“Three buildings on a 700,000 square-meter plot of land in the Pudong district of Shanghai, China look just like any of the other buildings in the city. What makes them different, however, is that space in these buildings can be purchased using bitcoins, a digital currency that is circulated on the internet and functions without the intermediation of a central authority.  At the entrance to one of the three buildings, which is used as the property management center, a bulletin reads ‘Today’s bitcoin value: 1: 2100.’, meaning that 1 bitcoin has an exchange value of 2,100 yuan (US$344). The owner of the buildings, Shanda Tiandi Ltd., posts the rate every day.”

http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20131114000039&cid=1102

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