Bitcoin, ethereum, tether, dogecoin, and cardano are just a handful of the digital currencies that have been slowly edging their way into our financial system as the cryptocurrency craze spreads throughout the globe. People are using these forms of digital money to purchase everything from hamburgers to hotel rooms—and now, apparently, even the American Dream.
David Conroy, director of emerging technology for the National Association of Realtors (NAR), has been involved with this technology since 2013 and recognizes that houses, condos, and land may represent the next buying trend for cryptocurrency. In fact, NAR is already preparing to launch a presidential advisory group in the next few months to research the impact of cryptocurrency on the real estate industry.