Taylor More, of Alberta, says he’d prefer bitcoins — a digital currency that was introduced in 2009 — over the cash, reports ABC News.
Bitcoins are now worth $72.50 each online, so More listed his home for $405,000, or 5,613 bitcoins. More says he wants the digital money because he is working on several projects — which he would not disclose — that would require a significant number of bitcoins.
“I thought this might help Bitcoin gain some ground, once people see that you can actually buy a piece of property or a physical tangible thing,” More told ABC News.
The head of the company that processes bitcoin payments, Charlie Shrem, said, “I think it would be great. It would be a private transaction. He can sell his house to anyone in the world, it doesn’t have to be from Canada, and it won’t cost anything to move that money.”