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Author Topic: How can Bitcoin be used as loans for real estate?  (Read 136 times)
FullMooon
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April 10, 2018, 02:17:02 PM
#21

Loans for real estate are quite different. But what about getting credit through private companies, without government acceptance. You could technically do the same thing that'sbeing done on this forum. Get an escrow, provide collateral and get a credit from a private owner.  Agents can actually get clients by explaining bitcoins to them. These can somehow help them sell estates in the very fastest way and can either earn easily itself.

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April 10, 2018, 02:35:58 PM
#22

Some people argue that something cannot ever be considered as money if you cannot get credit through it, so for example you want to buy real estate and you need a loan, this needs government approval. How can Bitcoin ever reach that point of acceptance by a government if ultimately Bitcoin is disruptive against all states and governments? Or can Bitcoin be money even if it can only be used as a gold substitute?

If legal methods are to be used, it can be used with a perfect system as it is in the banking system. It is not known how many people prefer to use it in the first time, but it is unavoidable that the rate of usage in the future will be high. Of course, you will have to think about the basic factors like exchange rate, interest rate system. I think it is possible if the buyer is required or the government approves the rules in such a way that the seller is not a victim.

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April 10, 2018, 03:07:13 PM
#23

I don't think that this will ever work no matter how much h a government accepts Bitcoins, I mean when we look at it rationally we would be able to realize that fiat is something that's most stable and considering Bitcoins as collateral would be completely wrong to be honest.
It's forever fluctuating .

A collateral needs to have certain charactersticks that is not being met by the bitcoins.

It should be moreorso stable , universally acceptable ( if not universally then it should be acceptable country wide)
It Should hold it's value ! Bitcoins never does , keeping a collateral is no luck by chance thing you need a for sure security thing and that's not something that Bitcoins could reach .
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April 10, 2018, 11:24:38 PM
#24

Its possible loan requirement standards will need to be lowered in the near future to keep demand constant and prevent prices from declining off of a diminishing number of buyers being able to afford real estate. It is possible sellers of real estate could become desperate enough to accept crypto currencies as a form of payment. Crypto has a good market cap and decent liquidity, it could be the logical avenue to tap in case the buying market of real estate significantly declines in a way which threatens peoples businesses and livelihoods.

If not, I would guess there are ways around the standard requirements. Loan requirement standards are falling all the time and government programs to subsidize real estate loans in an effort to keep demand constant have been a priority in the past in order to help bailout our too-big-too-fail banks. So, its possible market forces and fundamentals are in favor of crypto being somewhat supported in real estate transactions leading into the future.

If not "creative financing" for real estate has been on the rise for awhile now. People don't have money to afford real estate or rent and so deals are being made. Bitcoin and crypto could have a place in this, assuming they do not already.

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April 10, 2018, 11:42:00 PM
#25

I don't think that this will ever work no matter how much h a government accepts Bitcoins, I mean when we look at it rationally we would be able to realize that fiat is something that's most stable and considering Bitcoins as collateral would be completely wrong to be honest.
It's forever fluctuating .

A collateral needs to have certain charactersticks that is not being met by the bitcoins.

It should be moreorso stable , universally acceptable ( if not universally then it should be acceptable country wide)
It Should hold it's value ! Bitcoins never does , keeping a collateral is no luck by chance thing you need a for sure security thing and that's not something that Bitcoins could reach .
Government that didn't accepts BTC yet will really not accepts it, and those countries who embraces crypto might not have yet this option since implementation of bitcoin and applications were still under process.

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Gotottack
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April 10, 2018, 11:43:55 PM
#26

Its possible loan requirement standards will need to be lowered in the near future to keep demand constant and prevent prices from declining off of a diminishing number of buyers being able to afford real estate. It is possible sellers of real estate could become desperate enough to accept crypto currencies as a form of payment. Crypto has a good market cap and decent liquidity, it could be the logical avenue to tap in case the buying market of real estate significantly declines in a way which threatens peoples businesses and livelihoods.

If not, I would guess there are ways around the standard requirements. Loan requirement standards are falling all the time and government programs to subsidize real estate loans in an effort to keep demand constant have been a priority in the past in order to help bailout our too-big-too-fail banks. So, its possible market forces and fundamentals are in favor of crypto being somewhat supported in real estate transactions leading into the future.

If not "creative financing" for real estate has been on the rise for awhile now. People don't have money to afford real estate or rent and so deals are being made. Bitcoin and crypto could have a place in this, assuming they do not already.

There is still no point in giving out cryptocurrency loans if there is no one going to accepted in the real world. You can't basically just go on a house for sale and say, "hey I'd like to buy this house, here's 10 Bitcoins." Unless that is already possible then bitcoin loans for purposes of real estate is not feasible at all. I don't think real estate owners are that desperate to trust crypto yet. All of us here on the forum may think otherwise and we completely trust crypto, but that is not true with most people outside this forum.
TheClownSong
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April 10, 2018, 11:46:20 PM
#27

Some people argue that something cannot ever be considered as money if you cannot get credit through it, so for example you want to buy real estate and you need a loan, this needs government approval. How can Bitcoin ever reach that point of acceptance by a government if ultimately Bitcoin is disruptive against all states and governments? Or can Bitcoin be money even if it can only be used as a gold substitute?

In digital world, I think bitcoin is like gold in real world. Bitcoin is more safe to keep and as investment bitcoin is more profitable than gold. Maybe in the future, bitcoin can be set as bail on the bank

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April 10, 2018, 11:59:14 PM
#28

I don't think that this will ever work no matter how much h a government accepts Bitcoins, I mean when we look at it rationally we would be able to realize that fiat is something that's most stable and considering Bitcoins as collateral would be completely wrong to be honest.
It's forever fluctuating .

A collateral needs to have certain charactersticks that is not being met by the bitcoins.

It should be moreorso stable , universally acceptable ( if not universally then it should be acceptable country wide)
It Should hold it's value ! Bitcoins never does , keeping a collateral is no luck by chance thing you need a for sure security thing and that's not something that Bitcoins could reach .
Government that didn't accepts BTC yet will really not accepts it, and those countries who embraces crypto might not have yet this option since implementation of bitcoin and applications were still under process.
It can be possible for now. There are plenty of ICO that been using lending system in real estates but not in the form of bitcoin bit in their own made crypto, better research some real estate coins that can help you with this. Crypto is a good asset now depending on their specific use.


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April 11, 2018, 02:47:50 PM
#29

i think for that first btc should be legalized by government first, and to be a currency to be able to buy real estate, there must be a law that regulates it, because it will certainly relate with bank

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April 13, 2018, 12:28:23 PM
#30

Its possible loan requirement standards will need to be lowered in the near future to keep demand constant and prevent prices from declining off of a diminishing number of buyers being able to afford real estate. It is possible sellers of real estate could become desperate enough to accept crypto currencies as a form of payment. Crypto has a good market cap and decent liquidity, it could be the logical avenue to tap in case the buying market of real estate significantly declines in a way which threatens peoples businesses and livelihoods.

I really don't get it.

If people don't have money to pay a loan how would they have crypto to pay it?
It's the same as saying you don't have 100$ but you have 100 euros.

In February I paid a monthly rate with some funds from my exchange as I was caught off-guard by the lovely spending habits of my wife, but cryptos are basically money, you have BTC you have usd or pounds or dollars too. I doubt somebody would be that keen on holding that it would ignore bills and warnings from the bank while he has the option to sell a few BTC and pay the bill. What difference does it make it's in usd or BTC as long you pay the same amount?




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