Today my mother-in-law was explaining a predicament she is in. She will be closing on a house she is buying here in Michigan next week. Her husband is traveling, she is here in Michigan, but their bank is in Illinois. They have been told they need to bring a certified check to the closing, which is happening over the Thanksgiving day holiday, but they do not yet know the exact amount they need to give. She is freaking out because she does not know if they can get the required money to bring to the closing in an acceptable form.

As I was listening to this, I was trying to figure out if using bitcoins could make things easier. (Yes, I know this would require many more people to embrace and accept bitcoins, just imagine with me here.) Using bitcoins would eliminate the weekend and holiday downtime. They know approximately how much they need, so they could have that and some extra in a wallet. Private keys are easy to take with you while traveling or moving across the country. They are as good as a certified check: once you send them, the recipient knows you actually have that amount of money, and there is no way for you to take it back. Assuming that the volatility is more contained in the future, they would not even have to have a set bitcoin amount, the price could be in dollars. They could then show up to the closing, where the final amount is decided upon. The price could be then converted to bitcoins using current exchange value and that amount of bitcoins sent.

So here are the things that need to happen for this future use case:
- More people must be aware of bitcoins, so that it will even be something they think of.
- Bitcoins must be designated as "not illegal" so that institutions such as banks will accept them.
- Value has to stabilize. A sale or buy of $50,000 should be shrugged off by the market as just normal trading.