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Topic: Tenants to pay rent with bitcoin (Read 839 times)

hero member
Activity: 1302
Merit: 503
April 29, 2021, 12:50:10 PM
Is seem people are now beginning to realize the importance of Bitcoin in the society. Is going to be real good, if Tenants start paying rent with Bitcoin. With less stress and less charges when paying your rent with Bitcoin, is going to be awesome and also saves money.

With this great move, I believe crytocurrency can't easily be shutdown by the government, and also in the nearest time, Bitcoin be dominate the world.
- Well, if people really realize the importance of bitcoin, they should also realize that paying rent and using bitcoin for payments is too contemptuous of its potential, besides, they seem to be joking with the government, bitcoin is often a limited commodity that cannot be applied in such a way. While the simpler thing we can do is cash, minimize all risks and the value will be fixed every month, it is also easy for owners of the house and tenants to have fun with each other, instead of arguing over costs in bitcoin
sr. member
Activity: 1218
Merit: 279
April 29, 2021, 11:14:32 AM
Is seem people are now beginning to realize the importance of Bitcoin in the society. Is going to be real good, if Tenants start paying rent with Bitcoin. With less stress and less charges when paying your rent with Bitcoin, is going to be awesome and also saves money.

With this great move, I believe crytocurrency can't easily be shutdown by the government, and also in the nearest time, Bitcoin be dominate the world.
full member
Activity: 1638
Merit: 122
April 29, 2021, 11:04:25 AM
Your advice is excellent as it encourages public usage of Bitcoin as a mode of payments, but then the difficulties that come with bitcoin transaction e.g. high transaction fees and longer transaction confirmation. This has made the retail usage of Bitcoin hard for users buying small shops.
I will encourage everyone who is in business to allow Bitcoin as mode of payment. Just like what Tesla did. They are now accepting Bitcoin as payment. Its good to accept Bitcoin now as payment as this is a good investment. Price do increase over time.

if your ask to pay a high fee that means the transaction wont take long to confirm but it was slow when you pay with a low transaction fee .
 tesla buyers have no problem with the fee because they are transacting huge amounts but for smaller shops with smaller items to be bought , they can set up altcoin payments other than bitcoin .
nothing can stop the btc and crypto adoption if we wanted to because theres always a way .
full member
Activity: 840
Merit: 105
Buzz App - Spin wheel, farm rewards
April 29, 2021, 10:50:01 AM
In recent times so many exciting events/news have been happening with bitcoin,  we have seen how bitcoin have gain institutional adoption with Tesla taking the lead and the installation of bitcoin ATMs for easy access to the digital global currency BTC.
The latest is a real estate firm optioning for tenants to pay rent using bitcoin.
https://www.cnbc.com/2021/04/07/rick-carusos-company-to-begin-accepting-rent-payments-in-bitcoin.html?utm_term=Autofeed&utm_medium=Social&utm_content=Crypto&utm_source=Facebook#Echobox=1617831770
This indeed are great indications of bitcoin mainstream adoption/usage.

Big companies are already using bitcoin so beginners don't need to hesitate to invest in bitcoin because bitcoin is a coin that is highly trusted by investors around the world. Real Estate Companies know that bitcoin has a very good potential so whoever holds bitcoin the long term will definitely benefit.
member
Activity: 518
Merit: 45
April 29, 2021, 10:37:55 AM
Your advice is excellent as it encourages public usage of Bitcoin as a mode of payments, but then the difficulties that come with bitcoin transaction e.g. high transaction fees and longer transaction confirmation. This has made the retail usage of Bitcoin hard for users buying small shops.
I will encourage everyone who is in business to allow Bitcoin as mode of payment. Just like what Tesla did. They are now accepting Bitcoin as payment. Its good to accept Bitcoin now as payment as this is a good investment. Price do increase over time.
copper member
Activity: 342
Merit: 1
April 22, 2021, 03:23:45 AM
More and more companies start accepting BTC. It seems that our future will soon consist of digital money - crypto:)
full member
Activity: 896
Merit: 193
web developer for hire
April 20, 2021, 06:41:20 AM
#99
It happens with every innovation when it's new, it takes time before they're accepted with mass adoption. Bitcoin is being used to purchase cars, commodities, real estate and even to settle home utility bills. It's acceptance is growing and that's going to benefit all of us.

In recent times so many exciting events/news have been happening with bitcoin,  we have seen how bitcoin have gain institutional adoption with Tesla taking the lead and the installation of bitcoin ATMs for easy access to the digital global currency BTC.
The latest is a real estate firm optioning for tenants to pay rent using bitcoin.
https://www.c[Suspicious link removed]m/2021/04/07/rick-carusos-company-to-begin-accepting-rent-payments-in-bitcoin.html?utm_term=Autofeed&utm_medium=Social&utm_content=Crypto&utm_source=Facebook#Echobox=1617831770
This indeed are great indications of bitcoin mainstream adoption/usage.
sr. member
Activity: 1680
Merit: 379
Top Crypto Casino
April 19, 2021, 05:29:07 PM
#98
That is a smart move by landlords to start accepting bitcoin. They don't have to put any of their own money to acquire it and they will probably make a nice profit from this. They can use what they earn to buy new properties and make even more bitcoin.


Nevertheless paying rent using bitcoin is another adoption to gain popularity and can increase the users. I think the problem is the fees that the renter will shoulder since its not cheap currently.

A $20 fee is not that much compared to what people pay in rent in the United States. The fees are also not that high all the time. You could also probably pay for multiple months in advance and that way you just pay one fee.
hero member
Activity: 3010
Merit: 629
April 19, 2021, 05:18:19 PM
#97
This is another good move for bitcoin to be known as a digital currency that people can use to pay their rent.

Nowadays many people are seeing btc as an investment and taking advantage the unstable price which is totally fine. However because of this some of us forget the purpose why it was made by the creator.

Nevertheless paying rent using bitcoin is another adoption to gain popularity and can increase the users. I think the problem is the fees that the renter will shoulder since its not cheap currently.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
April 19, 2021, 04:56:59 PM
#96
Well, this i won't pay instead exchange my coins to fiat to pay for my rent. Imagine when the price of bitcoin went like it is right now and the house owners want their rent immediately or quit, who do you think will loss at this junction, if i pay through bitcoin?. Though, i see many regrets if anything as such happen when there's not yet global adoption of digital currencies, so, until there are provisions that will help minimize the transaction fees then things will be better.
It's just a reference and option for those tenants that wants to pay bitcoin. That's a good adoption honestly and other rental properties and services can adopt it as their choice to make the usage wider.
You're not forced to do so if you're ever going to be in an apartment that allows you to pay bitcoin, it's just a choice.
sr. member
Activity: 2086
Merit: 283
Vave.com - Crypto Casino
April 19, 2021, 01:37:33 PM
#95
With the rapid development of bitcoin popularity, of course nowadays many large companies have started to adopt bitcoin because they strongly believe that accepting bitcoin payment methods can make it easier for companies to make transactions, especially in times of a pandemic like this, of course this is the right choice for them.
full member
Activity: 783
Merit: 100
April 19, 2021, 09:13:51 AM
#94
In recent times so many exciting events/news have been happening with bitcoin,  we have seen how bitcoin have gain institutional adoption with Tesla taking the lead and the installation of bitcoin ATMs for easy access to the digital global currency BTC.
The latest is a real estate firm optioning for tenants to pay rent using bitcoin.
https://www.cnbc.com/2021/04/07/rick-carusos-company-to-begin-accepting-rent-payments-in-bitcoin.html?utm_term=Autofeed&utm_medium=Social&utm_content=Crypto&utm_source=Facebook#Echobox=1617831770
This indeed are great indications of bitcoin mainstream adoption/usage.
the advantages of bitcoin are now starting to clear, bitcoin can be useful for a business. we see today the real estate business is one of the businesses that often uses bitcoin, but maybe in the future bitcoin will be more widely used to develop business. So I think this is a very significant advance in bitcoin
full member
Activity: 1470
Merit: 148
April 18, 2021, 02:24:21 PM
#93
Well, this i won't pay instead exchange my coins to fiat to pay for my rent. Imagine when the price of bitcoin went like it is right now and the house owners want their rent immediately or quit, who do you think will loss at this junction, if i pay through bitcoin?. Though, i see many regrets if anything as such happen when there's not yet global adoption of digital currencies, so, until there are provisions that will help minimize the transaction fees then things will be better.
hero member
Activity: 2282
Merit: 659
Looking for gigs
April 18, 2021, 02:01:59 PM
#92
In recent times so many exciting events/news have been happening with bitcoin,  we have seen how bitcoin have gain institutional adoption with Tesla taking the lead and the installation of bitcoin ATMs for easy access to the digital global currency BTC.
The latest is a real estate firm optioning for tenants to pay rent using bitcoin.
https://www.cnbc.com/2021/04/07/rick-carusos-company-to-begin-accepting-rent-payments-in-bitcoin.html?utm_term=Autofeed&utm_medium=Social&utm_content=Crypto&utm_source=Facebook#Echobox=1617831770
This indeed are great indications of bitcoin mainstream adoption/usage.

Owning a commercial building one day is one of my long-term goals. It's a great passive income source, especially from the tenants who are going to pay rent on a monthly basis. Imagine if that long-term goal of mine became a reality, I would not hesitate to accept Bitcoin as payment method for my tenants (since Philippines is a crypto-friendly country and has no problem with Bitcoin being accepted as mode of payment).
full member
Activity: 952
Merit: 107
April 18, 2021, 06:48:52 AM
#91
The indicator of mass adoption is, for example, the announcement of the owner of airbnb about the beginning of the adoption of cryptocurrencies as payment for rent, and this is not particularly significant news, but still has a positive effect on the crypto market as a whole.
These is good that adoption is really happening, there are many ways to use it now and to get access of it, however at these time that price of BTC is rising and is too volatile. I will intend to just invest my money or keep it still as crypto investment than using it, when the price seems too be much more stable in the future and adoption becomes more bigger many industries will use and implement it like a fiat that's the only time to spend it.
For me it is okay to use bitcoin to pay rent because the higher the price of bitcoin, the lower volume it gives. Yes, it has high value and tend to hike even more but also it will drop in time. It is best to use bitcoin like fiat as it is more safe and fast transactions. Time will come where employees going to receive crypto as salary either. Using bitcoin make the demand for it to get higher value.
full member
Activity: 1176
Merit: 100
Next Generation Web3 Casino
April 18, 2021, 02:33:06 AM
#90
people have realized that the importance of bitcoin is not impossible. Many people have accepted bitcoin as a profit exchange. Receive bitcoin more profit than receiving fiat exchange. Maybe in the future bitcoin is more in demand by many people.
member
Activity: 868
Merit: 63
April 17, 2021, 11:00:06 PM
#89
Money ... it is also money and it is considerable Smiley. It does not surprise me. Soon, a very large number of services will allow you to pay with bitcoin. This is good news for us because we will not lose money on sales Smiley.
I would still pay my rent if I was a tenant with fiat because fiat has a fixed price and I don't think that it is a good idea because the landlord is the one that is going to benefit from all of this in the long term, remember that bitcoin grows overtime so your 1 month rent could be 12 months rent in no time.
full member
Activity: 966
Merit: 102
April 17, 2021, 10:25:36 PM
#88
More people pay attention to Bitcoin and want to own Bitcoin. Accepting Bitcoin instead of cash or FIAT is also a good way to earn passive income with Bitcoin. The landlord does not have to spend effort to buy Bitcoin and withdraw to his wallet.I believe that the people in the area where he lives will have a good perception of Bitcoin.
full member
Activity: 255
Merit: 100
https://burst.money/
April 17, 2021, 06:21:30 PM
#87
I will encourage everyone who is in business to allow Bitcoin as mode of payment. Just like what Tesla did. They are now accepting Bitcoin as payment. Its good to accept Bitcoin now as payment as this is a good investment. Price do increase over time.
hero member
Activity: 1484
Merit: 928
April 17, 2021, 03:01:27 PM
#86
The current stage in which bitcoin is I believe there are lot's of good news coming, I believe there are still lots of companies that are going to adopt bitcoin and that will definitely pump the price of bitcoin I believe there are still lot's of institutions that are still going to adopt bitcoin which is a very good news and which will definitely pump the price of bitcoin massively, Bitcoin price is still very low if you are not having bitcoin in your wallet is till very early to buy make sure you having bitcoin in your wallet so that you won't regret in the nearest future.
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