First Bitcoin Real Estate Agency Sold Its First House In Texas

Just one day after Ray Dalio said that Bitcoin is a bubble, a Texas Bitcoin Only Real Estate Agency sold their first house in Texas. Here are some quotes:

“In all of my 33 years of closing transactions, I honestly couldn’t have expected something so unique to go so smoothly,” Kuper Sotheby’s Sheryl Lowe, the buyer’s agent, said in a press release. “In a matter of 10 minutes, the bitcoin was changed to U.S. dollars and the deal was done!”

"Futurism opines that the real estate transaction is "further proof" that bitcoin isn’t “a fraud." Instead, the transaction is another example of the increasing acceptance of cryptocurrencies, which are poised to revolutionize a variety of industries beyond finance, from transportation to entertainment to politics."

So, another milestone has been reached. I know there are other international real estate agents that only deal with Bitcoin but this seems to be the first one in the US.

Sources:

https://futurism.com/bitcoin-was-just-used-to-pay-for-a-new-home-in-texas/
http://www.zerohedge.com/news/2017-09-20/somebody-just-bought-house-bitcoin