It’s hard to go anywhere without hearing people talk about bitcoin, and apparently you can now use it to buy real estate.
I just read about a man in Miami who bought a condo for 17.7 bitcoin (aka about $275,000). He didn’t convert his bitcoin into cash, which is what people usually do – the buyer and the seller actually exchanged cryptocurrency. I think we’re only going to see this trend continue, and it’ll be very interesting to see how it impacts the market. Are you doing anything with cryptocurrencies?
If you have any questions – bitcoin related or not – about the market, you’re always welcome to reach out to me.