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notsofrenchguy

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Everything posted by notsofrenchguy

  1. [quote user="Beckett"][quote user="notsofrenchguy"] Bitcoin educated people ... However in the case of real estate sales, crypto currencies can bring advantages... Bitcoins in the hope that they will increase in value in the future, which could be wise in my opinion. [/quote] I think/you know/where this about to go[/quote] I'm not trying to go anywhere, I would simply like to discuss the financial and legal aspects of the subject I've raised.
  2. OK so the notary would be paid in euros, for the taxes and their fee? However, they then will have no proof of the actual sale price, which is what those fees are based on, how could they verify that. There are lots of rules associated with house sales in France, including the Mairie having the right to purchase if the price is 'right' for them, ie someone selling at too low a price. Laws apply equally to Corsica as to the rest of France. The notaire involved in property sales has to inform the Mairie. Since the euro is the standard currency in France, unlike Bitcoin, the price will be set in euros, so calculating the fees will not be a problem. Bitcoin is simply the unit of account used for this transaction at a given time, the price of the house remains assessed in euro. There is nothing mysterious or dark about it. It's just more convenient for me to pay in Bitcoin, as it could be in any other foreign currency.     Frankly I do not understand bit coin, as strange an unreal to me as the Tulip Mania of 17th century Holland and the South Sea Bubble of almost a 100 years later. There's not much to understand about it, although the technical side is fascinating and can be the learning experience of a lifetime. One could simply say that Bitcoin is a currency that exists on the Internet and can be used for a whole range of applications.
  3. I am well aware that Bitcoin educated people are a minority, both in France and elsewhere in Europe.  However in the case of real estate sales, crypto currencies can bring advantages. With Bitcoin, the transaction is done instantly and is considered absolutely irredeemable once it has been confirmed 6 times on the blockchain, which takes barely an hour. The seller can then immediately convert his bitcoins to Euro before any price fluctuation; I would no longer be concerned. Of course he can also keep his Bitcoins in the hope that they will increase in value in the future, which could be wise in my opinion.
  4. In that case I might have to find a Corsican notaire, since they are reputed to be less concerned about these kinds of normative details...
  5. Thank you for your response. Actually I just need the seller to accept Bitcoin as a means of payment. The notary will of course be paid in Euro, since the French state does not accept this currency.
  6. Greetings to all For private reasons, my current goal is to buy a property only using Bitcoin. I am looking for a house in the Lot et Garonne department, with at least 4 bedrooms and 1000 square meters of land. My budget is 500 000 euros, which is about 60 BTC at the current rate. Please send me a private message if you know a real estate agent who sells in Bitcoin, or if you have a property for sale in Bitcoin Thank you very much. Looking forward to reading your answers !
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