Luxury villa goes up for sale in Bitcoin

dejavu (48)in #bitcoin • 7 years ago

tefan Christiani, a 36-year-old Swiss resident, is looking to cash in on the trend of Bitcoin’s recent success by putting up a friend’s seven-and-a-half-bedroom Villa in the town of Ascona up for sale at 829 BTC (around $2,249,000 currently).

“As a student of Computer Science, I strongly believe that Bitcoin as a virtual currency has significant advantages over traditional flat currencies like the dollar, the euro and other common currencies,” said Christiani. “Bitcoin is quick, simple, safe, requires no banking infrastructure and will, from my point of view, revolutionise the way we exchange money.”

While Bitcoin continues to try and define itself, and truly outline its use and practicality, it is instances like this that drive the cryptocurrency towards its white paper predestined use; a decentralised digital currency that revolutionises trade and exchange across the globe.

It is a ground-breaking move not only for Christiani and his potential buyer, but for the cryptocurrency as a whole. The more functions and uses that can be sought, the more Bitcoin can be utilized and expanded. When cryptocurrency enters the mass market with ATMs, housing sales and internet payments, it soon becomes mass adopted and part of the norm.