Topic: Proving your funds to the bank while buying a house (Read 263 times)
I don't think someone could have done that in their life requirement of a house and paying the loan with bitcoin to the bank, because no banks have directly involved into bitcoin. In an article read that such a service was provided by bitpay for certain percentage of the business amount as commission.
I don't think it is up to the debtor to decide which currency to use to pay back a loan. I believe that is up to the creditor and I don't think any regulated financial creditors accepts bitcoin as a form of payment. You have to liquidate your bitcoins to a currency in which the creditor accepts. Gambling is not a problem in any case, money is supposed to be fungible.
Well, if you are applying for a loan to the bank, and you decide to pay it with bitcoins, how can one prove their funds ? Anyone who have done this care to share their opinion ? And if the source of some of the bitcoins are from gambling for example, is there any problem?
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