4 ms·
> You transfer crypto to my wallet then I, in return, donate my house to you. How would that work? Can't you just not donate the house, after they have given y
by lottin 5y ago
> You transfer crypto to my wallet then I, in return, donate my house to you.
How would that work? Can't you just not donate the house, after they have given you their crypto?
- betwixthewires 5y agoWell obviously there's going to be a level of trust seeing as recourse is narrower, just like any black market transaction. Maybe even some possibility of extralegal recourse. But people can and therefore will do it.
- lottin 5y agoNot really, nobody buys a house in the black market.
- betwixthewires 5y agoIn India the vast majority of property transfers are off book.
- rodolphoarruda 5y agoI thought so. Some commentators here are a bit dislocated from regional realities.
- rvnx 5y agoExchange your cryptos in a juridiction abroad where it's allowed (e.g. Singapore), and spend those savings. Problem solved. No ?
- lottin 5y agoHow do you exchange your cryptos? You would need an account at a Singaporean bank. Then spend your savings in Singapore, and go back to India empty handed?