A mansion in London’s Notting Hill district was put up for sale for £17 million, but those who want to buy it can only pay with Bitcoin.
Lev, one of the founders of the real estate investment company London Wall, which will sell the mansion. Loginov hopes to pioneer the use of Bitcoin in the UK.
‘We want to change all perceptions’
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Loginov says:
“We want to change all perceptions about digital currencies. We believe that in the future it will eliminate the need for intermediaries such as lawyers and will completely differentiate the way real estate transactions are conducted. We want to be the first company to trade in Bitcoin. It’s faster and more efficient to use than unnecessary regulations and banks.”
Loginov isn’t the only one among London real estate agents to say they can also accept payments in Bitcoin, but none of them are the only payment method they’ve ever accepted. They didn’t specify that it was Bitcoin.