Daily Archives: May 29, 2018

Bitcoin Home Sale

Posted on at 8:35 pm by Andrea Webber

Bitcoin Home Sale

 

Sotheby’s International Realty recently announced having facilitated a first U.S. bitcoin home sale on a dollar value of a single bitcoin equalling $3,429.

The sale of the home in Austin, Texas, (price not disclosed) was based on the value of cryptocurrency backed by an online ledger called the blockchain.

One of the first purchases people make with their bitcoin windfall – a home!

Some lenders do allow borrowing against cryptocurrency … careful, thoug…

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