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." (Read more bitcoin stories.)