The Bitcoin housing market continues to grow exponentially with more and more extravagant real estate making money. news. There are stories of mansions and luxury apartments up for sale in Bitcoin, but now there is a small Grimsby House
Grimsby on the northeastern coast of England n & rsquo; Is not a place of glitz and glamor. where one would expect a lot of a Bitcoin boom. However, there is now the chance to own real estate in the English city for only 18 BTC.
Better than Sterling
Sean Atkinson, a 49-year-old independent artist decided to put his terraced house on the market in Bitcoin after seeing other more sumptuous properties are being put into place. sale in digital currency.
He said, "Why not a terraced house in Grimsby?" adding that he would repaint the humble abode in the hope of adding to its attraction with the buyers.
Atkinson, who announced his home on his website, thinks Bitcoin is a better bet than having his money tied up in sterling (pounds sterling)
A problem of
Atkinson, who clearly believed in digital currencies, confessed that he would have to charge a little more in cash to appease the lawyers.
"For me seems to be a much better long-term investment.Unfortunately, I can not do all the selling in Bitcoin, because of the process that I have to go through with my lawyer, which means that there is also a required cash payment of £ 100. "
" This has been a family home and a shared house inhabited by several artists. "We are currently in the process of to make magnolia and white ready for the new owners, although we would contact you quickly if you wanted to let the walls and ceilings fly away. "
Decentralization of the Housing Market
Bureaucracy, paperwork and boredom in the sale of a home, many buyers and real estate sellers really see the benefits in Bitcoin.
Bitcoin allows homeowners to pay no cost of transaction or b need to use banks – and anonymously.