
“Bitcoin acceptance in China has now extended into real estate with a residential developer in Zhangjiang Hi-Tech park in Shanghai finding a new way to promote sales through the acceptance of Bitcoin virtual currency. Shanda Group, one of the large IT giants in China, through its real estate development arm, opened sales of its first real estate investment project on October 25th, 2013. 300 apartments in the soon to be built buildings ranging from 42-81sqm were available for sale and sold out in a few minutes as demand far outstripped supply. As part of the promotion, Shanda accepted Bitcoins for payment.”
http://www.finextra.com/Community/FullBlog.aspx?blogid=8475
Related posts:
Lemonade Stands Legalized in Utah
Musty Idea: War To Maintain "Credibility" As A Global Hegemon
Canadians Panic As Food Prices Soar On Collapsing Currency
Family Finds Sunken Gold Treasure Worth $300,000 Near Florida Coast
Filmmakers fighting “Happy Birthday” copyright find their “smoking gun”
Australian government forces citizens to answer intimate questions about sex partners or face jail t...
Group warns military: Prepare now for risks of ‘mutant soldier’ future
How a total n00b mined $700 in bitcoins
Protection Against Indefinite Detention Mysteriously Stripped From NDAA
Ron Paul's Foreign Policy of Peace Is Central to the Message of Freedom
Oil Spikes Higher After Trump Threatens Allies With Sanctions For Buying Iranian Oil
Amidst Detroit Banktruptcy, Spontaneous Order and Market Anarchy Flourish
Richard’s $2 Billion Dollar (Severed) Hand
Ex-Obama Aide (Stupidly) Dismisses Glenn Greenwald as a Fake Journalist
Officer Who Killed 13-year-old With Toy Rifle Pulled Gun At Traffic Stop