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RE: Penthouse in Miami going for $3.5 million worth of Bitcoin (or Ether)
Nice one @jrcornel.i think receiving money for services in crypto currency does not have any direct gain to the person buying the house, since he will buy it at the current price of the currency with respect to the dollar. It would be the seller that would have the greatest potential gain, because if the coin appreciates in value, then he will have a lot to gain, far above the price He sold the house for,and also there would be a gain for the crypto industry in general, cause increased use of crypto would lead to increased value of crypto. So in my own understanding the buyer and seller will both gain in the long run, while only the seller has the potential of gaining in the short run that is at the time of the sale. Great article
Though the buyer might feel bad if he paid in bitcoin priced at $7,600 only to have to it run to $10,000 a few weeks later. Buyer's remorse. ;)
Lol, but it would be the same thing as buying it for $7600 cash, and the bitcoin price then goes to $10000. I feel the only person that would feel bad will be the seller if he sold the house for $7600 bitcoin, and bitcoin falls to $6000.😂😂