PHOENIX — It could sound uncommon, however some imagine cryptocurrency is the subsequent huge factor.
“I believe we’re breaking new floor,” mentioned Ben Hudye, chairman of the Hudye Group, a Scottsdale-based actual property firm.
Hudye and native actual property agent Johnathon De Younger of Russ Lyon Sotheby’s not too long ago introduced they had been promoting 4 luxurious condos in Scottsdale and are keen to just accept cryptocurrency as fee.
“(Hudye) realizes Bitcoin, Ethereum and digital belongings, generally, have gotten a mainstream asset class,” mentioned De Younger.
There are at present 4 condominiums on the market. The costs vary from $1.6 million to $2 million.
In the meantime, the cryptocurrency bitcoin not too long ago traded for greater than $60,000.
In line with Hudye, he nonetheless has loads to study utilizing Bitcoin and different crypto belongings, however he believes they’re going to see extra of it sooner or later.
“On a scale of 1-10, I most likely had a data of a couple of two, 45 to 60 days in the past,” he mentioned.
“Right this moment, I would prefer to assume I am at a six so I am nonetheless not an eight or a 9 the place I am well-versed in it nevertheless it’s thrilling,” Hudye mentioned.
“It is extraordinarily thrilling and I can perceive why folks have been concerned in it for as a few years as they’ve,” he added.
In the meantime, Sedona resident Ryan Nichols not too long ago used bitcoin to buy a house in Arizona.
Nichols did not give too many specifics however mentioned he purchased into bitcoin just a few years in the past and felt it was time to reinvest.
“I believe the timing was clearly proper,” he mentioned.
“It was sitting round $54,000 once I did the acquisition and we had been having one other worth as a substitute of getting all cryptocurrency,” he mentioned.
“it was a superb time to leap into the market and diversify a bit of bit,” Nichols added.
Nichols admits a part of shopping for his $2 million house with bitcoin was to show that cryptocurrency is a viable possibility.
He mentioned there’s loads of skepticism however compares it to different, extra widespread belongings like gold.
“You realize, bitcoin is like every other asset whether or not it is inventory, bonds, gold, or silver,” he mentioned.
He recommends folks begin trying into it.
As for the luxury condos, officers informed ABC15 they have been getting loads of curiosity and inquiries.
