What Is Cryptocurrency
A cryptocurrency or, ‘crypto’ is a digital or virtual currency or asset.
They don’t exist physically, like a dollar bill or bar of gold.
There are over 2000 cryptocurrencies in use today according to Coin Market Cap, the most popular being Bitcoin and Ethereum.
Users can convert cryptocurrency into USD and vice-versa.
Cryptocurrencies are based on blockchain technology, sometimes referred to as Distributed Ledger Technology.
Blockchain is, simply put, a decentralized virtual ledger validated by a network of different computers.
When crypto is exchanged between parties, a block of information is recorded in a publicly viewable record of all transactions.
The history of the transaction is unalterable and transparent.
Crypto transfers are authenticated and encrypted by cryptographic systems, which enables secure online payments without the use of third-party intermediaries.
This process makes it near impossible to fake or double-spend payments.
Most cryptocurrencies use smart contracts, which automate the execution of an agreement so that both purchaser and seller can be sure of the outcome, without the need for a financial institution.
"Crypto Rich Targeting Luxury Real Estate" article from the National Association of REALTORS®
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PI CRYPTO UPDATE
PI MAINNET UPDATE 2/28/2025
We are incredibly grateful for the numerous phone calls and emails we’ve received at Zito Realty LLC regarding PI. It’s clear that many people are eager to learn more, and we want to provide some important updates.
PI’s Growth and Strength: PI was being used as a one-to-one type of currency in countries outside the United States. This demonstrated the growing validity and strength of the PI network.
As promised, PI officially launched on the open network on February 20th, 2025. It’s important to block out any noise or negativity surrounding this launch—PI never guaranteed a specific value, and its true potential will unfold over time.
Historical Context and Potential: For perspective, Bitcoin started at just $0.0009 with no face or major support, yet three years later, it reached $1. Today, Bitcoin has become a household name. Similarly, Ethereum began at $0.31 in 2015, and just three years later, it soared to $1,448.18.
When PI debuted on the open network on February 20th, 2025, it opened at $2 on the OKX market.
At Zito Realty LLC, we use the rates provided by various crypto market exchanges. These rates are set based on the supply and demand in the market, and we do not have the ability to change or set these rates ourselves. Think of it like a stock market where prices fluctuate based on market activity. We stay informed with the most up-to-date rates to ensure our clients are getting accurate and reliable information.
Yes, you can buy and sell PI in America .I just found the proper crypto app to move PI .I'm still holding on to ours but tested the waters with a few PI , We
tried it here in America. Download this https://accounts.pionex.us/en/signup?ref=vAn7S5jG
Considering that we earned our PI through mining as pioneers, this is a significant achievement. All good things come to those who wait!
Can You Purchase a Home with Cryptocurrency? Yes! We are excited to announce that Zito Realty LLC is now assisting people in purchasing homes with cryptocurrency, just as we’ve done with Bitcoin in the past.
The process is straightforward and works just like a traditional home purchase. We have a trusted partner company that facilitates these transactions, and we are already closing homes with cryptocurrency.
Here’s How It Works:
A KYC (Know Your Customer) verification is required for both the cryptocurrency and the buyer.
Once verified, the funds are securely placed into an escrow account at the title company, just like a regular home purchase.
If you don’t have enough PI to pay for the home in full, you can use PI as a down payment.
Protecting Yourself from Scams: As always, please take the time to research who you are working with to ensure you are in good hands. We’re here to answer any questions you may have about purchasing homes with PI or other cryptocurrencies.
Best regards,
James J. Zito III
Zito Realty LLC
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