Entrepreneur Buys Plot of Land Near Lake Tahoe For $1.6 Million in Bitcoin
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....
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