facebook
twitter
search
search

Man wants Bitcoins for Alberta bungalow

March 22, 2013 at 4:22 PM

EDMONTON, Alberta, March 22 (UPI) -- A man selling his Alberta bungalow is asking for about $400,000 -- or 5,613 digital Bitcoins -- with a preference for the Bitcoins.

Taylor More, 22, a former currency trader, said he prefers Bitcoins, worth $72.50 each, for the two-room bungalow on 2.9 acres because he believes there is a future for the digital currency, which Walmart recently began accepting for purchase of gift cards, ABC News reported Friday.

"I just really believe in them and once I read my first article about them, I was hooked," More said. "I can take control of my own money, I don't have to worry about the government stepping in and taking it and freezing my account.

"I have a few ventures that I am working on that involves Bitcoins and I am going to need a lot of Bitcoins to do them. 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 said.

He said he can't yet reveal the details of his planned ventures.

"If someone had a partial payment in Bitcoins, I would be willing to negotiate, but I wouldn't turn down somebody who had cash," More said.

Related UPI Stories
Latest Headlines
Trending Stories
Eli Manning explains pout face after Broncos' Super Bowl score
Watch Katie Holmes dance like Beyonce on 'The Tonight Show'
Warner Music to pay back licensing fees for 'Happy Birthday' copyright
Daring duo arrested for sex on Las Vegas' 550-foot Ferris wheel
Car spins out of control, lands on roof of California home