With the surge in popularity of cryptocurrency, it’s becoming more acceptable to pay for things with bitcoin. However, given the volatility of cryptocurrency exchanges, accepting bitcoin can result in a loss for the seller if the market takes a downturn. One enterprising individual is hoping to cover any possible losses, and likely secure a gain, demanding a premium for accepting bitcoin.
Hedge fund manager Claio Guazzoni de Zanett is selling his Manhattan townhouse, and potential buyers can pay the $30 million listing price in cash, with a mortgage loan through a bank, or use cryptocurrency to fund the transaction. If you use cryptocurrency, though you’ll have to pay $45 million. That’s a whopping 50 percent premium over the traditional list price.
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