Buying houses with Bitcoin

Whether or not you have a clear understanding of Bitcoin, the cryptocurrency that has taken the market by storm, it’s volatile tendencies have become very apparent. Bitcoin pricing peaked in December 2017 and has been on the decline since then.

There have been several real estate transactions where Bitcoin was used to purchase the property, however, within months both the buyers and sellers could have been in very different positions due to the rapid changes in valuation.

The article, L.A.’s real estate industry enters the age of bitcoin, by Jack Flemming Phillip Molnar, shares some interesting facts about the pros and cons of using Bitcoin for home purchases.

View the Article Here.

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