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Is It Possible to Use Cryptocurrencies to Buy a House?
- jqpabc123 3y agoBoth parties must be willing to deal with this volatility or find ways to mitigate the risks involved. Blatantly obvious way to deal with it --- convert crypto into a more stable, more user friendly currency --- like I don't know, maybe fiat. Want to buy my house? Call me once this has been done. The article could have been titled, "Why Crypto is Not a Functional Currency" or perhaps "Money Fallacies 101". The overarching fallacy of cryptocurrency --- success depends on fiat's failure. Otherwise, it's unlikely the ordinary Joe will be motivated to deal with it's inadequacies.