PHOENIX — It might sound uncommon, however some consider cryptocurrency is the following massive factor.
“I feel 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 just lately introduced they had been promoting 4 luxurious condos in Scottsdale and are prepared to just accept cryptocurrency as fee.
“(Hudye) realizes Bitcoin, Ethereum and digital belongings, normally, have gotten a mainstream asset class,” mentioned De Younger.
There are presently 4 condominiums on the market. The costs vary from $1.6 million to $2 million.
In the meantime, the cryptocurrency bitcoin just lately traded for greater than $60,000.
In response to Hudye, he nonetheless has so much to find out about utilizing Bitcoin and different crypto belongings, however he believes they will see extra of it sooner or later.
“On a scale of 1-10, I in all probability had a data of a couple of two, 45 to 60 days in the past,” he mentioned.
“As we speak, I would wish 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 just lately used bitcoin to buy a house in Arizona.
Nichols did not give too many specifics however mentioned he purchased into bitcoin a number of years in the past and felt it was time to reinvest.
“I feel the timing was clearly proper,” he mentioned.
“It was sitting round $54,000 after I did the acquisition and we had been having one other worth as an alternative of getting all cryptocurrency,” he mentioned.
“it was time to leap into the market and diversify a bit bit,” Nichols added.
Nichols admits a part of shopping for his $2 million residence with bitcoin was to show that cryptocurrency is a viable choice.
He mentioned there’s a number of skepticism however compares it to different, extra frequent belongings like gold.
“, bitcoin is like some other asset whether or not it is inventory, bonds, gold, or silver,” he mentioned.
He recommends folks begin wanting into it.
As for the luxury condos, officers informed ABC15 they have been getting a number of curiosity and inquiries.