Bitcoin Forum

Do anyone here already bought or pay their mortgage using bitcoin or ETH? How did you do it?

As far as I know, paying mortgages using bitcoin is still not possible.  There are some rental platforms in US that are planning to offer such service. They are in talks with the American Apartment Owners Association.

In some countries, people are doing daily markets using bitcoin, so paying the rent of the house would be something easier than that. But if you know the certain persons who had given it you just have to wait for someone to answer.

I think this really depends on the country you're living in and how their economy is adopting cryptocurrency in some ways or not at all. Some countries haven't legitimized cryptocurrency but hasn't banned it either so some business who do understand the potential of cryptocurrency know they can accept it as payment due to the value. With time the numbers will increase of how many people can use cryptocurrency for their day to day uses.

I have not heard anything like this yet but i think with the current stability and low volatility may be more payment solution providers and banks will look to accept btc and eth as the mode of payment for mortgages.

I have never done that and I have not hear about anyone who has used digital currency for mortgage payment because crypto has not gained that much prominence in this part of the world but maybe after a while the tide of things will change here and crypto will be fully accepted for utilities and mortgage

Nope not yet there. At least not that level of adoption where I am

Exactly with crypto is not available in my city, but some people already mentioned that they are paying by using bitcoin for their apartments, for me personally it's really usefull because it is another way to pay for house

Personally I did that during those days I was earning great with bitcoin. That provided me enough money to pay the monthly bills I had, but for now my main job as a private company worker did all of that due down market. Not all the time it will suffice your needs, sometime you need buffers to hand over those finances.

I have paid my monthly bill through use bitcoin, i just tried the latest apps from crypterium and it's all working and it can be used to transfer your bitcoin to the bank account directly, so many beta tester have tested it and they are sending a little amount of bitcoin to their bitcoin through IBAN. It seems interesting for me.

I think this really depends on the country you're living in and how their economy is adopting cryptocurrency in some ways or not at all. Some countries haven't legitimized cryptocurrency but hasn't banned it either so some business who do understand the potential of cryptocurrency know they can accept it as payment due to the value. With time the numbers will increase of how many people can use cryptocurrency for their day to day uses.

I know Australians can pay for utilities with Bitcoin, Ripple, and other altcoins. Bitcoin is automatically converted to Fiat. I think it's not bad, but the real breakthrough will be when the price tags are fixed in the cryptocurrency  8), but while it is so volatile, it is unprofitable.This can bring both profit and losses.

I have paid my utility bills by both Bitcoin and Ethereum. They are a life saver. Wished more people would understand the ease of using these coins so that is is adopted in all spheres of businesses.

This kind of option is still not available in our country. But many of my friends living in different countries paid utility bills using bitcoin and ethereum. They say that it is very convenient nad made their life little bit easier.

i do not think so if you find anyone who has paid their mortgages through bitcoin. Btw are you aware of the fact that mortgages allow cryptos anywhere? Mortgages involves banks most of the cases and crypto and banks live on the polar opposites.

In my country it's still not possible to do this kind of activity. But I am really interested to see how this works.

I think that until now there are no home property companies in any country that accept bitcoin or ethereum as their payment instruments. because prices that tend to be unstable make people still hesitant to implement this. but if talking about the use of bitcoin for other things such as daily necessities, many companies have implemented it. just enjoy the process that is happening now while continuing to support the developments in the cryptocurrency industry.

Such payments are not yet possible in my country (Russia), and this requires legislative regulation and authorization from the financial authorities. But the topic is very interesting, we are waiting for decisions at the state level for the development of this area.

I haven't done that directly.

What I did was I sold my bitcoin and eth to cash so I can pay most of it. But if its about utility bills, I'm paying it directly with bitcoin through an exchanger.

I have not come across any where bitcoin and crypto currency are used for bills
But Australia is rumored to have started and I’m sure other nations will follow suit

Once crypto currency can attain a considerable price range
It would be fully accepted

I want to buy or pay a monthly bill for home using BTC or ETH, but at the moment not many accept crypto as payment
However, there are several bill that I pay using Bitcoin, ie; electricity bills and quota for acces the internet

Worrying about stuffs as this is why every newbie and nervous person would panic
Stop worrying about what bitcoin has not done

Instead reminiscing about the achievements positivity and growth of bitcoin is more valuable for us

Focus on the growth and development at stage
Thanks

I think that we will not soon begin to receive loans in cryptocurrency, including mortgages

I haven't done it yet. But I think in the near future people will start using it. And I think it will be much easier and more convenient.

Here in my country we used our bitcoin and eth to pay bills like water, electrical and phone bills, or sending money to our friends and relatives thanks to our coins.ph for providing this services to us, its really a big help.

It would be very cool if it became possible in our country, but I don't think it will happen very soon. I heard that in Australia it's possible to pay for utilities not only with Bitcoin, but also with many other altcoins. However, the payment will be converted to Fiat at the time of payment. That is, utilities won't accept cryptocurrency directly, but through an intermediary, but it's still a big step, to which our country is still very very far away.

Bitcoin or etherum or any other crypto currency though very helpful but still are decentralised crypto currencies in almost all part of the world and therefore their use apart from investment is very rare and all around the world millions of people getting the advantage of crypto through its investment method and other uses of bitcoin or any other crypto currency like paying mortgage of your house or making any other transactions is only possible in those nations who has legalised crypto transactions in their country like japan 🇯🇵, South Korea 🇰🇷 etc

I haven't done it because my tenants are older people who would find it extremely difficult to enter this world, so I don't want to add any more complications to their lives, but I imagine that some method of payment will be used that directs those types of payments to the services you need, such as a company that serves as a contact between the payers and providers.

Those people who came to the crypto market at least in 2016, they have long earned to buy their real estate and car.

No, I did not. And I haven't seen anyone who did it successfully. Because it is not possible yet, Bitcoin still not using as a vital payment method in every section, rather only a very few shops or sector accepts bitcoin as a payment.

In my country, cryptocurrency like bitcoin or altcoin forbid for payment and no one merchant accept crypto. If we can pay our bill using crypto, i am believe it will be fun and i hope it happen in near future

I don’t think there is anyone who is paying his monthly house payment by using bitcoin and if there is someone then I would like to know as far as I know bitcoin and other crypto currencies too are decentralised one and thus there is no such proper authentic regulating body over them and thus leading to its illegal use and thus most of the countries are in against of it and are not allowing its transactions in their nation and so no one can still pay any kind of taxes using crypto but this can only happen in those few nation who has legalised crypto transactions in their nation like in Japan 🇯🇵,South Korea.

I think if you're land lord/lady is also a crypto enthusiast, you can do so. However, I think no one is accepting crypto as payment for monthly rent. I pay my monthly rent using crypto, but I will have to convert my crypto to fiat first.

I don't think it's still possible to do it, maybe only on a private agreement basis but who could take this kind of risk right now?

That's sound new and I would like to have that kind of service here in our country, actually, there is a risk and a good profit involve if the coins price drop you could be paying less than what you lend for if there is service of this kind I want to know if they are making profit doing it.