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Author Topic: Tenants to pay rent with bitcoin  (Read 788 times)
MrcMrc
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April 29, 2021, 03:37:55 PM
 #101

Your advice is excellent as it encourages public usage of Bitcoin as a mode of payments, but then the difficulties that come with bitcoin transaction e.g. high transaction fees and longer transaction confirmation. This has made the retail usage of Bitcoin hard for users buying small shops.
I will encourage everyone who is in business to allow Bitcoin as mode of payment. Just like what Tesla did. They are now accepting Bitcoin as payment. Its good to accept Bitcoin now as payment as this is a good investment. Price do increase over time.

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dificanovi
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April 29, 2021, 03:50:01 PM
 #102

In recent times so many exciting events/news have been happening with bitcoin,  we have seen how bitcoin have gain institutional adoption with Tesla taking the lead and the installation of bitcoin ATMs for easy access to the digital global currency BTC.
The latest is a real estate firm optioning for tenants to pay rent using bitcoin.
https://www.cnbc.com/2021/04/07/rick-carusos-company-to-begin-accepting-rent-payments-in-bitcoin.html?utm_term=Autofeed&utm_medium=Social&utm_content=Crypto&utm_source=Facebook#Echobox=1617831770
This indeed are great indications of bitcoin mainstream adoption/usage.

Big companies are already using bitcoin so beginners don't need to hesitate to invest in bitcoin because bitcoin is a coin that is highly trusted by investors around the world. Real Estate Companies know that bitcoin has a very good potential so whoever holds bitcoin the long term will definitely benefit.

imstillthebest
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April 29, 2021, 04:04:25 PM
 #103

Your advice is excellent as it encourages public usage of Bitcoin as a mode of payments, but then the difficulties that come with bitcoin transaction e.g. high transaction fees and longer transaction confirmation. This has made the retail usage of Bitcoin hard for users buying small shops.
I will encourage everyone who is in business to allow Bitcoin as mode of payment. Just like what Tesla did. They are now accepting Bitcoin as payment. Its good to accept Bitcoin now as payment as this is a good investment. Price do increase over time.

if your ask to pay a high fee that means the transaction wont take long to confirm but it was slow when you pay with a low transaction fee .
 tesla buyers have no problem with the fee because they are transacting huge amounts but for smaller shops with smaller items to be bought , they can set up altcoin payments other than bitcoin .
nothing can stop the btc and crypto adoption if we wanted to because theres always a way .
blackened515
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April 29, 2021, 04:14:32 PM
 #104

Is seem people are now beginning to realize the importance of Bitcoin in the society. Is going to be real good, if Tenants start paying rent with Bitcoin. With less stress and less charges when paying your rent with Bitcoin, is going to be awesome and also saves money.

With this great move, I believe crytocurrency can't easily be shutdown by the government, and also in the nearest time, Bitcoin be dominate the world.



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April 29, 2021, 05:50:10 PM
 #105

Is seem people are now beginning to realize the importance of Bitcoin in the society. Is going to be real good, if Tenants start paying rent with Bitcoin. With less stress and less charges when paying your rent with Bitcoin, is going to be awesome and also saves money.

With this great move, I believe crytocurrency can't easily be shutdown by the government, and also in the nearest time, Bitcoin be dominate the world.
- Well, if people really realize the importance of bitcoin, they should also realize that paying rent and using bitcoin for payments is too contemptuous of its potential, besides, they seem to be joking with the government, bitcoin is often a limited commodity that cannot be applied in such a way. While the simpler thing we can do is cash, minimize all risks and the value will be fixed every month, it is also easy for owners of the house and tenants to have fun with each other, instead of arguing over costs in bitcoin


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