News

Alberta Man Attempts to Sell His Home For Bitcoins

Bitcoin, bitcoins, man selling house for bitcoin, man selling house for bitcoins, Alberta man selling house for bitcoin, Alberta man selling house for bitcoins, Alberta man sells house for bitcoin, Alberta man sells house for bitcoins, things you can buy with bitcoin, where to buy bitcoin, where to buy bitcoins, can you buy real estate with bitcoin, can you buy real estate with bitcoins, bitcoin buys, bitcoin sales, Canada, vacation home sold for bitcoin, vacation home sold for bitcoins, where to buy bitcoins, where to buy bitcoin, what is bitcoin, what are bitcoins, value of bitcoin, value of bitcoins, bitcoin to dollar, bitcoins to dollar, virtual currency sales, selling virtual currency, taylor more, jayson more, bitcoin sales, bitcoins sale, bitcoin value, bitcoins value, how to get bitcoin, how to get bitcoins, bitmit, Crowsnest Pass,  Alberta, Canada, man selling house for bitcoin, man selling house for virtual currency, currency trader taylor more, currency trader bitcoin, trading bitcoin, trading bitcoins, silk road bitcoin, silk road, silk road bitcoins, digital currency,

For sale (via Taylor More)

Are you in the market for a new vacation home in the Rockies, and have 5,800 Bitcoins you’d like to spend?

Well then you’re in luck, because an Alberta man trying to sell his family’s vacation home is willing to do the deal in the virtual currency.

Taylor More, who currently lives in Nashville, Tennessee, is hoping to sell a two-bedroom, one-bath bungalow in Crowsnest Pass, Alberta for either $405,000, or the equivalent in Bitcoins.

More, who only began collecting Bitcoins this month, told the Globe and Mail that he sees the listing as “testing the waters” for an unnamed future venture.

Introduced by a developer in 2009, Bitcoins are a decentralized digital currency based on an open-source, peer-to-peer Internet protocol. They can be exchanged or traded over the Internet directly through a website or a wallet file and one bitcoin is subdivided into 100 million smaller units called satoshis.

Popular with people who like their privacy, they can be used on some gambling websites as well as Silk Road, a black market site that sells illegal drugs.

More, a 22-year-old currency trader, maintains his interest in them is on the up-and-up.

I really wanted to get my hands on some Bitcoins and they happen to be quite hard to get if you want to get a large number of them. I kind of just said [to my dad], ‘Let’s be the first to do it. Let’s be the first to try and sell some real estate for Bitcoin and see what happens.’ Once I explained it to him, he was on board.

So, while listing the family vacation home, he spelled out that he’d happily accept Bitcoins, as well as cash if the price was right.

The home, located next to a river, sits on 2.97 acres of land and is nestled deep in the Rockies.

However, those interested and with Bitcoins to spare should contact More as soon as possible.

The digital currency is currently experiencing a massive spike in value, possibly connected to the Cyprus bailout, and the U.S. Treasury Department has announced it will be imposing financial regulations on the transfer of Bitcoins over $10,000 in value.

Bitcoin, bitcoins, man selling house for bitcoin, man selling house for bitcoins, Alberta man selling house for bitcoin, Alberta man selling house for bitcoins, Alberta man sells house for bitcoin, Alberta man sells house for bitcoins, things you can buy with bitcoin, where to buy bitcoin, where to buy bitcoins, can you buy real estate with bitcoin, can you buy real estate with bitcoins, bitcoin buys, bitcoin sales, Canada, vacation home sold for bitcoin, vacation home sold for bitcoins, where to buy bitcoins, where to buy bitcoin, what is bitcoin, what are bitcoins, value of bitcoin, value of bitcoins, bitcoin to dollar, bitcoins to dollar, virtual currency sales, selling virtual currency, taylor more, jayson more, bitcoin sales, bitcoins sale, bitcoin value, bitcoins value, how to get bitcoin, how to get bitcoins, bitmit, Crowsnest Pass,  Alberta, Canada, man selling house for bitcoin, man selling house for virtual currency, currency trader taylor more, currency trader bitcoin, trading bitcoin, trading bitcoins, silk road bitcoin, silk road, silk road bitcoins, digital currency, bitcoin bubble, bitcoins bubble, bitcoins collapse, bitcoin collapse,

Wanted: $405,000 in Bitcoins


View Larger Map

Win a $500 Amazon shopping spree

Join Heavy's daily email newsletter to enter to win a $500 Black Friday Shopping Spree on Amazon.
Read the sweepstakes rules here.

Leave a comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow

Get every new post delivered to your Inbox.

Join 832 other followers