Sant Agostino (Italian auction house) now accepts Bitcoin!
Sant Agostino (Italian auction house) now accepts Bitcoin!
Image source: http://btc-times.com.
The Torino based company in decided that they will accept Bitcoin on the auctions.
Looks like Bitcoin is gaining a foothold on another field. Sant Agostino is the first auction house in the world, which allowed to use Bitcoin. Experts saying that they explain this decision by the fact that this solution is faster and cheaper that the solutions used so far - News reported by La Stampa.
At Sant Agostino they do the first auction (where Bitcoin is also accepted) on Monday and Thursday. On the events they will sell numerous objects, a part of these objects was owned by Gio Ponti, an Italian architect, industrial designer, furniture designer, artist, and publisher. Ponti founded the Domus magazine (in 1928) which was internationally considered as one of the most recognized European architecture and design magazine. Besides this he worked as a professor on the permanent staff of the Faculty of Architecture at Politecnico di Milano University for 25 years (from 1936 to 1961).
On the next auction, which will be on November 27, they will also accept Bitcoin and the people can buy paintings, sculptures and jewelries. Bitcoin is allowing faster transfers and transactions have low fees. Agostino Ghiglia, former Italian highlighted that Torino is the capital city of the innovation and ready for the first Bitcoin involved auction.
its cool seeing businesses accepting bitcoin and other cryptocurrencies
its cool seeing businesses accepting bitcoin and other cryptocurrencies
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