Tesla CEO Elon Musk could be the first Caruso tenant to pay rent in Bitcoin (BTC).
Los Angeles-based real estate company #Caruso has partnered with cryptocurrency exchange #Gemini to accept #Bitcoin (BTC) on its residential and #commercial properties. On top of that, it has put one percent of its treasury reserves in the largest cryptocurrency as a hedge against inflation.
#Tesla #CEO #Elon #Musk is also on the list of Caruso's tenants. The #e-car manufacturer sells its vehicles in Brand Americana, a large shopping and entertainment center in Glendale.
Real estate developer Rick Caruso, founder and managing director of the unnamed company, said Musk may be the first tenant to pay his rent in cryptocurrency, although he has not yet had any meetings with the eccentric entrepreneur:
“I didn't talk to Elon about this. As a pioneer, he may be the first to pay his rent in Bitcoin. "
As we previously reported, Tesla began accepting Bitcoin payments for its cars and services at the end of March, after announcing its $ 1.5 billion investment in cryptocurrency in February.
↘️Emphasis on Playing an Important Role
Caruso claims that Bitcoin and cryptocurrencies will play an "important role" in the future:
We believe that Bitcoin and cryptocurrency will play an important role in our collective future, and we now believe that working with Gemini will bring unique experiences and pioneering technology that add real value to our guest experience.
In an interview with #CNBC on the " #Power #Lunch," the billionaire claimed that the company's entry into Bitcoin was not temporary:
We look forward to the next decade, not the next year or five.
In addition to allowing its customers to pay lease with the largest cryptocurrency, Caruso plans to offer blockchain- backed rewards:
“When working with our loyalty program, Gemini and Winklevosses, what I dream of is that you will make money. You will earn a cryptocurrency. "