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.
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   |   24/7 Wall St.   |   BuzzFeed   |   Cracked   |   World History Project   |   POPSUGAR Tech   |   Business Insider   |   HuffPost Entertainment