If you’re not ready to throw down cash for that new house, maybe you can dig deep for some … bitcoins?
One seller in the Hamptons is asking nearly $800,000 — or that value in bitcoins — for a four-bedroom, ranch-style home first listed in October. Earlier this week, a former casino owner said he’d be willing to accept bitcoins for his $7.85 million Las Vegas home.
Bitcoin is a digital currency introduced in 2009 that is not backed by a central bank or government. The currency can be traded online through unregulated Internet exchanges.
Since a bank isn’t involved, using bitcoins can have fewer fees than traditional transactions.
But bitcoin prices fluctuate daily, and likely would be determined by the average exchange…
View original post 169 more words