Bitestate Offers Purchase of Real Estate in Thailand with Bitcoin

Bitcoin fans see Bitcoin as the ultimate decentralized currency that is an alternative to centrally managed government currencies. Therefore, the Bitcoin community should be happy to see that Bitcoin is gaining more and more acceptance. Besides individual shops where you can buy food or other consumer goods with Bitcoin, to countries that accept Bitcoin as a legal tender, it is exciting to see that real estate can now be purchased with Bitcoin as well.

Thailand’s Bitestate offers the possibility to buy real estate with Bitcoin. The Bangkok-based company’s website states “Now you can buy real estate with bitcoin in Thailand! Choose from dreamy properties beginning from cozy apartments, beach houses, to luxurious island villas for the worthy investment of Bitcoins. Bitestate is your one-stop destination to buy property with bitcoin in Thailand including all the major cities like Bangkok, Pattaya, Chiang Mai, Phuket, etc. “

According to the company, Bitcoin and cryptocurrencies are taking the world by storm and offer an alternative payment method without the administrative hassle of using fiat currencies.

The crypto offensive in Thailand is taking on larger proportions. A number of young people in Thailand have already left their jobs in traditional industries and turned to the digital industry. This is matched by the acceptance of cryptocurrencies in major establishments such as The Mall.

The crypto industry in Thailand also made headlines last year after one of Thailand’s largest financial institutions Siam Commercial Bank (SCB) bought into crypto platform BitKub. SCB is said to have acquired 51% of the shares in the leading crypto platform in Thailand. This can be seen as a sign that cryptocurrencies are also attracting the attention of traditional financial institutions in Thailand. Critics saw this step, however, critically, because thereby the actual sense of cryptocurrencies, an alternative to the conventional financial system, is no longer given.

This ultimately speaks again for Bitcoin, because Bitcoin is the only decentralized system. Other cryptocurrencies can adjust supply, as seen several times in the past. In addition, Bitcoin’s security is based on the proof-of-work system. This is also a factor that shows that Bitcoin is not like other cryptocurrencies.

4 Comments

  1. […] In Thailand, the crypto community is also growing rapidly. Many miners have also come to Thailand from China. In addition, the government is trying to attract crypto fans with so-called crypto tourism. With the flagship unicorn Bitkub, the country already has a representative that is spreading internationally. The crypto platform is becoming increasingly popular in the country and has now attracted banks. Siam Commercial Bank (SCB) has therefore bought a whopping 51% stake in Bitkub last year. Its cryptocurrency KUB Coin is also gaining international prominence with its recent listing on CoinEx. In addition, regional coffee shops and stores have already started accepting cryptocurrencies for purchase, which was a huge step for the country. Moreover, in the country, you can already pay in some coffees with cryptocurrencies or buy real estate with cryptos. […]

  2. […] ในประเทศไทย ชุมชน crypto ก็เติบโตอย่างรวดเร็วเช่นกัน คนงานเหมืองจำนวนมากได้เดินทางมายังประเทศไทยจากประเทศจีน นอกจากนี้ รัฐบาลกำลังพยายามดึงดูดแฟน ๆ ของ crypto ด้วยการท่องเที่ยวที่เรียกว่า crypto. ด้วยเรือธงยูนิคอร์น Bitkub ประเทศมีตัวแทนที่แพร่หลายไปทั่วโลกแล้ว แพลตฟอร์ม crypto กำลังเป็นที่นิยมมากขึ้นในประเทศและดึงดูดธนาคารได้ในขณะนี้ ธนาคารไทยพาณิชย์ (SCB) ได้เข้าซื้อหุ้น 51% ใน Bitkub เมื่อปีที่แล้ว KUB Coin ของสกุลเงินดิจิทัลยังได้รับความนิยมในระดับสากลด้วยรายการล่าสุดบน CoinEx นอกจากนี้ ร้านกาแฟและร้านค้าในภูมิภาคต่างๆ ได้เริ่มรับซื้อสกุลเงินดิจิทัลแล้ว ซึ่งเป็นก้าวที่ยิ่งใหญ่สำหรับประเทศ ยิ่งไปกว่านั้น ในประเทศ คุณสามารถจ่ายกาแฟด้วย cryptocurrencies หรือซื้ออสังหาริมทรัพย์ด้วย cryptosได้แล้ว […]

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