A SYDNEY real estate agency will take property deposits in virtual currency bitcoin to woo Chinese investors comfortable with transacting in it.
In a week where the Reserve Bank has warned about unrealistic speculation in the local housing market, a Sydney real estate agency in the city’s prestigious North Shore says it will accept bitcoin, through a partnership with bitcoin payments provider CoinJar.
Forsyth Real Estate, a 115 year-old agency, told The Australian it would accept virtual currency payments for advertising and deposits on properties.
http://www.theaustralian.com.au/technology/chinese-investors-can-buy-australian-property-in-bitcoins/story-e6frgakx-1226866468852?utm_source=The%20Australian&utm_medium=email&utm_campaign=editorial&net_sub_uid=5459225
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