Jamestown will accept rent payment in cryptocurrency

[Lens1000]

We could not dispute the fact that cryptocurrency as made it way into the real estate development and management sector of the world. This is why we see the non-fungible tokens used in the real estate management. So many estate management company are going into the world of the non-fungible token by minting their estate in NFT. This is what is happening around cryptocurrency development and we have also seen an estate based in the US states accept payments for the purchase of its properties in bitcoin or any other cryptocurrencies.

An estate based in Miami, last year accept cryptocurrency as one of its payment option for the purchase of its expensive properties. In the same vein, we have Jamestown, a global real estate investment and management firm also planned to accept rent payment in cryptocurrency. This is a new development around cryptocurrency which is one of the largest real estate management and investment firm. Jamestown will execute these projects in conjunction with bitpay the largest provider of cryptocurrency payment services in the world .

The cryptocurrencies that will be accepted by he the world's largest real estate management an investment company are BTC, BCH,ETH, WBTC, DOGE, LTC and stablecoins which are GUSD, USDC, USDP, DAI, and BUSD

 

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The company has made a very big news by accepting cryptocurrency as one of its payment option for the purchase of its properties or for the rent of its properties. The use of cryptocurrency in all ramification has gained popularity in the world and this big company tapping into the opportunity is a big milestone for them. Using cryptocurrency as a as a rent payment for the properties of this particular company would increase the crypto portfolio of the company making it another means of Investments into the crypto world. The reason why most of the companies or conglomerate are using crypto as a form of payment is to invest in the crypto market using the hodl strategy. Most especially bitcoin is very good for this type of strategy because the antecedent of Bitcoin shows that it will definitely surge in the future making it a very good form of investment by holding it for a very long time. This is why most of the companies that we are talking about use majorly the bitcoin as a form of payment because of this promising long-term investments. The cryptocurrencies accepted by the company will make them diversify a crypto investment portfolio.

 

[Lens1000]

The companies that are involved in real estate management now decided to delve into cryptocurrency investment by accepting purchase of the properties and rent in cryptocurrency. The first estate management company that accepted cryptocurrency as a means of payment for the purchase of its luxurious and expensive properties is located in Miami and this happened when The cryptocurrency miners were chased out of China and they were invited by the mayor of Miami to come trade in that jurisdiction. And at this time, we have so many estate management companies that are willing to involve themselves in the cryptocurrency world and that is why you see them accept payment of rent and purchase of the properties in cryptocurrency. After so many years, we have seen so many real estate management companies involved themselves in cryptocurrency investment and it is a means to widen their investment portfolio because the money that is stored in crytpocurrency would definitely appreciate in the future and it will mean a lot of gain for the company. The major reason why most of the company accept cryptocurrency as payment option is to increase their crypto portfolio and to add investment in cryptocurrency as a whole .