The Netherlands: a house sells for £870,000 in bitcoin (BTC)

In the town of Veghel, located in the south of the Netherlands, an unusual transaction has just be settled.

According to the Netherland’s public broadcaster, NOS, a buyer showed up asking to buy a property entirely in bitcoin.

The asking price? 21 BTC, or €1 million in the local currency. Brokerage fees will still be paid in euros, it is reported. The number 21 is interesting, as it may be a nod towards the maximum number of bitcoin that may ever exist: 21 million.

As the active crypto market is known for its volatility, the actual transaction is still waiting to go ahead.

submitted by /u/BitcoinWide
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