Bitcoin Real Estate Transactions Gain Popularity
McKissock
APRIL 3, 2022
With the rising normalization of cryptocurrencies in our marketplaces, it’s no surprise crypto has found its way into real estate. In recent news, the first commercial property in New York has been put on the market exclusively for Bitcoin — $29 million dollars worth, to be exact. Although using crypto to pay for real estate isn’t a new concept (we’ve already been using it for international transactions), it’s starting to become a more mainstream concept when it comes to local property sales.
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