How Facebook’s “Project Libra” is going to Revolutionize the Rental Game
Cryptolandlords, Rent Payments & Facebooks “Project Libra”
Cryptocurrencies aren’t going anywhere and the world is slowly adapting to that fact. After Bitcoin made headlines in 2016, ’17 & ’18 it has become apparent that not only are cryptos becoming more popular as investment opportunities, they are being traded by a number of people for real assets.
When it comes to property for example, there are whole real estate agencies dedicated to selling properties using crypto. In the UK the first houses sold for Bitcoin in 2017 and the new owner of two homes claimed he would be renting them out in Bitcoin too!
This is fairly convincing proof that people want to use Cryptocurrencies as currencies, they just need to be given the opportunity to do so.
However, Cryptos aren’t without their issues, both technical and practical. For example, you can’t currently go into a shop and pay using whichever of the cryptocurrencies you have bought into. If it’s not changeable in a real world environment then can it really be deemed as a currency?
The second is the ability to process transactions. “On average Bitcoin processes about 7 transactions per second, which makes it pretty slow compared to Ethereum (15) and Ripple (the fastest major…
