In the next five years, 50% of real estate transactions will take place in cryptocurrencies. This forecast was given by a realtor from the United States, writer and reality TV actor Ryan Serhant in an interview. Decrypt…
“There will just be a lot of cryptokits moving money and investing in hard assets, buying penthouses and all that. I think we are at a unique moment in time, ”he said.
According to the realtor, by the end of the year he expects to close one or two such transactions, and then another six or seven through the BitPay crypto-processing.
He believes that cryptocurrencies will become a common means of payment in the housing market and banks should add their support. However, this time has not yet come, says Serhant.
“Now, if I go for a home loan and declare that all my assets are in Solana, Ethereum and Bitcoin, the bank will say: ‘Yes, this is too risky and volatile, we cannot lend for it, maybe 25% or so addition, “” said the real estate agent.
Serhant also stressed that realtors cannot sell houses to any owner of a bitcoin wallet – the rules must be taken into account. KYC [3 — desert]so as not to contact criminals or persons under US sanctions.
“I am definitely a supporter of trustworthy money. At the same time, the ability to purchase cryptocurrency to buy things like a house and all that makes this process faster and easier, ”he added.
Recall that an anonymous buyer paid $ 22.5 million in cryptocurrency for a penthouse in the luxury condominium Arte Surfside in Miami. The homeowner opened the sale for digital assets in May.
Subscribe to Cryplogger news in Facebook…
Found a mistake in the text? Select it and press CTRL + ENTER
In the next five years, 50% of real estate transactions will take place in cryptocurrencies. This forecast was given by a realtor from the United States, writer and reality TV actor Ryan Serhant in an interview. Decrypt…
“There will just be a lot of cryptokits moving money and investing in hard assets, buying penthouses and all that. I think we are at a unique moment in time, ”he said.
According to the realtor, by the end of the year he expects to close one or two such transactions, and then another six or seven through the BitPay crypto-processing.
He believes that cryptocurrencies will become a common means of payment in the housing market and banks should add their support. However, this time has not yet come, says Serhant.
“Now, if I go for a home loan and declare that all my assets are in Solana, Ethereum and Bitcoin, the bank will say: ‘Yes, this is too risky and volatile, we cannot lend for it, maybe 25% or so addition, “” said the real estate agent.
Serhant also stressed that realtors cannot sell houses to any owner of a bitcoin wallet – the rules must be taken into account. KYC [3 — desert]so as not to contact criminals or persons under US sanctions.
“I am definitely a supporter of trustworthy money. At the same time, the ability to purchase cryptocurrency to buy things like a house and all that makes this process faster and easier, ”he added.
Recall that an anonymous buyer paid $ 22.5 million in cryptocurrency for a penthouse in the luxury condominium Arte Surfside in Miami. The homeowner opened the sale for digital assets in May.
Subscribe to Cryplogger news in Facebook…
Found a mistake in the text? Select it and press CTRL + ENTER
