Man Buys Plot of Land in Nicaragua Using Bitcoin
Gregory Simon wanted to move to a tropical paradise. So unlike most of us, he decided to move there - using bitcoin. Simon managed to buy a 0.3-acre plot of land in the Paradise Bay area of San Juan del Sur in Nicaragua using the digital currency. "By using BTC we were able to complete the transaction quickly with no need to involve banks or other third party intermediaries. I don't know yet what the house design will be, my girlfriend and I will be designing it together in the coming months," said Simon in a statement to CoinDesk. Having quit his job in the banking industry in 2012, Simon....
Related News
Many people dream of quitting their job, collecting their bags and jetting off to a tropical paradise forever. Many people dream, but few people act. Gregory Simon is one of the few who decided to act. This year he moved to Nicaragua and bought a 0.3-acre plot of land with bitcoin. Just minutes from the beach in an area of San Juan del Sur called Paradise Bay, he's hoping to build a home there with his girlfriend. "By using BTC we were able to complete the transaction quickly with no need to involve banks or other third party intermediaries. I don't know yet what the house design will be,....
Still not convinced bitcoin can be used for majorly large purposes? If the $50,000 server purchase from Dell a few days ago wasn't quite enough to convince you, maybe this will. A technology entrepreneur has apparently paid a whopping $1.6 million for a 1.4 acre plot of land near Lake Tahoe - paid for in bitcoin, several outlets have reported. It's possibly the largest real estate deal done in the emerging digital currency, though a number of smaller transactions in the neighborhood of $500,000 have been conducted in both Bali and the state of Kansas. The land, dubbed Martis Camp, is....
Illuvium co-founder Kieran Warwick has sold a virtual land plot in Axie Infinity for $28,000 after purchasing it last year for $300. Kieran Warwick, the co-founder of forthcoming NFT-powered gaming metaverse Illuvium, has revealed he made a gain of more than 9,000% from flipping a virtual plot of land purchased from the Axie Infinity metaverse.Warwick, the brother of Synthetix founder Kain, recounts purchasing the plots during mid-2020, noting there “weren’t too many use cases” for digital land at the time, with in-metaverse advertising and mining having yet to become common as utilities....
Everybody inside and outside of the metaverse world knows that land ownership is important, and acquiring a plot of land is a very traditional investment. What most people outside of the metaverse world don’t quite understand — or are still not convinced of — is why people want to become landowners in the metaverse, and what such virtual land ownership can actually bring them. What Can a Small Plot of Land Do in the Metaverse? Just to be clear, not all metaverse games have the same popularity level and not all of them are developed with land ready to be sold to....
ERTHA metaverse is Heroes of Might and Magic game-type inspired economic and social life built on Binance Smart Chain to explore and investigate the world by choosing specializations and increasing the strength of your NFT and country. Ertha’s globe consists of 350,000 HEX land plots, represented as NFTs. By owning a HEX land plot, you […]