“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
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Circle startup CEO: Taking magic mushrooms can help solve business problems
A Silver Lining to Obummercare
Liberty Dollars banned at U.S. Numismatic Convention
Japanese Bitcoin Exchange Shuts Down After $723M Stolen
The Bizarre Story Behind the FBI’s Fake Documentary About the Bundy Family
US Sentencing Commission Votes to Cut Drug Sentences
Marc Faber: Bond Burglars to Bring Bears Out of Hibernation
One Thing Explains Why Home Prices Are Rising In Some Cities And Falling In Others
Mogadishu: East Africa’s newest business destination?
In Nearly Half the U.S., Marijuana Arrests Have Gone Up Since 2014
Supreme Court hands police more warrantless home search powers
The NSA’s Hidden Spy Hubs in Eight U.S. Cities
Bernanke Is Blind As A Bat
John Kerry hopes drone strikes end 'soon,' State Dept thinks otherwise
The big drug database in the sky: A firefighter’s legal nightmare