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Author Topic: with bitcoin can I get an island?  (Read 1527 times)
faithupgrade
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September 19, 2017, 03:42:50 PM
 #41

Instead of dreaming of having an island. How about buying a bitcoin first? Just incase you got lots of Bitcoin. Instead of purchasing an island, how about creating and hosting your own crypto currency? You will be a billonaire soon just like ETH founder.


are governments really accepting? thank you for answering  Smiley

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Kprawn
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September 19, 2017, 03:50:24 PM
 #42

Governments decision to accept Bitcoin or not, should not stand in your way to buy your island. If you have enough money to

afford to buy a island, the Real estate agents will fall over their feet to find a way for you to do that. Most of them will push

the transaction through payment processors and they will only see the fiat cash.

https://www.cnbc.com/2017/09/05/dubai-real-estate-project-first-to-be-priced-in-bitcoin-michelle-mone.html

" A 250 million pound ($325 million) luxury development has been launched in Dubai — and the people behind it don't mind if you pay in bitcoin. "

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September 19, 2017, 03:59:31 PM
 #43

I never know if there is a country that wants to sell a small island, and pay using bitcoin. if that's true it will be the bitcoiner will buy it. and that will be good news.
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September 19, 2017, 06:06:56 PM
 #44

Of course you can. Back in the day there was a whole island in Micronesia up for sale.




Now there are many equally interesting places to choose from.
For instance this one https://www.bitpremier.com/5-real-estate/442-32-hectares-13-of-island-southwest-lombok
Brother, I'd take an island with half the acreage of the one shown here.  Islands
are even better than bunkers in case SHTF, which it no doubt will.  I'm stocking up on
canned goods, seeds, silver coins, and good reading material for that day.  But I think zombies
can still make their way to an island if I'm not mistaken.  Saw it on The Walking Dead.

Seriously, buying property with crypto is a fine idea.  I'd like to see more of it done.

It depends if they are the zombies from dawn of the dead series. I remember those zombies were walking under water and able to cross rivers and such.

In case of SHTF, I'df be scared of people knowing that the island is full of goods and building boats and rafts to assault you at night. Hungry people are like animals. Worse than zombies, because they are smarter, faster, and can shoot guns Wink
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September 19, 2017, 06:17:02 PM
 #45

Of course you can. Back in the day there was a whole island in Micronesia up for sale.




Now there are many equally interesting places to choose from.
For instance this one https://www.bitpremier.com/5-real-estate/442-32-hectares-13-of-island-southwest-lombok



I think this will prohibit. I never heard of it here. lombok is a part of our country. no sale of an island, in indonesia not allowed to sell an island. even if there are foreign nationals, they just hire no more than that. if any of these violations will become criminal.
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September 20, 2017, 05:11:46 PM
 #46

Yes, you can bye an island with bitcoin. Only you need to search the ones that are for sale and accept bitcoin, because not every country accept bitcoin.
Eternu
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September 20, 2017, 05:16:51 PM
 #47

I think that could be possible, yes. But for you to buy an island with bitcoins, first somethings needs to be possible. There should be a government which possess island, and accept bitcoin as way of paying. Second you need to have enough bitcoins. If that requirements at meet, it should be no problem for a person to buy an island. I must say that, that would be a thing to see or read about. Cheesy
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September 21, 2017, 09:11:33 AM
 #48

Of course you can. Back in the day there was a whole island in Micronesia up for sale.




Now there are many equally interesting places to choose from.
For instance this one https://www.bitpremier.com/5-real-estate/442-32-hectares-13-of-island-southwest-lombok



I think this will prohibit. I never heard of it here. lombok is a part of our country. no sale of an island, in indonesia not allowed to sell an island. even if there are foreign nationals, they just hire no more than that. if any of these violations will become criminal.

You should carefully read the ad. They aren't selling the whole island, but a large part of it. Somebody owns land there and is selling it, just like they would sell land on the mainland. About half of the island belongs to someone else, and we can see that it's used for agriculture.
It's still a beautiful region. If I had enough money I'd buy it and build a watchtower in the middle of it and rent out rooms with a 360 degree view of the island Cheesy

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September 21, 2017, 09:15:51 AM
 #49

 Shocked An Island , maybe yes in future , but if you have 10.000 bitcoin in your wallet , can you imagine how much it , i wanna sleep to imagine that , hahahaha Cheesy

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September 21, 2017, 02:30:34 PM
 #50

There should be a government which possess island, and accept bitcoin as way of paying.

There is no government that accepts bitcoins.
And frankly speaking there is no government that sells an island as it's not the government doing financial transactions but the financial entity of that country. Separation of powers, only a few countries are still communist dictatorships.

Besides, they will never take bitcoin even if they would make it legal tender.
For example you can by a car in Poland or Bulgaria with euros but you will never be able to pay your taxes with euros.
By law all transactions done by the authorities must be done in the national currency, they will never accept a foreign one.
Even if it is pegged to a foreign one, like the Bulgarian leva to the euro.


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September 25, 2017, 03:25:35 AM
 #51



are governments really accepting? thank you for answering  Smiley
Yes if you have a lot of bitcoin maybe you will buy or get and island but for me i dont want to buy island i want to buy big house ,car and and i want to help all people and i want to help my family if i'll became rich like others becuase of bitcoin.
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September 25, 2017, 07:31:34 AM
 #52



are governments really accepting? thank you for answering  Smiley
Of course you can get it, it all depends on the money you have. Let's try to dream higher, not only small island, even big island can you get if have money.
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September 25, 2017, 08:29:46 AM
 #53

I don't know if there is an island that is up for sale and accepts bitcoin as a payment but you can buy island if you have a lot of bitcoin but first you have to convert it into fiat before purchasing the island you are dreaming of.
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September 25, 2017, 09:12:25 AM
 #54

Anything we can buy include island, if someday bitcoin prices reach $ 1 million then easy for those who have bitcoin buy bitcoin, it all depends on us and the opportunity is there if we do not delay the bitcoin investment.

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nappoleon
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September 25, 2017, 09:49:31 AM
 #55

I don't think so that you would do settlements with bitcoin, maybe you would need to convert into their currency first then you can buy. But it's not impossible to actually settle with it when the other party agrees with it.

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September 25, 2017, 11:12:30 AM
Last edit: September 25, 2017, 11:27:41 AM by Dilladupak
 #56

buying the island requires a very large transaction, then i will see the higher btc price again to get more btc .agar can do transact using bitcoin in trade. if i think i to get the island, in my meaning and you have to work hard to get the island with transactions using btc. i think long-duration you will be able to get it

let alone you are lazy to work hard in this forum, and more difficult you will get it what is your goal to get an island😀😀😀
and you if you want to get an island by trading transactions and by doing tranding in bitcoin in forums that are easier on poloniex or in butrexx it is very fast get profit every day, so you faster to get btc more and more can for get an island .. that's what I think it can.
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September 25, 2017, 12:33:13 PM
 #57



are governments really accepting? thank you for answering  Smiley
Having your own island needs a huge amount of bitcoin. which means its not a joke amount to have an island as your assets.  And for most of the time Island most often sell by the officials of the government if I am not mistaken.
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September 25, 2017, 12:33:27 PM
 #58

lol Cheesy it depend on how many bitcoin you have
If you have enough bitcoin you can buy all, also an island
Imagine to have 100k bitcoin Smiley
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September 25, 2017, 01:07:14 PM
Last edit: September 25, 2017, 01:19:32 PM by salihno71
 #59



are governments really accepting? thank you for answering  Smiley

Sure you can. Check this https://www.privateislandsonline.com/ But you have to satisfy few points:
1. you need to have enough bitcoins. Even the small island costs a fortune. And it's not guaranteed that you can build anything on it.
2. if you have enough bitcoins, you need to figure out what is the best way to convert them to eur/usd. It's not a problem to sell 1 btc but to sell 5000 is a different story. Plus you have to count on the fees and taxes you need to pay.
3. this i never really knew how it goes, but my guess is that with such amount of btc you would need some kind of proof where you got them.
4. There are costs of maintaining the island. Taxes and whatnot.

Greece is interesting since it's really nice country and with financial turmoil in the past few years there are a lot of islands on the market since they changed taxing policy and it's quite expensive to own one so many owners decided to sell.
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September 25, 2017, 01:16:56 PM
 #60

Bitcoin=money= fiat currency  i mean. its the same thing.
I dont know if they will accept BTC but they will surely accept money, Just get them exchanged for the currency in the country you are buying and you are good to go.
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