First US Real Estate Transaction in Blockchain Completed

in #bitcoin7 years ago (edited)

It will be interesting to see how this blockchain trend develops. Will people eventually make real estate transactions in a way so that that is free of unnecessary taxes and fees? Will transactions be anonymous? It will be interesting to see the direction blockchain and cryptocurrency head in. I think it would be a good idea to set each local community on blockchains. Have all the mortgage money be deposited into a pool. Then have local communities vote on how this money is spent on bettering the local neighborhoods. The current fiat debt based mortgage system wastes the majority of the collective labor of society.

Here is a link to the article to read more: http://bit.ly/2paqSRo

Here is another article that goes more in depth:
Here’s more on the story. Meet the First American to Sell Her Home Using Blockchain - Futurism https://apple.news/AnTtS5Si-QpihOkHcUdRmcQ

#bitcoin #crypto #investment #hodl #pdx #portland

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For future viewers: price of bitcoin at the moment of posting is 8674.80USD

It’s a start. I love following blockchain trends. It’s the most interesting phenomena I have ever seen. Is it going to go away or will it dominate? Will the banking cartel step aside and retire? Interesting times.

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