Bitcoin
Who would’ve thought even 10 years ago that cryptocurrency would become such a part of the American financial scene that you could use it to buy a home without converting it to cash? Well, that’s where we are now. It’s such an institution that crypto mortgages have entered the lending space. I’m clearly behind the…
Have you seen some of the internet stories that claim it’s possible to buy a home with cryptocurrency? These interesting tips and suggestions are given by folks trying to sell and promote cryptocurrency. The truth of the matter is that you currently cannot purchase real estate in Texas with any currency other than U.S. dollars.…
By Mike AlbaneseSpecial Contributor A Dallas-Fort Worth real estate investment executive said Fort Worth could see a boom period as it becomes the first U.S. city government to mine for Bitcoin. “If this catches on, it could be huge,” said Cody Payne, Senior Vice President of Colliers International in Fort Worth. “For one, it could…
A historical hotbed for high-tech innovation, Texas leads the country in everything from space travel to telecommunications. In 2017, the Lone Star State found itself fronting a futurist movement in using Bitcoin to buy homes. The first purchase, brokered by Kuper Sotheby’s International Realty in Austin, set the stage statewide for revolution in real estate…
The cryptocurrency boom of the last several years carries implications across a myriad of market areas. From the trading floor to tax law, this unique asset class gives many investors an array of options. And as the acceptance rate opens new avenues, some look to cash in while using cryptocurrency for home purchases. However, for…
