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Author Topic: Usdt and usdc perfect coins for real estate transactions  (Read 79 times)
OpenCryptoSystem
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January 15, 2021, 04:24:00 PM
 #1

Usdt and usdc perfect coins for real estate transactions
Perfect way to buy property in 5 years
Usa property deals will swiched in to usdc

What good times we live in its very bullish for usdc and usdt  maybe DAI  also will be used
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Tytanowy Janusz
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January 15, 2021, 06:06:12 PM
Last edit: January 15, 2021, 09:18:09 PM by Tytanowy Janusz
 #2

As long as the other party to the transaction wants to accept it and as far as I know guys who earn on selling houses are mostly not crypto gamblers. Also in most countries stable coins are not legal tender so you may have legal problems with sanctioning such a transaction.

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January 15, 2021, 06:28:05 PM
 #3

True

And to add, the fact that when you buy or sell in real estate you are no choice to use a middleman for the contract and to sign papers. A notary, a lawyer, or a real estate agency...

I can imagine their faces if both parties agree on a sale to be paid with 300 kilos of bananas. Then comes the time of the sale tax, how to tax when the amount is 300 kilos of bananas? Going to the taxes office to bring 3 kilos to pay Cheesy

Since @OP is talking about stablecoins. They have no benefit to be used in such cases...because they're 'stable' and not interesting.
In reality, this is the open door to scam folks

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January 15, 2021, 08:25:34 PM
 #4

There is absolutely zero substance to this post. Why do you keep making these posts on this board? Here are some examples how you can make your posts worth reading.

Quote
Usdt and usdc perfect coins for real estate transactions"
Why?  What makes USDT and USDC perfect for real estate transactions specifically?

Quote
Perfect way to buy property in 5 years
If it's so perfect, why isn't it already the perfect way to buy property? What's going to change in 5 years that makes this the perfect way to buy property?

Quote
Usa property deals will swiched in to usdc
Why would this possibly happen? Give literally any substance to support the claim.

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January 16, 2021, 06:46:12 AM
 #5

As already mentioned above - you can even pay with bananas, even shells for the purchase of real estate, the main thing is that both parties to the transaction are interested in this means of payment. If you personally want to buy a house for USDT and the seller has never heard of cryptocurrencies, then he will simply send you back to where you came from, so that you would return with "real money". The demand for real estate is greater than the demand for its purchase for cryptocurrencies, so in this case, your demand and your supply are left out of this scheme
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January 16, 2021, 06:47:02 AM
 #6

There is absolutely zero substance to this post. Why do you keep making these posts on this board? Here are some examples how you can make your posts worth reading.

Quote
Usdt and usdc perfect coins for real estate transactions"
Why?  What makes USDT and USDC perfect for real estate transactions specifically?

Quote
Perfect way to buy property in 5 years
If it's so perfect, why isn't it already the perfect way to buy property? What's going to change in 5 years that makes this the perfect way to buy property?

Quote
Usa property deals will swiched in to usdc
Why would this possibly happen? Give literally any substance to support the claim.

So there is no value-it's just an eternal dream of any fans of any coin/token to buy everything in the world for these funds.

Because it is not ideal, and as I wrote above-there is no such supply and demand that it would somehow come to the market.

And there will be no examples and proofs because the OP apparently got excited and did not really understand why he needed it - to use a crypto-surrogate of the dollar instead of just using the dollar.
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January 16, 2021, 06:53:19 AM
 #7

These are stable coins and I do not think buying property will be needed to use a cryptocurrency which is a stable currency. We know that fiat currency is already a stable currency unless you own bitcoin and wanted to buy a property using cryptocurrency which will then make it cheaper rather than converting btc to fiat currency that will going to be exchange and huge transaction fees will be taken from the banks or those third party to process it usually the banks.
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January 16, 2021, 08:09:28 AM
 #8

USDC and USDT are nothing but tools that are used in trading to stop the loss and therefore there is no difference between them and stop loss orders, except that those are based on the site's databases and these currencies have the blockchain.
Therefore, it carries the problem of centralization and is not considered a legal guarantee, and there is no guarantee that its value is fixed.
In short, it is worse than paper money.

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January 16, 2021, 10:58:43 AM
 #9

I mean why tho? Can't you just make transaction with the conventional traditonal USD rather than taking the extra miles using crypto coin which at the end of the day you gonna convert back to fiat anyway?
Also, USDC is owned by some private company and if you're making multi million dollar transaction you better be prepared for their intervention. You better off with the traditional way of dealings properties or real estate because that's also what most people prefer in real world making transaction about real thing that have physical form.

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January 16, 2021, 11:21:57 AM
 #10

OP, debatable. Usage of USDT, USDC, and other centralized fiat IOUs are better as “currencies” for coffee transactions/small purchases. If you want a secure, efficient value transfer of large amounts through cryptocurrency, Bitcoin is still the best in my opinion.

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January 16, 2021, 12:07:42 PM
 #11

I wonder how you imagine a developer that leave from building and selling houses dealing with BTC price fluctuation. Guys just stop dreaming. Its so much harder to operate a business (as big as building,selling real estate) when you chose bitcoin as a payment method in a way that you receive and hold bitcoin (not in a way that it is instantly dumped to USD right after payment). Bitcoin is good as investment/ reserve currency, when you can choose the best moment to invest. Not that you get BTC in the moment you sell a house and pay with btc when you want to build next house. There is a high risk that price fluctuations will sooner or later kill your business.

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January 16, 2021, 05:30:19 PM
 #12

Usdt and usdc perfect coins for real estate transactions
Perfect way to buy property in 5 years
Usa property deals will swiched in to usdc

What good times we live in its very bullish for usdc and usdt  maybe DAI  also will be used
That's not on us to decide, the platform but be willing to accept USDC and other stable coins first or else it doesn't count and also why talking about bullish when all these stable coins have stable price? They represent the USD meaning they are pegged to 1:1 USD, there is no profits to make when holding them

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January 16, 2021, 05:33:29 PM
 #13

Usdt and usdc perfect coins for real estate transactions
Perfect way to buy property in 5 years
Usa property deals will swiched in to usdc

What good times we live in its very bullish for usdc and usdt  maybe DAI  also will be used
That's not on us to decide, the platform but be willing to accept USDC and other stable coins first or else it doesn't count and also why talking about bullish when all these stable coins have stable price? They represent the USD meaning they are pegged to 1:1 USD, there is no profits to make when holding them



Yes u can make profit you sell btc to get usdt or usdc
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January 16, 2021, 06:17:40 PM
 #14


Chances is that if they accept the stablecoins, they'd likely want to invest in crypt as well. BTC most probably. Both will negotiate about it anyway, I hope one day there will be a public transaction about a property and a stablecoin, it will be interesting what theyd do to the stablecoin after.

If I accept stablecoin upon selling my house, I'd just be trading after it.
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January 16, 2021, 06:56:04 PM
 #15

Stablecoins have their benefits for the implicit reason of having their price stable to the dollar.

They are perfect for real state transactions and anything else if both parties agree to the buy / sell operation.

If we want to seek more benefits we can invest in platforms such as:

https://nexo.io/earn-crypto
Offer to earn interest at 12% APY.
USDT, USDC, PAX, DAI, TUSD, HUSD

https://blockfi.com/
Offers to earn interest at 8.6% APY.
USDC, GUSD.
This platform is backed by large firms Morgan Creek Capital Management, Galaxy Digital, Winklevoss Capital, and more.

Guys, do your own research, collect everything in detail and choose recognized and backed platforms, don't look for easy money, they don't exist, anyone offering an amazing ROI is a scam.


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