Bitcoins: Cryptocurrency with future real estate financial possibilities.
- Imran
- Feb 1, 2018
- 2 min read
Updated: Oct 31, 2019

What are cryptocurrencies? These are digital currencies that use encrypted techniques to regulate the currency units and used for verifying funds transfer, which is an independent component from and not regulated by the central bank. These currencies were introduced in the late 1990s and were then used as a hobby, and since the last few years, it is just more than a hobby as the new digital currency has started to catch the attention of many people interested in investment and money-related activities.
Bitcoin is one of the first cryptocurrency introduced, and since its birth, it has become the hot cake of the digital currency in the digital market. As Bitcoin continues to be the hot cake in the digital market, many financial firms and its advisors face very tough situations and questions from the competition against the financial services offered by many of these financial companies or individuals. There are also situations customers for many financial firms have a lot of questions regarding investing in the cryptocurrency and how it is beneficial and risky at the same time.
Many of us feel like Bitcoin is like any other stocks in the stock exchange market, due to the risk factor of the cryptocurrency going up as high as closing $20,000 and dropping by 30% just days after nearly hitting the $20,000. The Bitcoins rate as per today is 9010.75 US Dollars per 1 bitcoin, which shows, unlike any other currency we use it is a risky investment for some who invested a while back. As technology and society evolve so does people's taste and adaptation of what is the new and trendy gadgets, equipment, etc.
In some places, however, it is not a surprise that people use Bitcoins to deal with real-estate exchanges. There are also multiple websites like http://bitcoin-realestate.com/ that allows realtors and the house owners to sell in exchange for Bitcoins.
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