pull down to refresh
10 sats \ 10 replies \ @klk OP 29 May \ parent \ on: How did you move your savings into Bitcoin? How would you do it now? AskSN
Not planning on selling for fiat. That house can be rented or paid for with Bitcoin.
How can your existing mortgage be paid with bitcoin?
reply
reply
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.
reply
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.
reply
reply
Compromise. Pick your fights.
lol 100%
reply
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.
reply
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.