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To: BiglyCommentary
Just using btc as a short term payment method in real estate offers no real advantages over traditional payment methods such as a wire or certified check.

No advantages for the buyer or the seller?

For the seller, the advantages are almost instant settlement, and no cross-border fees if money is moving in between countries.

For the buyer, they’re almost always spending gains anyway, and it’s cheaper to pay in Bitcoin than to cash out what you need on an exchange, then pay the wire or ACH fees.

70 posted on 05/09/2022 4:31:22 PM PDT by GunRunner
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To: GunRunner

A wire is $25. A certified check is a few dollars. What would the exchange cash out fee be for that hypothetical $600K real estate deal?


73 posted on 05/09/2022 4:37:24 PM PDT by BiglyCommentary
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