
“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:
Obama Bombs Yemen Hours After Winning Reelection
Glenn Greenwald: Petraeus scandal is reported with compelled veneration of all things military
Ex-Marine Arrested for Wearing Wrong T-Shirt at Supreme Court
Furloughed FAA employee goes on Miami shooting rampage
CA Governor Pushes Statewide Drinking Water Tax To Clean Up Farm Pollution
Glenn Greenwald: U.S. should be ‘on its knees begging’ that nothing happens to Snowden
Is Japan's Devaluation an Attack on China?
Las Vegas woman sexually assaulted by court officer, then arrested for reporting it
New York Times Tells Truth About Syria; Neo-Cons Unfazed
NBC Removes Reporter from Gaza After 4 Children Shelled To Death
A View of the ‘Real China’ from Beijing’s Wangfujing Street
This Man Will Die in Jail For Marijuana Possession
18 Signs That Global Financial Markets Are Entering A Horrifying Death Spiral
Separated Children Forced to Recite Pledge of Allegiance 'Out of Respect'
Tuur Demeester: Why You Should Invest in Bicoin