I think OP didn't mean it like that , he just wanted to say that using bitcoin as a means of payment is not appropriate and it is more suitable to use as an investment .
Even that idea from the op is very wrong, BTC is p2p electronic cash that is censorship resistant and permissionless, it was created to be used as a payment method and using it that way means you are promoting its original use case. Due to growth BTC now has many use cases and i understand that too many people want to make returns from storing it for a long time, but that should not take away the reason why it was created, which is for it to be a currency that's controlled by nobody.
Topic: Paying house rent with bitcoin is it appropriate? - page 5. (Read 1286 times)
I think OP didn't mean it like that , he just wanted to say that using bitcoin as a means of payment is not appropriate and it is more suitable to use as an investment .
Even that idea from the op is very wrong, BTC is p2p electronic cash that is censorship resistant and permissionless, it was created to be used as a payment method and using it that way means you are promoting its original use case. Due to growth BTC now has many use cases and i understand that too many people want to make returns from storing it for a long time, but that should not take away the reason why it was created, which is for it to be a currency that's controlled by nobody.I think right or wrong depends on each person. I also don't see anything wrong with the OP not wanting to use bitcoin as a payment method these days. Although bitcoin was originally created to be a peer-to-peer currency, with current developments such as high transaction fees, long transaction confirmation times...Do you think bitcoin is suitable to become a popular payment method? Furthermore, many people are trying to criticize the OP for not supporting the use of bitcoin as a payment method but i want to know. How many people here have used bitcoin as currency or just talked about it but have never done it just once, including you?
Glancing through the article https://cointelegraph.com/news/bitcoin-rent-agreement-argentina-landlord-tenant one would conclude adoption is striving in Argentina. Paying for a house with bitcoin sounds to me a mistake or lack of financial knowledge. Bitcoin is better than Fiat. Bitcoin increases in value and fiat faces inflation. Why then would one spend Bitcoin instead of fiat on a house rent which may expire in few years? Accommodating the Bitcoin can birth the person more money to pay his next house rent. But fiat wouldn't add any interest in the bank. Moreover the house owner will not hold the Bitcoin.
I think there is no problem with that, because basically bitcoin was also created with the aim of being a means of payment. If you think Bitcoin is an investment, then it won't be suitable. if it is a P2P transaction, then it is the same as using fiat, because they use the value of bitcoin at the time the exchange occurs. There are many factors that make this happen, such as the buyer not having cash, and only having bitcoin, or other things. This will make it easier for the person to carry out transactions at that time when the seller receives payment in bitcoin. Apart from that, if the buyer really wants to keep the bitcoins he has, he will definitely pay using fiat. However, I think the conditions that occurred at that time might make it necessary to pay using bitcoin. well, when he has money again, he can go back to investing again. 
Glancing through the article https://cointelegraph.com/news/bitcoin-rent-agreement-argentina-landlord-tenant one would conclude adoption is striving in Argentina. Paying for a house with bitcoin sounds to me a mistake or lack of financial knowledge. Bitcoin is better than Fiat. Bitcoin increases in value and fiat faces inflation. Why then would one spend Bitcoin instead of fiat on a house rent which may expire in few years? Accommodating the Bitcoin can birth the person more money to pay his next house rent. But fiat wouldn't add any interest in the bank. Moreover the house owner will not hold the Bitcoin.
What do you want Him to do? accumulate and accumulate and then what? live on
the street ? what if the only funds he has is bitcoin then why denied Him the rights when it is a
choice to make?
and what if sooner he died without spending the bitcoin then it will be regret forever ,
if you have a Bitcoin then do as you please but never question those people that wanted to use their
crypto in their own living.
Whether you pay the house with fiat or bitcoin, that would always be valid since fiat and bitcoin have their own value. The only difference is that bitcoin has no fixed value and there are chances that it would increase or drop its value in the next days, while fiat always has its own fixed and stable value. So that’s up to the landlord if he also feels confident on accepting bitcoin, otherwise you will be force to pay in fiat exclusively since that’s the only payment system that is allowed.
However, the good thing about paying bitcoin is not only you are promoting bitcoin as a currency, but you are also encouraging awareness on the landlord itself that bitcoin could have a more profitable value in the future, provided that he’s also aware on how to keep his bitcoin for long term and safeguard its safety and security.
However, the good thing about paying bitcoin is not only you are promoting bitcoin as a currency, but you are also encouraging awareness on the landlord itself that bitcoin could have a more profitable value in the future, provided that he’s also aware on how to keep his bitcoin for long term and safeguard its safety and security.
Why would it be a financial mistake to ever spend bitcoin?
The point here is that you have a place to store your wealth without the risks of holding a hyper-inflating currency. And you have the option to "debank" yourself in Argentina. It gives more options and more freedom. Nothing wrong about it.
And even on this my part of the world, Bitcoin gives you more options to choose from in terms of money usage, and for that, I won't regret ever paying for House with Bitcoin but what I will like to know also is, if the payment was done with Bitcoin directly or the ops have to change Bitcoin into another currency before he paid for the House.The point here is that you have a place to store your wealth without the risks of holding a hyper-inflating currency. And you have the option to "debank" yourself in Argentina. It gives more options and more freedom. Nothing wrong about it.
Because there is a difference between using Bitcoin investment money or profits to change into local currency and buy a home with, or you have the estate agent who accepts Bitcoin as payments for the House, this is what I will like to get clarification on.
Glancing through the article https://cointelegraph.com/news/bitcoin-rent-agreement-argentina-landlord-tenant one would conclude adoption is striving in Argentina. Paying for a house with bitcoin sounds to me a mistake or lack of financial knowledge. Bitcoin is better than Fiat. Bitcoin increases in value and fiat faces inflation. Why then would one spend Bitcoin instead of fiat on a house rent which may expire in few years? Accommodating the Bitcoin can birth the person more money to pay his next house rent. But fiat wouldn't add any interest in the bank. Moreover the house owner will not hold the Bitcoin.
Paying for your house with Bitcoin might seem a bit unusual to some people, but it's important to know that it might not be a bad idea. The person who chooses to pay with Bitcoin probably knows a lot about this kind of money and has a good reason for doing it in a different way. It's really important not to say something is wrong just because someone pays their rent with Bitcoin. We should try to understand why they're doing it before deciding if it's a good or bad choice.
People occasionally have valid reasons for making decisions that initially appear odd. Therefore, it's a good idea to find out why they are spending their Bitcoin before we say anything bad. Perhaps they just enjoy using it, or perhaps they believe it to be safer. It's important to avoid making snap judgments about someone without fully understanding their situation. It's OK that each person has unique motivations for their actions. It's critical to maintain an open mind and refrain from assuming anything about someone's decisions before learning the context of their initial decisions.
I think OP didn't mean it like that , he just wanted to say that using bitcoin as a means of payment is not appropriate and it is more suitable to use as an investment .
Even that idea from the op is very wrong, BTC is p2p electronic cash that is censorship resistant and permissionless, it was created to be used as a payment method and using it that way means you are promoting its original use case. Due to growth BTC now has many use cases and i understand that too many people want to make returns from storing it for a long time, but that should not take away the reason why it was created, which is for it to be a currency that's controlled by nobody. Glancing through the article https://cointelegraph.com/news/bitcoin-rent-agreement-argentina-landlord-tenant one would conclude adoption is striving in Argentina. Paying for a house with bitcoin sounds to me a mistake or lack of financial knowledge. Bitcoin is better than Fiat. Bitcoin increases in value and fiat faces inflation. Why then would one spend Bitcoin instead of fiat on a house rent which may expire in few years? Accommodating the Bitcoin can birth the person more money to pay his next house rent. But fiat wouldn't add any interest in the bank. Moreover the house owner will not hold the Bitcoin.
It is true that Bitcoin Can increase, but it can also decrease. so it is risky for landlord too to accept bitcoin. what if Bitcoin decreases and the landlord loses his money? the thing is I don't think people think about future of Bitcoin when doing live dealings. they are paying house rent according to current bitcoin price at that time. now if bitcoin price increase or decrease it is totally depend on the market.
and I don't think landlord would keep the bitcoins after taking rent. he would probably sell them off and secure his money unless he's a Bitcoin Lover. also think about those people who makiing a living earning bitcoin, like so many people in this forum. if they don't spend their bitcoin by thinking it will increase in future then how would they suppose to cover their expenses?
Likewise, for people who rent a house using bitcoin indirectly, they have saved money by using bitcoin without having to convert it into fiat first. So in essence, in my opinion, there is nothing wrong with both parties here because they both benefit each other.
Glancing through the article https://cointelegraph.com/news/bitcoin-rent-agreement-argentina-landlord-tenant one would conclude adoption is striving in Argentina. Paying for a house with bitcoin sounds to me a mistake or lack of financial knowledge. Bitcoin is better than Fiat. Bitcoin increases in value and fiat faces inflation. Why then would one spend Bitcoin instead of fiat on a house rent which may expire in few years? Accommodating the Bitcoin can birth the person more money to pay his next house rent. But fiat wouldn't add any interest in the bank. Moreover the house owner will not hold the Bitcoin.
It is true that Bitcoin Can increase, but it can also decrease. so it is risky for landlord too to accept bitcoin. what if Bitcoin decreases and the landlord loses his money? the thing is I don't think people think about future of Bitcoin when doing live dealings. they are paying house rent according to current bitcoin price at that time. now if bitcoin price increase or decrease it is totally depend on the market.
and I don't think landlord would keep the bitcoins after taking rent. he would probably sell them off and secure his money unless he's a Bitcoin Lover. also think about those people who makiing a living earning bitcoin, like so many people in this forum. if they don't spend their bitcoin by thinking it will increase in future then how would they suppose to cover their expenses?
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Does not seem like a bad move at all. Reading the news, it seems a exchange called fiwind is being used as a platform to pay the rent that the landlord and tenant has agreed to with a legal binding. With such a legal binding the tenant has to pay in time and the landlord get paid in time too. This is much better than the traditional system of paying the landlord in cash or their bank by a specific date. Possible that in future these types of legal contracts will become more frequent made and used.
Another part of the news article that caught my attention was that the government there is allowed crypto holdings taxation to be done, this shows that governments might be wiling to accept bitcoin into the mainstream system while taxing them.
Another part of the news article that caught my attention was that the government there is allowed crypto holdings taxation to be done, this shows that governments might be wiling to accept bitcoin into the mainstream system while taxing them.
Paying house rent with bitcoin is it appropriate?
My understanding is, if that happens, it's fine, provided there is a strong agreement between the first party and the second party, where an hour later the price of Bitcoin falls/falls, that's the first party's risk, there are no additional payments with Bitcoin.For example:
The price of a house renting $100 an hour later could drop $70 that's the recipient's risk, nothing extra.
If it is said to be appropriate, of course it is appropriate provided that there is a strong agreement between both parties, because we know that the price of Bitcoin is very sensitive to its movements, it can change in a matter of minutes, but for me, if I don't want to take risks, of course fiat is very efficient in paying house rent, considering the current costs and price of Bitcoin, of course for me it's not a good choice in that case.
Personally I won't pay rent using bitcoin, considering the fact that the price of BTC is not stable. I understand that they may be paying the rent using the current market price, but for me, I don't think it will be a good idea.
For some people, something like that might look good in their eyes, but it may not necessarily be so good in the eyes of others because maybe other people who see someone pay rent with Bitcoin based on the current market price. You would definitely think that someone is throwing away Bitcoin by sacrificing it through rent payments, so what you say is actually quite correct considering that rent payments can also be paid with fiat currency as usual without having to spend more Bitcoin just to pay the rent.Exactly my point. Maybe they are doing this just for promoting bitcoin, which to me isn't bad. But I don't just buy that idea.
I could buy a house using bitcoin, not pay my rent using bitcoin.
The only mistake when you invest in Bitcoin is, you don't want to sell or spend it. 
Let's accumulate Bitcoin, you work very hard when you were young and you try to invest as much as you can. When you 20's you have 1 BTC, when you 30's you have 10 BTC, when you 40's you have 100 BTC, when you 50's you have 1K BTC, when you 60's you have 10K BTC and then you dead without enjoying your own hardwork.
It's the life that you want?
Let's accumulate Bitcoin, you work very hard when you were young and you try to invest as much as you can. When you 20's you have 1 BTC, when you 30's you have 10 BTC, when you 40's you have 100 BTC, when you 50's you have 1K BTC, when you 60's you have 10K BTC and then you dead without enjoying your own hardwork.
It's the life that you want?
I think OP didn't mean it like that , he just wanted to say that using bitcoin as a means of payment is not appropriate and it is more suitable to use as an investment . But there are a lot of people who have the wrong mindset you're talking about. Many people become so addicted and worship bitcoin that they just accumulate and hold as much as possible. They don't intend to spend it for life, and they want to keep it for the next 30 to 50 years . But I want to ask if they can live until then ? LOL. Bitcoin is just money , a tool to serve our lives, it is not a religion or god but for us to serve and worship it more than necessary .
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Glancing through the article https://cointelegraph.com/news/bitcoin-rent-agreement-argentina-landlord-tenant one would conclude adoption is striving in Argentina. Paying for a house with bitcoin sounds to me a mistake or lack of financial knowledge. Bitcoin is better than Fiat. Bitcoin increases in value and fiat faces inflation. Why then would one spend Bitcoin instead of fiat on a house rent which may expire in few years? Accommodating the Bitcoin can birth the person more money to pay his next house rent. But fiat wouldn't add any interest in the bank. Moreover the house owner will not hold the Bitcoin.
Nobody, not you, not me, not anyone will hold their bitcoin forever, we all buy bitcoin to either sell it later for profit, or to spend it on an item or something we love..Many have bought houses and paid in bitcoin, some bought cars and paid in bitcoin, I myself bought a bike in 2022 and paid for it in bitcoin, that I bought this bike and paid in bitcoin does not mean I no longer own bitcoin, I currently own even more bitcoin than I had when I spent some of it on a bike.
If you read the bitcoin whitepaper, bitcoin is supposed to be used to pay for goods and services, not just to hold it for profit, as a bitcoiner, I consider it mandatory for us to different bitcoin wallets, major two different bitcoin wallet, one wallet hold your bitcoin meant for or as long term investment, while the other wallet (more like a hot wallet) hold the bitcoin you can easily spend on goods and services, or items we find interesting and want to own them..
In the nutshell, there is absolutely nothing wrong to spend bitcoin to pay for a rent, as long as the person is working and earning, he or she can always buy more bitcoin for future use or for investments.
Personally I won't pay rent using bitcoin, considering the fact that the price of BTC is not stable. I understand that they may be paying the rent using the current market price, but for me, I don't think it will be a good idea.
For some people, something like that might look good in their eyes, but it may not necessarily be so good in the eyes of others because maybe other people who see someone pay rent with Bitcoin based on the current market price. You would definitely think that someone is throwing away Bitcoin by sacrificing it through rent payments, so what you say is actually quite correct considering that rent payments can also be paid with fiat currency as usual without having to spend more Bitcoin just to pay the rent. 
Glancing through the article https://cointelegraph.com/news/bitcoin-rent-agreement-argentina-landlord-tenant one would conclude adoption is striving in Argentina. Paying for a house with bitcoin sounds to me a mistake or lack of financial knowledge. Bitcoin is better than Fiat. Bitcoin increases in value and fiat faces inflation. Why then would one spend Bitcoin instead of fiat on a house rent which may expire in few years? Accommodating the Bitcoin can birth the person more money to pay his next house rent. But fiat wouldn't add any interest in the bank. Moreover the house owner will not hold the Bitcoin.
People buy houses, buy cars, book hotels, pay for flight, pay for cruise, pay tuition fees in Bitcoin. So why would paying house rent in Bitcoin be a financial mistake? Bitcoin is a medium of exchange and can do what fiat does. Choosing to pay the landlord in bitcoin will not make the tenant go broke or make him not accumulate more Bitcoin for himself. It's very likely the tenant earns in Bitcoin and also I think the purpose of news is to encourage people to start accepting cryptocurrency in the country.
You can't hurdle your Bitcoin indefinitely, there has to be a time when you'll have to sale or spend some or all of it, so there's nothing wrong with that, so far you're not spending it bellow the market price. Although you might feel at a lose if you're spending it during price dip or bear run, probably bellow the price that you bought it, but that shouldn't be a problem so far there's alternative of paying with the local fiat currency. We shouldn't forget that the original purpose of creating Bitcoin is for p2p transactions and it is the best method to drive it's adoption, although investment and trading purposes have clearly overtaken this original plan.
Not much difference valuable when paying house rent with bitcoin or using fiat, I think paying house rent trough bitcoin and fiat with the same amount total but difference cases when you have saving money or bitcoin for house rent in the upcoming time potential will change valuable of bitcoin. Has opportunity with bitcoin will increasing up after bitcoin raising to higher price and another side you need to recovery few percent of total amount house rent if bitcoin price going down.
I don't think recommended when using bitcoin for house rent if your on position not owner of the house, but difference when your position want to house rent and earn profitable trough bitcoin as your investment in the future with potential of bitcoin value increasing up drastically.
You must prepare with some one are ready with adopt bitcoin as payment and how legalize in the future if any cases of house rent transaction get problem.
I don't think recommended when using bitcoin for house rent if your on position not owner of the house, but difference when your position want to house rent and earn profitable trough bitcoin as your investment in the future with potential of bitcoin value increasing up drastically.
You must prepare with some one are ready with adopt bitcoin as payment and how legalize in the future if any cases of house rent transaction get problem.
Paying for a house with bitcoin sounds to me a mistake or lack of financial knowledge.
This is one of the result of shilling Bitcoin by speculators and influencer, some people are surprised that other people actually use Bitcoin as payment method and not just for speculations. Bitcoin was initially invented as currency, spending Bitcoin on House or any other stuff shouldn't be a mistake, it's the same as when people went to cashout their stock to buy some stuff that they need.
And I think it's a good thing that real-estate market in Argentina accepting Bitcoin as payment.
Why then would one spend Bitcoin instead of fiat on a house rent which may expire in few years? Accommodating the Bitcoin can birth the person more money to pay his next house rent. But fiat wouldn't add any interest in the bank. Moreover the house owner will not hold the Bitcoin.
Bitcoin is not just for investment so there are some holders in Bitcoin who occasionally decide to use Bitcoins for all the functions that it can achieve which also includes use as payments. I understand that it is difficult for you to understand this, and this is because of your ideology towards Bitcoin which is an investment, but some people do not mind, they are even happier and excited when they meet another person who accepts to take payments in Bitcoin. By making payments in Bitcoins, they feel happy that they are fulfilling the wish and plan that Satoshi had for bitcoins as a currency. To the house owner whose business is management of his property and collection of rents, imagine that he is a Bitcoin enthusiast, and recently just added Bitcoin as a means of payment for his house just so that he can have some Bitcoin for himself before the halving. He has succeeded in getting some bitcoins in a way not different from a vendor who sells a product and receives payments directly in bitcoins. If you consider it as inappropriate to pay for your house rent using Bitcoin, then it is also an appropriate to pay for other products using Bitcoin because then the value is not fixed as well.
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