House Purchased for 1 Bitcoin Breaks a First in Kentucky!

Cryptocurrencies, which have expanded their usage area, have entered almost every area of ​​our lives. We can now buy anything we can think of with digital currencies.

As the adoption of cryptocurrencies continues worldwide and in life, especially Bitcoin (BTC) The number of related transactions is also increasing.

Latest development on the subject US state of Kentuckylargest city in louisvilleIt came from Bitcoin for the first time in the city –worth $65,000– a property has been sold.

The home in the Louisville Iroquois neighborhood took just 8 seconds to purchase. The transaction in question cost $0.70. Ashely Brown, real estate agent for Louisville Homepage Realty, which sold the house, said:

I told the buyer that I didn’t know if it was possible to use Bitcoin to buy the house. Because I wasn’t sure if it was legal or not.

1 Home for 1 Bitcoin

Brown also stated that the final price of the house, excluding all expenses, is roughly 1 Bitcoin—about $32,000.

The person who made the purchase stated:

I am happy to be able to help bring this technology into the future. There’s a lot of use for bitcoin, and I think we’re in the very, very early stages of that. It will be interesting to see where it goes.

On the other hand, this purchase is of course not the first use of Bitcoin for real estate buying and selling considering the world wide. In the past, many immovable properties were bought and sold via Bitcoin.

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