Bitcoin is a form of decentralized digital currency. Bitcoin is mostly traded though the internet. It can be used to buy, and sell product’s online. Bitcoin was created in 2009 by a secret coder popular known as Satoshi Nakamoto. Bitcoin was the first digital currency to emerge. Since then, there has been other digital currencies that have been created. However, bitcoin remains the most widely used digital currency. For one top acquire bitcoins, they must buy an item or they can exchange them for another form of currency. Bitcoins transactions are recorded on public ledger known as blockchain.
Transactions that involve bitcoins do not require third party servers. Connections are peer tro peer meaning that it takes a very short time to transact bitcoins according to realtor.com. Within a few minutes a transaction worth millions of dollars will be complete. This is a huge benefit given that normal bank transactions usually take a long time to complete. Another advantage that bitcoin offers is that, the charges for transferring bitcoins is very small. To transact bitcoins worth like a million dollars, the charges will be less than $10.
When compared to the bank systems, it comes out clearly that bitcoin is the better option. In the bank system to transact $100000, the charges are around $40000. So, when selling property worth like $5 million, the charges will be in excess of $100000. It is apparent for everyone that you can save a hefty ammoiunt of cash by opting for bitcoin over bank transfer.
Miami real estate sector has embraced the use of bitcoin. This is a trend that have been set by one of the home sellers in the areas called Mike Komaransky, who put up his property worth $6.5 million for sale. He want whoever gets to buy the property does so in bitcoins.
About Samuel Strauch
For anyone looking to buy a real estate property in Miami, Metrik Real Estate is the company to go to. Samuel Strauch is the principal of Metrik Real Estate. Samuel Strauch has deep experience in the real estate sector and knows what it takes to land a good property deals in Miami.
Samuel Strauch is highly learned in matter s of real estate and finance. He went to the University of Hofstra in Rotterdam, and the Harvard University. In both institutions he undertook advanced studies in real estate management as well as finance. He still in the process of making the company better.
Find more about Samuel Strauch: http://metrikholdings.com/samuel-strauch/