Spain Looking To Accept Mortgage Payment In Crypto
Cryptocurrency is expected to be used as a means of payment for mortgage payment in Spain. This means that banks will have no other choice but accept cryptocurrencies and implement it into other sectors like insistance and all.
If you are on Hive and you are reading I guess you have already taken the first step in doing yourself a favor. All you have to do now is keep learning about crypto as you have gotten in. This is because, when the future comes, crypto will be the general currency that everybody will be using. Ethereum and Binance SmartChain will be the smart contract every one will build on, while Hive and all its communities will be the social media of the world.
You can see from spain’s drive towards bitcoin, the ruling people’s party in Spain is gearing towards promoting and making the technology better. The people’s party is a democratic political party in spain, they are promoting and encouraging the citizens to use crypto.
They aren’t just proposing accepting crypto as payment in the mortgage system but they are also encouraging the adoption of blockchain and smart contract for their insurance which is expected to spread up the process of their financial activities.
This is also massive PR for crypto because it has created awareness for countries who look up to Spain. They might implement this in their own system and before you know the crypto sector is mainstream. You will find crypto doing to banks and financial system what e-mail did to post office.
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i agree with this you are very right, u said in one of my comments recently that cryptocurrency is moving to another level entirely.
if you are in the crypto space now, i bet with you that you are still very much early, come to think of it that the number 3, cryptocurrency which is binance is just $300+
and the number 2 crypto which is ethereum is still $2500.
i can say it again and again that we are still very much early in crypto, buy as much as you can, especially coin like hive.
This is so true and on point