Aquila Cove, 100km south of Mackay, has been owned by the same family for generations and recently hit the market for 30 bitcoin or 440John De Costa, the owner of the 162-acre block of land, said he had been trying to sell the place on and off for five years for $2.2 million.
"They were looking for a property that offered them and their families a refuge from the world of COVID." "He explained it to us, and we sort of agree with the philosophy of cryptocurrencies, and bitcoin in particular," Mr De Costa said.Antonia Mercorella, the chief executive of the Real Estate Institute of Queensland, said this was probably the first time she had seen a regional Queensland property being offered for sale in this way.
Mr De Costa said he realised the use of crypto was not very common or widely understood in Australia, but he believed it was gaining momentum."Teenagers are buying apartments in New York with bitcoin that they've mined and that sort of thing.""For them to transfer bitcoin to me is a simple low cost, almost no cost operation," he said.
Dr Breidbach said to the best of his knowledge, there were no legal restraints on selling a property for bitcoin.
Never.
lmao No
Bitcoin doesn't attract land tax
No. Cause Bitcoin doesn’t do anything.
Never met anyone who can convince me that the security of Bitcoin and its derivatives is anywhere near that of money in a major bank I realise nothing is 100%
No.
Alexpylka it’s happening, apartment for crypto
It's not as if you can do go the opposite way
Sure, why not? I’ll throw in my super yacht as well.
No - real estate for fools gold? No way.
What you are really asking is 'would you swap you beach house for something that could quite possibly become worthless'?
Bitcoin is a scam. Thanks ABC for giving them free marketing.
Thats a no from me
Why can't the seller buy Bitcoin with the cash...why should the buyer risk their money if the sale doesn't go through ! If I had a beach house I would be selling it for cash...cash belongs in bank where it is safe as houses...:)
Maybe my beach house but not my house in the South of France or my pad in New York
If I had a beach house I would be selling it for cash...cash belongs in bank where it is safe as houses...:)
No
Hope not cause anyone can make a bitcoin. 16746374885736639595959595959599595855252525365774635285637252554856494969683635 ☺️ your welcome
No🤣
I wouldn't trade my dog for Bitcoin, not stupid enough to invest in virtual money, some mane money but at the expense of others.
No 😀