Topic: ABC News: Man Lists Bungalow for Bitcoins (Read 1143 times)
I think the price already crashed (to about $52ish), but now it's going up again ($65ish), just like it always does. Some people here think Bitcoin will someday reach $1,000. This man selling his house for BTC just demonstrates the fact that people's trust in government-inflated fiat currencies is decreasing, and demand & trust in sound money such as Bitcoin cryptocurrency, is increasing. Also, Bitcoin = liberation from financial tyranny, the ability to have financial privacy, and independent control of my finances.
First a pizza and now a bungalow!
I hope he'll find a btc buyer
I hope he'll find a btc buyer
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
Bitcoin price is not stable just yet. This sudden price increase is sure to crash soon. Those 5k bitcoins the guy wants might not be at all useful if/when the price crashes..
Quote
Taylor More is selling his family’s bungalow with an asking price of $405,000 (that’s Canadian dollars) or 5,521 Bitcoins. He would rather have the Bitcoins.
The two bedroom room and one bath bungalow in Alberta, Canada, sits on 2.9 acres of land along the Crowsnest River. That part of the deal is easy to understand. Why More wants Bitcoins isn’t.
“I just really believe in them and once I read my first article about them, I was hooked,” said More, who is 22 and said he used to be a currency trader. “I can take control of my own money, I don’t have to worry about the government stepping in and taking it and freezing my account.”
Read full article on ABC NewsThe two bedroom room and one bath bungalow in Alberta, Canada, sits on 2.9 acres of land along the Crowsnest River. That part of the deal is easy to understand. Why More wants Bitcoins isn’t.
“I just really believe in them and once I read my first article about them, I was hooked,” said More, who is 22 and said he used to be a currency trader. “I can take control of my own money, I don’t have to worry about the government stepping in and taking it and freezing my account.”
Just glad to see that Bitcoin is more and more popular among the leading news agencies. I hope that mainstream people will finally find BTC as safe haven for their assets.
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