Buying a house with 100% Bitcoin is possible in Portugal

[albon]

At the beginning of this month (May 2022), a house was sold in Portugal, in which it was fully paid for with Bitcoin. This was made possible, thanks to a new decree of law that allows crypto exchanges for houses. The house cost 3BTC at the time and it was all done legally.

It is excellent to buy a house with bitcoins in Portugal since Portugal is a country that is friendly to cryptocurrencies, it treats bitcoin as any other currency, it is a form of payment, and it is an entirely tax-exempt asset, Portugal ranked first in the best places to live in a survey last year for one of the sites, and it is a suitable country for buying real estate and living in it, and Portugal is working to be one of the most innovative European countries in technology and economy, and it is worth noting that Portugal is not the only one that is friendly to Bitcoin, there are Germany, Malta, and Switzerland.

The future of Bitcoin and cryptocurrencies will, with time, shine, and all countries of the world will adopt this industry, and people will be able to use Crypto as a payment method in their real life in any of their financial dealings; it is only a matter of time before this dependence prevail.

[virasog]

Part of the reasons why most government opposes the use of bitcoin as means of exchange in their country is due to the tax free fees transactions associated with BTC unlike  the traditional banking process with fiat money. And almost all government in the world depends on taxes and internally generated revenues. Perhaps the reason they're against digital decentralized currency operations.

Governments are afraid of bitcoin because they think that they can't track how much crypto everyone has and also they can't collect taxes on it. They are wrong because the bitcoin blockchain is like an open ledger and every transaction and wallet can be traced.

The future of Bitcoin and cryptocurrencies will, with time, shine, and all countries of the world will adopt this industry, and people will be able to use Crypto as a payment method in their real life in any of their financial dealings; it is only a matter of time before this dependence prevail.

I hope this bitcoin adoption take place quickly so people like us can also buy houses, plot, and other things using crypto. Till that time, we only have one option to first convert bitcoin into fiat and then buy from that converted cash.

[Mr.right85]

The future of Bitcoin and cryptocurrencies will, with time, shine, and all countries of the world will adopt this industry, and people will be able to use Crypto as a payment method in their real life in any of their financial dealings; it is only a matter of time before this dependence prevail.

I hope this bitcoin adoption take place quickly so people like us can also buy houses, plot, and other things using crypto. Till that time, we only have one option to first convert bitcoin into fiat and then buy from that converted cash.

You know, the question on my mind right is;
Even should bitcoin be approved to be used in such large transactions, are people really getting down with it, using it to transact?

The idea at the moment, at least for most persons remains that you should hold. The more your able to hold as per volume and time, the more your likely to benefit from your holding as per multiples.

So, would we really ant to go down that lane at the moment?
Am not so sure I would but, when it comes to petty transactions, its a lot easier not to think the profit that would have come with it.

[joker_josue]

The idea at the moment, at least for most persons remains that you should hold. The more your able to hold as per volume and time, the more your likely to benefit from your holding as per multiples.

So, would we really ant to go down that lane at the moment?
Am not so sure I would but, when it comes to petty transactions, its a lot easier not to think the profit that would have come with it.

I think this has been the problem for greater adoption of Bitcoin for transactions. While you are always thinking that the amount spent today will be worth more or less tomorrow, you never come out at the same level.

You have to start not thinking about it all the time. We don't know the future, the purchase is today and that's what we have to think about.

[Rigon]

Bitcoin has now become a legal tender in several countries as Bitcoin is now a viable option to avoid taxes and other fees for buying land that is a good home for investment and things that are good for investment, I'm sure all countries will be able to accept Bitcoin' s  presence in the future  , But bitcoin is illegal in our Bangladesh, it is very sad for us

Bitcoin is now being traded in all countries around the world. You can earn money working in Bitcoin even from your Bangladesh. You may have to work a little incognito. Although there is a little administrative fear. Still I think there is no such problem to earn money working in Bitcoin from Bangladesh. Even though there is no legal status in Bangladesh, you are simply working there without paying any government tax. Countries where bitcoins are legal have a 30 to 35% tax. But keep in mind that when bitcoin legalization will be officially launched in all countries around the world, I think bitcoin legalization will also be launched in your Bangladesh.

[NicNacCoin]

Bitcoin is now being traded in all countries around the world. You can earn money working in Bitcoin even from your Bangladesh. You may have to work a little incognito. Although there is a little administrative fear. Still I think there is no such problem to earn money working in Bitcoin from Bangladesh. Even though there is no legal status in Bangladesh, you are simply working there without paying any government tax. Countries where bitcoins are legal have a 30 to 35% tax. But keep in mind that when bitcoin legalization will be officially launched in all countries around the world, I think bitcoin legalization will also be launched in your Bangladesh.

But it is very difficult to say whether Bitcoin will be legalized in Bangladesh. Bangladesh is technologically far behind compared to the unique countries of the world.  70-80% people of this country don't know about Bitcoin. So when Bitcoin transactions are launched in this country, people of this country will not understand about its valuation. If people don't know the proper use of Bitcoin, they will lose a lot of money by investing there.

[Patrol69]

Kudos to both the person selling the home and the person buying the home for making such a great decision. With this transaction I think Bitcoin moved forward a bit more.  Currently we see a lot of news related to Bitcoin where big transactions are organized through Bitcoin. I think Bitcoin will touch more new milestones as time goes on.

[Crypto Library]

Bitcoin has now become a legal tender in several countries as Bitcoin is now a viable option to avoid taxes and other fees for buying land that is a good home for investment and things that are good for investment, I'm sure all countries will be able to accept Bitcoin' s  presence in the future  , But bitcoin is illegal in our Bangladesh, it is very sad for us

Bitcoin is now being traded in all countries around the world. You can earn money working in Bitcoin even from your Bangladesh. You may have to work a little incognito. Although there is a little administrative fear. Still I think there is no such problem to earn money working in Bitcoin from Bangladesh. Even though there is no legal status in Bangladesh, you are simply working there without paying any government tax. Countries where bitcoins are legal have a 30 to 35% tax. But keep in mind that when bitcoin legalization will be officially launched in all countries around the world, I think bitcoin legalization will also be launched in your Bangladesh.

It is true that due to Bitcoin's peer-to-peer system, if any two persons agree to sell something, there is no obstacle. But the current condition of Bangladesh will never be advisable to do such a large transaction through Bitcoin.  Because cryptocurrency has been declared strictly illegal here and those who transact through it are currently being arrested.
And since all the people of Bangladesh are still not aware of crypto currency, I think no one in this country will take such big risks to sell their property.  So buying a house or property in Bangladesh without any hindrance by Bitcoin will still be very difficult in Bangladesh.

[Fuso.hp]

Undoubtedly, this news is very positive for Bitcoin. I would especially like to thank the buyer and seller of that house in Portugal for making such a good decision. Hopefully this news will spread worldwide soon and people's confidence and trust in Bitcoin will increase. And in the future people will use Bitcoin for larger transactions. This is how I think Bitcoin will slowly become one of the digital medium of transactions.

[Ludmilla_rose1995]

Kudos to both the person selling the home and the person buying the home for making such a great decision. With this transaction I think Bitcoin moved forward a bit more.  Currently we see a lot of news related to Bitcoin where big transactions are organized through Bitcoin. I think Bitcoin will touch more new milestones as time goes on.

transacting with bitcoin will definitely be a massive choice for many people in the future because it is very efficient, fast and the fees are cheap. i started selling my old stuff and accept optional payment with bitcoin, even though the majority of the buyers who have bought old stuff i don't understand what bitcoin is but i'm sure in the future it will change. buying a house with bitcoin like in Portugal is brilliant.

[Sarah Azhari]

Undoubtedly, this news is very positive for Bitcoin. I would especially like to thank the buyer and seller of that house in Portugal for making such a good decision. Hopefully this news will spread worldwide soon and people's confidence and trust in Bitcoin will increase. And in the future people will use Bitcoin for larger transactions. This is how I think Bitcoin will slowly become one of the digital medium of transactions.

yes positive for bitcoin volume transactions, this will not good if the buyer who owns the bitcoin seller has sold out his bitcoin to fiat. of course, this will the same as fiat payment, it will the same if the buyer pays with bitcoin and sold it asap. with this new we only hope he hold the btc or he changes his mind to change investment from property to gold.

[bettercrypto]

This is the news I saw in the crypto industry that someone bought a house and land with 3 Bitcoins. Because before, I've seen a project come out here in cryptocurrency that the concept of the project was real estate, but it didn't succeed as far as I know, I can't even remember what year.

      But as far as I know, you can actually make a transaction like that where you pay in bitcoin, that depends on if the seller is open to this kind of payment options.

[dezoel]

Undoubtedly, this news is very positive for Bitcoin. I would especially like to thank the buyer and seller of that house in Portugal for making such a good decision. Hopefully this news will spread worldwide soon and people's confidence and trust in Bitcoin will increase. And in the future people will use Bitcoin for larger transactions. This is how I think Bitcoin will slowly become one of the digital medium of transactions.

There have been a lot of such purchases and transactions in the mainstream world using Bitcoin as a mode of payment in the past. I don't deny the fact that such things contribute positively towards Bitcoin's adoption, but I also think that things will need to be on a higher level from this for the world to realize the real potential of Bitcoin.

Bitcoin is already pretty widespread around every corner of the world, and more than 50% of the world's population must already know what Bitcoin is, but the main thing is adoption and we definitely need more of that in the long run.

[gunhell16]

Bitcoin has now become a legal tender in several countries as Bitcoin is now a viable option to avoid taxes and other fees for buying land that is a good home for investment and things that are good for investment, I'm sure all countries will be able to accept Bitcoin' s  presence in the future  , But bitcoin is illegal in our Bangladesh, it is very sad for us

Bitcoin is now being traded in all countries around the world. You can earn money working in Bitcoin even from your Bangladesh. You may have to work a little incognito. Although there is a little administrative fear. Still I think there is no such problem to earn money working in Bitcoin from Bangladesh. Even though there is no legal status in Bangladesh, you are simply working there without paying any government tax. Countries where bitcoins are legal have a 30 to 35% tax. But keep in mind that when bitcoin legalization will be officially launched in all countries around the world, I think bitcoin legalization will also be launched in your Bangladesh.

You are correct in what you said, bitcoin is known in all countries around the world today, although it is not included in the stock market, but when it comes to other things, bitcoin can be traded in various trading platforms and even in forex it is also there.

And hopefully, the time will come when no matter which country we are in, bitcoin can be a legal payment option for buying houses and land.

[Patrol69]

Kudos to both the person selling the home and the person buying the home for making such a great decision. With this transaction I think Bitcoin moved forward a bit more.  Currently we see a lot of news related to Bitcoin where big transactions are organized through Bitcoin. I think Bitcoin will touch more new milestones as time goes on.

transacting with bitcoin will definitely be a massive choice for many people in the future because it is very efficient, fast and the fees are cheap. i started selling my old stuff and accept optional payment with bitcoin, even though the majority of the buyers who have bought old stuff i don't understand what bitcoin is but i'm sure in the future it will change. buying a house with bitcoin like in Portugal is brilliant.

With the change of time, the prevalence of various transactions through Bitcoin is increasing day by day. There are many countries in Europe that use Bitcoin to buy their daily necessities. The use of paper money is decreasing day by day and now people are finding it more convenient to carry money online. While paper money can be lost or stolen, digital currency does not have this problem. So people now prefer to keep more amount of money in their digital wallets.  Hopefully Bitcoin will one day become one of the medium of transactions when people will buy all their necessities with Bitcoin.

[joker_josue]

Since the first deed for the purchase of a house with Bitcoin was made, a year ago, 13 houses have already been purchased using crypto as payment.

Even during this bear in the crypto market, people are still willing to buy houses with Bitcoin, according to recent news.

Here is the article in Portuguese on this subject:
https://24.sapo.pt/atualidade/artigos/ja-foram-feitas-13-escrituras-de-casas-em-portugal-com-moedas-digitais-a-primeira-em-maio-de-2022

If you want to know any details, you can tell. 

[Litzki1990]

Buying and selling a house through Bitcoin is a great news for us. I would like to thank the two gentlemen who have undertaken this noble initiative. I am very happy and motivated to read this news. 

When someone dreams about something, it feels really good when someone else realizes his dream. I also have some plans for Bitcoin. If I can implement that plan then I will be very happy. 

The two men behind the purchase and sale of the house in Portugal have a strong faith in Bitcoin, which is why they took such a big decision. Their decision is really commendable.

[joker_josue]

The two men behind the purchase and sale of the house in Portugal have a strong faith in Bitcoin, which is why they took such a big decision. Their decision is really commendable.

There have already been 13 purchases/sales of homes carried out with Bitcoin.
That is, there are more and more people trusting bitcoin and using it to buy high-value goods, such as a house (and houses in Portugal are at very inflated prices).

[ItsCrafty]

There have already been 13 purchases/sales of homes carried out with Bitcoin.
That is, there are more and more people trusting bitcoin and using it to buy high-value goods, such as a house (and houses in Portugal are at very inflated prices).

Buying house with btc as a payment is seems very interesting. I always dreamed to buy some big things(Bike, Car) and pay via Btc but unfortunately because of my country not allowing i am not yet able to fulfill my dream. Btc is most trusted crypto coin and its available in many Europe countries. whenever i see news of number of btc Atm placing in any country I also wish that this happens in our country.

I hope that one day everyone will be able to buy through Btc. journey of btc from 2009 to 2023 is very interesting and it is a sign of its success that many countries have accepted it as payment .

[Litzki1990]

The two men behind the purchase and sale of the house in Portugal have a strong faith in Bitcoin, which is why they took such a big decision. Their decision is really commendable.

There have already been 13 purchases/sales of homes carried out with Bitcoin.
That is, there are more and more people trusting bitcoin and using it to buy high-value goods, such as a house (and houses in Portugal are at very inflated prices).

This proves that slowly people's trust and confidence in Bitcoin is increasing. According to your information about 13 houses have been bought and sold through Bitcoin transactions so far. Its number may increase. We know the news that is usually published.  Maybe there is a lot of news that we don't know. Some buyers or sellers may have bought and sold their homes with Bitcoin without telling anyone. But in any case, Bitcoin is making progress. 

We want people to not limit their Bitcoin transactions to just buying and selling houses. Let people use Bitcoin as a means of transaction in other areas as well.