Deciding to purchase your first home is a significant milestone, filled with both excitement and complexity, especially when navigating the fluctuating landscape of interest rates and real estate prices.
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Billionaire Puts £175mn London Apartment up For Sale, Will Accept Bitcoin
Billionaire property tycoon Nick Candy is selling his two-story penthouse overlooking Hyde Park for a cool £175mn (US$240mn). The kicker is, he’s open to accepting Bitcoin.
Despite BTC cracking $64k this week to post a new all-time high, debate on cryptocurrencies’ legitimacy continues to rage. However, Candy’s willingness to take Bitcoin is evidence that opinion is changing, even if it’s at a snail’s pace.
Bitcoin as a Store of Wealth
Candy is a former advertising executive who, in the mid-90s, decided to renovated flats in his spare time. By 1999, business was booming, so he decided to quit his day job and go into property full time.