Source: Forbes —
With the arrival of Bitcoin in 2009 and subsequent blockchain currencies, conversations about crypto real estate immediately followed, albeit in hushed murmurs.
Fast forward to today and stories of seven-figure crypto real estate transactions have the industry abuzz. As with any burgeoning technology—especially one promising revolutionary change—there are believers and skeptics.
What cannot be debated, however, is whether or not anyone with a vested interest in the real estate market should be keeping a close eye on the happenings of crypto real estate. As Scottish author George MacDonald once said, “The best preparation for the future is the present well seen to.”
While crypto real estate sales are gaining traction in Manhattan and Miami, other global and luxury markets are testing the waters. In the Bahamas, what was once mere crypto curiosity is now quietly changing the landscape of how property purchases are completed, says founder and CEO of MAISON Bahamas, Ryan Knowles.