Bitcoin Forum
May 09, 2024, 05:01:22 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: ABC News: Man Lists Bungalow for Bitcoins  (Read 1143 times)
zeroday (OP)
Donator
Hero Member
*
Offline Offline

Activity: 784
Merit: 1000



View Profile
March 22, 2013, 08:08:23 PM
Last edit: March 22, 2013, 08:40:09 PM by zeroday
 #1

Quote
Taylor More is selling his family’s bungalow with an asking price of $405,000 (that’s Canadian dollars) or 5,521 Bitcoins. He would rather have the Bitcoins.

The two bedroom room and one bath bungalow in Alberta, Canada, sits on 2.9 acres of land along the Crowsnest River. That part of the deal is easy to understand. Why More wants Bitcoins isn’t.

“I just really believe in them and once I read my first article about them, I was hooked,” said More, who is 22 and said he used to be a currency trader. “I can take control of my own money, I don’t have to worry about the government stepping in and taking it and freezing my account.”
Read full article on ABC News

Just glad to see that Bitcoin is more and more popular among the leading news agencies. I hope that mainstream people will finally find BTC as safe haven for their assets.
1715274082
Hero Member
*
Offline Offline

Posts: 1715274082

View Profile Personal Message (Offline)

Ignore
1715274082
Reply with quote  #2

1715274082
Report to moderator
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715274082
Hero Member
*
Offline Offline

Posts: 1715274082

View Profile Personal Message (Offline)

Ignore
1715274082
Reply with quote  #2

1715274082
Report to moderator
1715274082
Hero Member
*
Offline Offline

Posts: 1715274082

View Profile Personal Message (Offline)

Ignore
1715274082
Reply with quote  #2

1715274082
Report to moderator
Remember remember the 5th of November
Legendary
*
Offline Offline

Activity: 1862
Merit: 1011

Reverse engineer from time to time


View Profile
March 23, 2013, 02:15:25 AM
 #2

Bitcoin price is not stable just yet. This sudden price increase is sure to crash soon. Those 5k bitcoins the guy wants might not be at all useful if/when the price crashes..

BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
knight22
Legendary
*
Offline Offline

Activity: 1372
Merit: 1000


--------------->¿?


View Profile
March 23, 2013, 05:11:49 AM
 #3

First a pizza and now a bungalow!
I hope he'll find a btc buyer  Cool

zhalox
Full Member
***
Offline Offline

Activity: 176
Merit: 106


XMR = BTC in 2010. Rise chikun.


View Profile
March 24, 2013, 03:28:42 AM
 #4

I think the price already crashed (to about $52ish), but now it's going up again ($65ish), just like it always does.  Some people here think Bitcoin will someday reach $1,000.  This man selling his house for BTC just demonstrates the fact that people's trust in government-inflated fiat currencies is decreasing, and demand & trust in sound money such as Bitcoin cryptocurrency, is increasing.  Also, Bitcoin = liberation from financial tyranny, the ability to have financial privacy, and independent control of my finances.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!