In some countries you can't rent an apartment with bitcoin, because the people that owned those apartments doesn't deal with bitcoin, but people that knows about bitcoin can agree to receive payment with bitcoin, the way I'm seeing things, I may say it happens to everyone, a house Owner will determine the condition they will take their rates, so from your subject, it's possible for someone to buy a house with bitcoin, it depends when you invest and the amount of Bitcoin you have, and if the owner of the property can accept bitcoin as payment option.
It is not impossible to pay for house rent with Bitcoin. If the owner of the house and the person who has accepted the house rent , then the house can be rented with Bitcoin. But if we want to buy a house with Bitcoin, then even if the owner of the house and the buyer agree on their terms, it will not be possible to buy the house. Because when you buy a house with Bitcoin, you have to share your financial information with the government of that country. If the government allows Bitcoin, then it is possible to buy the house, otherwise it will not be possible. But if both parties want to buy and sell the house with Bitcoin, which is possible, they must show the government the equivalent amount of fiat money for the purchase of that house. Otherwise, it will not be possible to buy directly with Bitcoin.
In most countries where Bitcoin is not recognized as legal tender, authorities might require transactions to be registered and translated into traditional financial terms. If both parties agree, the government could still intervene and audit the transaction to ensure compliance with fiscal and legal regulations, but they would not prevent it if nothing illegal is found. For instance, a person could simply sell a house in exchange for a symbolic item, such as a pin, since the value of a pin is subjective. However, legally speaking, the contract must adhere to regulations such as the official appraisal of the property and tax declarations.
Yes, this is true. Actually, it depends on which country we come from, maybe if we live in El Salvador, transactions using bitcoin will not be a problem because there bitcoin can be used for transactions. However, when we live in a country that requires every citizen to use fiat as a means of transaction, then making transactions with bitcoin will be a legal problem. Although transactions with bitcoin between buyers and sellers agree, in the eyes of the law of this country it will be a legal problem, especially if buying a house or property, of course you must comply with government regulations because this also involves taxes.
So in my opinion, it is better to follow government regulations than to use bitcoin transactions but break the law. Bitcoin was indeed created as an alternative to fiat, but we must also comply with the regulations of a country because this will be wiser in using bitcoin.
I have a Binance card and im using it up like my typical debit/credit card on which of course its a great convenience since you do really just that need top up came from your Spot balance into your card balance in just few clicks. Same goes into those crypto payment options on which these are making use of crypto processors as well on which its already available in some countries, but if we do speak about p2p transactions on using up Bitcoin wallet to Bitcoin wallet then i dont believe that much that these are rampant and I do see up that majority will be making use of payment processors on which it will be just that the same on a typical fiat transactions. Here in our country there are some things that can be bought by crypto but since this will be done on p2p then i dont know if there will be that enough trust in between buyer and seller on making up such deal. If these things be done on physical manner then its just fine but if its done through online then hesitance will be there because of trust issues.
It's okay for a department's room rent or unit rent to need to be constantly updated with the price of Bitcoin. That's why apartment owners will not accept house rent or apartment room rent in Bitcoin because the price of Bitcoin fluctuates constantly, which requires updating the rent and is a very troublesome task. However, in countries where Bitcoin is accepted, if goods can be exchanged for Bitcoin, then flats or houses can be bought and sold.
If someone do builds up a business and wanting up on having no continuous of updating on price on which they will be rather go into the path on trying to make use of payment processors on which those payments made will be directly or basing up into the current price of Bitcoin at the time that they are buying up something with it then it do automatically adjusts and everything would be done on an instant on which this is the reason on why there are still some merchants who do accepts Bitcoin or crypto payments on buying goods and other. Each country does have their own stance towards Bitcoin or crypto.