Seller Of Luxury Miami Condo Demands To Be Paid Exclusively In Bitcoin

in cryptocurrency •  7 years ago 

And they said bitcoin would never work as a currency.

While that might be true for small transactions - for now - real-estate markets across the US are increasingly demonstrating that bitcoin is a viable medium of exchange. Case in point: the seller of a luxury Miami condo will only accept payment in bitcoin. The asking price - according to real-estate listings site Redfin - 33 bitcoins, or about $550,000 at bitcoin’s present valuation.

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Sweet. That would be one reason for me to spend my BTC