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I don’t see the advantage over selling the Bitcoin for cash and using that cash to buy land from any real estate agent or use a buyers agent to help. For tax r
by quickthrower2 6y ago
I don’t see the advantage over selling the Bitcoin for cash and using that cash to buy land from any real estate agent or use a buyers agent to help.
For tax reasons people might also borrow against Bitcoin for a deposit then get a mortgage to acquire the land.
- prophack 6y agoThank you for the feedback. Fair enough. I thought to make a tool which you could use to quickly withdraw your crypto (not only BTC). In case of classical withdraw operations over banks you normally has some maximum limits. The low price allows to buy a couple of objects in different countries with better risks diversification.
- quickthrower2 6y agoI see I didn’t think of it like that. So getting a million dollars out of an exchange might be hard due to KYC and AML problems on the bank side. But you offer a way to go directly into an asset although I assume you have KYC and AML obligations too.