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Bitcoin is Now Accepted for Real Estate Transactions at Algodon Wine Estates


Press release content from Accesswire. The AP news staff was not involved in its creation.
Bitcoin is Now Accepted for Real Estate Transactions at Algodon Wine Estates
March 8, 2021 GMT
NEW YORK, NY / ACCESSWIRE / March 8, 2021 / Gaucho Group Holdings, Inc. (NASDAQ:VINO), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods & accessories, today announced that its luxury residential vineyard real estate project, Algodon Wine Estates, can now accept Bitcoin as payment to purchase its Phase 1 homesites.
The market acceptance of digital currency as a medium of exchange is growing rapidly. Bitcoin, a decentralized digital currency void of a central bank or single administrator, can be transferred from user to user on the peer-to-peer bitcoin network without the need for any intermediaries. Transactions are verified by network nodes through cryptography, and recorded in a public dis ....

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