In Florida, they sold a $ 22.5 million penthouse for cryptocurrency

For many, cryptocurrencies are just a remedy for speculators and criminals. However, the situation of the last few days shows that they may even become currency. El Salvador has enacted Bitcoin as the second official currency next to the dollar, we are also encountering cryptocurrencies as a means of payment (eg one German taxi service started receiving BTC, ETH and DOGE). Although they are only small fragments so far, they can mean that such use will begin to grow. In Florida, it is even possible to buy real estate and pay with cryptocurrencies. A few days ago, a record was announced when a penthouse in Arte Surfside was sold in Miami Beach for $ 22.5 million (CZK 472 million).
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one of the apartments in Arte Surfside

The transaction broke the record not only for the most expensive real estate purchased for cryptocurrency, but also for the most expensive square meter in Miami Beach. The new owner paid USD 4440.5 per square foot, which is USD 47800 per m2, resp. equal to one million CZK per m2.

It is not known who it was or what cryptocurrency was used. If it were Bitcoin, at today’s prices it would be about 630 BTC. The apartment is located on the 9th floor of 12, has an area of ​​470 m2 and the terrace adds another 275 m2. According to the owners of the house, the cryptocurrencies are the future, they have invested money in them themselves and they think that those who got rich on them will also want to spend them. And buying real estate can be one way to do it.

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