Bitcoin and other cryptocurrencies are all the rage right now and are beginning to make their ways into everyday transactions— including real estate transactions. This article discusses whether using cryptocurrencies to complete real estate transactions will become the norm in the near future. Cryptocurrency laws in general are few and far between, but laws surrounding cryptocurrency and real property are even more sparse. Recent case law involving cryptocurrency is a major focus of this article, along with background knowledge about cryptocurrency and the meaning of “money” as we know it today. The article concludes with a discussion about the unlikelihood of real estate transactions being conducted through the use of cryptocurrencies when few are willing to put full trust in their long-term acceptance.
"The Future of Cryptocurrency and Real Estate Transactions,"
Touro Law Review: Vol. 38:
3, Article 6.
Available at: https://digitalcommons.tourolaw.edu/lawreview/vol38/iss3/6