There are title deeds and tax rolls. In many jurisdictions you have obligations like building codes that need to be inspected and an owner needs to be held to account. If you need privacy, you have to set up shell companies to act as the legal owner, not hide the payment from your bank or government.
Speaking of showing the source of the money, if you bought my house from me with bitcoin, I would have to speak to a lawyer about not running afoul of money-laundering regulations. And no, I won’t take the internet’s word for it that somehow, those laws only pertain to fiat currency.
Something tells me that the cost of fighting my government in court would far exceed the value of my home regardless of whether I was technically in the right not to fill out all those same forms.
Big issues, big risks, but maybe you have big balls too... I personally don't feel so self assured about myself.
Maybe by "international" you mean something else, but at least in the EU(and EEA and UK) transfers can be incredibly quick.
Even if it's less useful than, say, access to SEPA, it'd have to be 14x less valuable to break even (again, presuming internet access available to everyone, which isn't a thing yet).
People think that's a feature until they don't.
Not in the EU they don't. A SEPA transfer takes max 1 business day and is usually free. More info: https://www.gbm.hsbc.com/solutions/global-liquidity-and-cash...
Well, almost -- they do always feature cool progress bars as the money is transferred.