Trump Condo For Sale ... in Bitcoin Only

New site aims to provide luxury goods for 'Bitcoin millionaires'

By Kevin Spak,  Newser Staff

Posted May 3, 2013 12:33 PM CDT

(Newser) – What can you actually pay for in Bitcoins? Well, at the moment, the list appears to include a luxury condo in New York City. A one-bedroom apartment in the Trump SoHo building went up for sale yesterday for 20,874 BTC, which is to say just over $1.9 million. "I prefer to own Bitcoin to property," the owner explains to Business Insider. "I think property is a better asset class than USD, and Bitcoin a better asset class than property."

The condo is the signature item available on the newly-launched BitPremier, which bills itself as "the Bitcoin luxury marketplace." Also for sale are a resort in the Bahamas (5,901 BTC at the time of this writing, or roughly $550,000), a LeRoy Neiman painting (105 BTC, $9,750), and an expensive watch. "There are plenty of Bitcoin millionaires out there, and it's burning a hole in their pocket," the site's founder explains. "Buyers will be easy to come by."

The Trump SoHo tower is seen, December 17, 2009.   (Flickr ?)
« Prev« Prev | Next »Next » Slideshow
My TakeCLICK BELOW TO VOTE
15%
16%
2%
8%
2%
58%
To report an error on this story, notify our editors.

NEWS FROM OUR PARTNERS
Other Sites We Like:   The Street   |   MSN Living   |   PopSugar Tech   |   RealClear   |   24/7 Wall St.   |   Biography   |   Barstool Sports   |   OK!