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Topic: You can now buy a house in Britain using the cryptocurrency Bitcoin - page 3. (Read 534 times)

newbie
Activity: 196
Merit: 0
well this is great advancement and I hope this can be extended far to other bitcoin friendly countries also
full member
Activity: 369
Merit: 100
SOL.BIOKRIPT.COM
Wow! Really a great news to all of us. That means that bitcoin will going to be people's payment to buy things someday without any issue from governments. It's clear that bitcoin become legalize of all country in all over the world.
jr. member
Activity: 108
Merit: 1
I am glad that it is possible to make such purchases for bitcoin I hope that in the future and for other goods it will be possible to pay with bitcoin
member
Activity: 290
Merit: 28
bitcoin is not a bubble, it is the pin
You can, but should you? I don't think buying with crypto adds any extra utility to purchasing a house. Most countries allow great tax breaks for bringing in capital to buy a house anyway so often times property buyers are treated just like locals are. Especially in the UK I don't think that cash would be a problem. Using large sums of BTC for a payment other than just electronic FIAT could be more of a problem other than a utility when it comes to buying a house.

Well one benefit is obvious, people think if you don't cash out your bitcoin to FIAT then you don't have to pay any tax. You can buy goods and leave the taxman out of it. Buying a house would probably not work in this regard as you will have to register your property in your country. If you would buy outside the country you live in it might be easier.
hero member
Activity: 803
Merit: 500
Good news, hopefully this makes us optimistic about the future of bitcoin.

"You can now use Bitcoin to purchase a home in the UK after one of Northern Ireland’s largest housebuilders said it will now accept cryptocurrency.

Ballyclare-based Hagan Homes is believed to be the first firm of its kind in Northern Ireland or the Republic of Ireland to take the step."



http://metro.co.uk/2018/02/23/can-now-buy-house-britain-using-cryptocurrency-bitcoin-7336728/

If I'm supposed to buy a house then I would stick to fiat. It is much more stable to use but if you really want to use BTC then go ahead. I prefer spending fiat in these matters. I have something which I can use BTC better though.
member
Activity: 420
Merit: 13
It's not a problem - buy something using bitcoin. The problem is not where to spend them. Now there are thousands of places where you can buy goods for bitcoins.
sr. member
Activity: 882
Merit: 250
It is very good that more and more countries are beginning to allow purchases for bitcoin! Now there is even a bitcoin map, where you can see all the points in the whole world - where bitcoin is taken! Such places and countries are becoming more and more! And this of course can not rejoice!

I also love very much when this positive news appears in mass media. Recently I read that many singers sell their albums for Bitcoins. They promote cryptocurrency, and let other people believe in it!
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
You can, but should you? I don't think buying with crypto adds any extra utility to purchasing a house. Most countries allow great tax breaks for bringing in capital to buy a house anyway so often times property buyers are treated just like locals are. Especially in the UK I don't think that cash would be a problem. Using large sums of BTC for a payment other than just electronic FIAT could be more of a problem other than a utility when it comes to buying a house.
member
Activity: 672
Merit: 12
Buying house with btc is good news ; and it means that Govt of the country have no objection if trading done in btc.  It is one step ahead in making btc more popular.  It will increase it's demand and ultimately as a result price rise.
member
Activity: 290
Merit: 28
bitcoin is not a bubble, it is the pin
Britain was always among the leading countries in europe that embraced new technology and London is the financial hotspot in europe too. It makes sense that Britain stays ahead leads the way toward innovation and transformation.
jr. member
Activity: 112
Merit: 4
wow this is good news, with the increasing number of things like this is of course the era where crypto will lead the world's finance will be more quickly realized, and not only you can buy property with crypto, in singapore there are hotels that offer his guests. to pay with crypto, this link http://bitcoinist.com/entrepreneurs-venture-hotel-tribe-theory-accept-bitcoin-ethereum/
hero member
Activity: 826
Merit: 501
Undoubtedly good news. I am glad that such large construction companies follow new, promising technologies. I hope that such companies, which can accept crypto-currencies as payment, will be more.
For me , it is an advantage for companies to take bitcoin as a form of payment  because it could actually help them to earn more and to have a bigger profit because having bitcoin is initially an investment itself. It would definitely a big step for development and progressive change to have the future currency to have a future house.
full member
Activity: 448
Merit: 102
wow, very interesting, and an excellent contribution to the advancement of bitcoin and crypto world, I think what he did would make spreading and bitcoin volume increase.

so the minimum public can know about bitcoin.
sr. member
Activity: 462
Merit: 252
more good news , this is exactly what bitcoins needs if we are spending our bitcoins and not just holding them of course this will push the acceptance of bitcoins as a currency, jamsey hagan , managing director of hagan homes commented that their acceptance is basically a reflection of their willingness to respond to the market ......bitcoins is getting help its now up to us to encourage the spending of bitcoins because if we continue to hold all our bitcoins then we are stifling the market and bitcoins and by extension our own investment, as if we continue to just hold then people will stop accepting bitcoins as a payment because it makes no financial sense to train people in an area that is rarely used so people please craft your portfolio with a portion dedicated to spending .At this point bitcoins acceptance as payment for goods is not great so when these opportunities arise we need to encourage and support them.
full member
Activity: 504
Merit: 105
There is also apartments being on sale for BTC on Miami, Florida. Smiley

There are real estates on sale for BTC in a lot of countries - I've seen especially a lot of in Asia.
That is a very good signal for the cryptocurrency market. I am also planning to buy a house and it is great if I can buy it with bitcoin. I will learn about buying bitcoin in my country, this is a great suggestion.
sr. member
Activity: 350
Merit: 250
There is also apartments being on sale for BTC on Miami, Florida. Smiley

There are real estates on sale for BTC in a lot of countries - I've seen especially a lot of in Asia. The prices are usually not that good tho but its good to see it happening.
full member
Activity: 196
Merit: 100
There is also apartments being on sale for BTC on Miami, Florida. Smiley
hero member
Activity: 742
Merit: 500
Well this is a good news and this is the reason why do people still using bitcoin until this point, bitcoin should be used for something like this. People should not complain about the fee anymore because bitcoin is only used for purchase house or another expensive thing, bitcoin is not just suited for small transaction, a market with the big transaction have to use bitcoin as their payment method cause it's really cool and simplest.
hero member
Activity: 644
Merit: 501
Welp, more and more people start using crypto currencies every day. Bitcoins is destined to grow in the upcoming years, just watch it!
jr. member
Activity: 225
Merit: 2
This is a good thing for Britain community specially to those who use bitcoin. Accepting payments using bitcoin in selling a house or buying it is actually quite good as they are trying to cope with the advancement of currency as bitcoin as it is. I am sure that they will immediately gain potential buyers through implementing it and this also helps them to promote their properties so that they will also gain trust and interest for those cryptocurrency users.
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