alt Hacker NewsI am a dual citizen. I wanted to buy a condo near my parents where I spend my summers with my family. I have never in my entire life felt like a criminal more than trying to buy something, with the money I made with my wife, going through regular financial system. after weeks of feeling like a criminal over coffee with my cousin who owns the company that was selling me the condo I was like “can I just fucking give you two bitcoins on a thumbdrive…”
I would never own a crypto but working with the current financial system can make you feel like a criminal more than crypto at times… :)
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What made you feel like a criminal? Buying a home is fairly straightforward and has almost no state verification of any piece of it, at least in the US.
Was it something the state enforced, or something being done by the agents of the transaction (ie the mortgage company)?
If your funds are clean there is zero reason for the (unfounded) anxiety. Just follow through the motion.
A local agent on a flat fee will probably make things easier.
> after weeks of feeling like a criminal over coffee with my cousin who owns the company that was selling me the condo I was like “can I just fucking give you two bitcoins on a thumbdrive…”
and he said no, because you also can't do this. Bitcoin has not solved any problem there.
Foreign property ownership is not like buying an Armani bag when you visit Italy. The financial regulations are complementary to the legal ones. Besides, even if you just sent 2 bitcoins, what about all the remaining documentation? It's not gonna fill out itself