Selling with Bitcoin in Flora Hill | DOMAIN

December 30 2017 - 8:30am

The owner of a property in Flora Hill has put his house on the market and will accept Bitcoin as the method of payment. The cryptocurrency was founded in 2009, with a number of properties accepting Bitcoin as payment or part-payment hitting the market this year. “Bitcoin, just like any fiat-based currency, can be traded for Australian dollars,” says Johnny El-Halabi, director at The Realest Estate. “The transaction would be based through standard real estate law, consistent with any normal purchase of a home.”

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