Is there any service that can accomplish paying your mortgage with bitcoin? Thinking it would be great if there was a service where you could send your bitcoins and that service would make a check payable to the person or business of your choice. This would allow people to pay for utility bills, mortgages, and the things that you have to pay every month... I would have no problem taking paying a 3% fee for this.
I was hoping something like this existed already, if not someone could create this very easily and make money.
1> Create webpage, allow users to checkout using BitPay. (Add 2-3% charge)
2> The dollars will be deposited into your bank account
3> Send out check payments based on the input from the user. This can all be completely automated.
4> Profit! : Just imagine earning 2-3% off of everyone's payments..
The reason why this would be a great service is due to the tax issues. Using this route would allow users to skip capital gains taxes! All the profits I've made off the BTC rise, I can directly put toward my mortgage and pay it down considerably. If I was to cash out the bitcoins then pay my mortgage, I would have to pay taxes on those first!
Thanks! Hope there is a service out there or someone creates it!
