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You say that, but luxury real estate agencies representing multimillion dollar homes in Los Angeles will and do accept Bitcoin. It’s not just a PR stunt, I’ve s
by thebradbain 5y ago
You say that, but luxury real estate agencies representing multimillion dollar homes in Los Angeles will and do accept Bitcoin. It’s not just a PR stunt, I’ve seen many legitimate brokerages state they’ll accept Bitcoin (the article I link makes it sound like it’s only homes worth tens of millions of dollars, but I’ve seen it for homes as little as $1.2M)
Disclaimer: I have no stake in Bitcoin (0.00 crypto balance), but I did recently buy a home in Los Angeles. You’d be surprised how many sellers said they would treat Bitcoin as better than cash, as if competing for a home wasn’t hard enough already
- eurasiantiger 5y agoThey only accept it because the luxury housing market is a money laundering mechanism.
- water8 5y agoAlso Book Deals and Artwork
- machinebun 5y agoYou will still have to pay capital gains tax in $ once you pay for something in Bitcoin though (assuming that your bitcoin has appreciated versus the $)