Bitcoin Event in California Discusses Implications on Chinese Real Estate
A bitcoin event in California organized by Arcadia Association of Realtors (AAR) discussed the potential implications of the cryptocurrency on the Chinese real estate market. In particular, the CEO of Meson.re, which is focused on helping mainland Chinese investors purchase real estate in the US, explained how their service plays a role in the real estate industry in general. According to CEO Ragnar Lifthrasir, bitcoin could be used in the lucrative international real estate trade as it relates to California. "I think there's understanding of the problem and why there's a need in China.....
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Attendees of a recent Arcadia Association of REALTORS (AAR) event in California were each given $1 worth of bitcoin as part of a 9th July talk centered on the technology. The California-based trade organization offers behind-the-scenes services to real estate agents, including continuing education on subjects relevant in the San Gabriel Valley. The event was the organization's first aimed at highlighting bitcoin and its potential use cases in real estate. According to event emcee and Meson.re CEO Ragnar Lifthrasir, the emphasis for his talk at AAR centered on how bitcoin could be used in....
A Bitcoin real estate remittances company is working to lower the bureaucratic complexity of buying American real estate for the Chinese middle class. The venture, Meson.re, is the brainchild of Ragnar Lifthrasir, a real estate entrepreneur with over “eight years of experience including, analysis, investment tittle insurance and construction.” He is also the president of the International Bitcoin Real Estate Association. Capital controls in China are both limiting and discriminatory, weighing most heavily on the middle and upper class. Lifthrasir told CoinTelegraph that there is great....
The real estate industry is in urgent need of an organized, structured, secure and efficient data management system that would enable investors and brokers worldwide to rely on a comprehensive real-time database. Propy, a California-based Blockchain startup, intends to simplify real estate sales for both brokers and consumers using Blockchain. Propy is currently available in Dubai, New York, San Francisco, Los Angeles, Miami and Moscow. In these cities, consumers can purchase real estate properties by establishing a connection with a real estate broker on a Blockchain-based platform.....
A real estate buyer in California profited nearly $1.3 mln after purchasing $4 mln worth of Bitcoin with an intent to purchase a house in California. Earlier this month, BitPay chief commercial officer (CCO) Sonny Singh was approached by a real estate buyer based in California who wished to purchase a $4 mln house solely using Bitcoin. Singh and the BitPay team, which provides a wide range of Bitcoin services assisted the buyer and the real estate developer in coming to terms with the final settlement. At last, a $4 mln price tag was agreed upon to be fully paid in Bitcoin. The buyer went....
Next week Chinese investors in the Vancouver housing market will face a new 15 percent transfer tax that targets foreign nationals specifically. This particular real estate market has been a favorite way for Chinese investors to get their money out of the country, and as of August 2, it will cost them 15 percent more. Vancouver Real Estate Popular Among....