As Bitcoin gains wider acceptance as a way to pay the bills, landlords are asking themselves if they should accept it to cover a tenants’ monthly rent.
For example, Miami-based Housing Trust Group, the largest affordable housing developer in Florida, is considering accepting bitcoin and other virtual currencies for rent payments, writes Jared Schenke at biznow.com.
The use of cryptocurrencies, especially bitcoin, for real estate is a relatively new but growing phenomenon, and mainly focused on luxury residential real estate and condominiums across the globe. There is even a website that lists properties — such as a luxury penthouse in Panama — for sale that can be purchased with cryptocurrency.
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