How did you move your savings into Bitcoin? How would you do it now? AskSN
The issue one may face is how to sell meaningful coin in this upcoming bull market. Lets say hypothetically, one is looking to retire and wants to purchase their home to be able to control expenses going forward. They'd like to sell two bitcoin once price is lets say around $200k and they'd prefer to do it w/o using a kyc exchange like coinbase or gemini or strike to avoid reporting/tax issues...
Not sure one can move that much coin on a bisq or robosats type platform though.
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10 sats \ 10 replies \ @klk OP 29 May
Not planning on selling for fiat. That house can be rented or paid for with Bitcoin.
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0 sats \ 1 reply \ @79c9095526 29 May
Can you expound on that? So there is a home for sale that you want to pay for fully (won't be able to get a loan without a job), how do you purchase this home with Bitcoin?
Houses are not available for rent in this particular neighborhood.
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0 sats \ 0 replies \ @klk OP 30 May
#991879
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0 sats \ 7 replies \ @elvismercury 29 May
How can your existing mortgage be paid with bitcoin?
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10 sats \ 6 replies \ @klk OP 29 May
Don't have a mortage. Not interested in one either.
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0 sats \ 5 replies \ @79c9095526 29 May
Ok, so how do you purchase a home (without a mortgage) with bitcoin? The home is for sale for USD. Like 99.9999% of homes in America, they do not accept bitcoin.
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60 sats \ 0 replies \ @klk OP 29 May
That's not really the problem I have now. Anyway, non-KYC Bitcoin is still perfectly legal. You could just sell if for fiat, or look for a house for sale in Bitcoin (there are now, and there will be more in the future). Or rent for life. It's not really tempting to buy something any time soon when you could just stack sats.
At the point it makes sense again to buy something like a house, it will really depend on how “yours” the house will be. In the EU you can't do shit without permission on your “property”. On top of that there's property tax, etc.
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10 sats \ 3 replies \ @elvismercury 29 May
As long as you don't actually want to interact with civilization, or the people who live in it, avoiding filthy fiat and using btc to buy everything is straightforward.
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0 sats \ 0 replies \ @79c9095526 29 May
lol 100%
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0 sats \ 1 reply \ @klk OP 29 May
What if you want to interact with civilization?
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0 sats \ 0 replies \ @96c0b276a3 29 May
Average trade value on Bisq is $1k. Gets up to $2k for ACH. More here: https://habla.news/u/corey@sdbitcoiners.com/1739691441175
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