In 2017, the first entire real estate transaction via bitcoin was completed in Texas. The broker, satisfied with the process, said, “In all of my 33 years of closing transactions, I honestly couldn’t have expected something so unique to go so smoothly. In a matter of 10 minutes, the bitcoin was changed to U.S. dollars and the deal was done!”
Cryptocurrency is moving into the mainstream as a payment and exchange option. But what exactly is it?