Spain leads the world's cryptocurrency property market: Almost 300 homes are purchasable with Bitcoin or Ethereum in Marbella, Alicante and Barcelona - I’m summarising the article that you can read on The Olive Press:
“Spain is leading the global cryptocurrency property market with nearly 300 homes available for purchase using Bitcoin or Ethereum. **Forex Suggest's** recent research reveals **Spain's dominance**, followed by **Thailand and Portugal**. These properties average around €2 million in Bitcoin price, making Spain the sixth-most expensive country for cryptocurrency real estate transactions.
Many of these properties are concentrated in Spain's popular tourist destinations like Marbella, Alicante, and Barcelona. However, while cryptocurrency transactions offer advantages such as fee avoidance, their newness and volatility present challenges. Bitcoin's fluctuating prices can impact transaction values.
Despite these hurdles, the appeal of near-**instantaneous payments** is clear, particularly when compatible mortgage providers are available. Spain's strong presence underscores the increasing acceptance of cryptocurrencies in real estate.”
These incredible news about Spain + Portugal’s lenient crypto regulation that’s already been talked about in the sub make me bullish on the Iberian peninsula.
What do you guys think about crypto merging with the housing market? Or merely using crypto as a P2P payment method?
Berkshire is hoarding so. much. cash.
Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on
Where does this end up long term with small stocks suffering white giant caps are taking all the coin?
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The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...
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