People can now buy gaming memberships, paintings, pizza, and many other items in exchange of Bitcoins. But it has been a wonderful eventuality when a real estate owner listed his property for sale only in exchange of Bitcoins. This virtual currency will be used for buying a large, beautiful and exotic condo that too with an ocean view.
Making this wild imagination coming true, BitPremier, the Bitcoin luxury marketplace, has recently listed an Ocean View condo for sale located in Grand Bahama Island. The fully furnished 550-square-feet condo can now be purchased in exchange of almost 5,623.147 BTC (the equivalent of $550,000).
“There’s a lot of wealthy bitcoin owners who have nowhere to spend them,” BitPremier founder and CEO Alan Silbert says in one of his interviews, “In general, we want to elevate the purchasing power of bitcoin and give the bitcoin community something they don’t have right now. It’s an amazing concept and opportunity, and it’s going to evolve many times over from here.”
This step has been speculated to bring much wider acceptance of Bitcoins in the market. The digital currency has lately been under heavy criticism when the rates dramatically dropped in the mid of the April. Despite many rumors of being “a dead currency”, Bitcoin now has retained to its normal position and proved all the conjured allegations false.
Now, with a major online seller supporting Bitcoins in its million dollar deals and promising hint from PayPal to add it in payment structure, this virtual currency has now found its place among the business ventures around the world.
It is not only the exotic Ocean View condo, BitPremier has also listed for sale in exchange of bitcoins some other properties such as Trump SoHo Hotel Condominium for sale at about 19,917 BTC (equivalent to $1,947,500), along with other items such as Limited Edition Signed Print Serigraph of LeRoy Neiman “Basketball Superstars” 1977 and an Ulysse Nardin GMT Perpetual Watch with combining worth of $34,650.
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