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Dec 15, 2013

Vegas developer selling $7.85M mansion for bitcoin

Posted by in categories: bitcoin, business, economics

Vegas home selling in bitcoin: Great room

By Associated Press

The former owner of a Las Vegas casino says he’s willing to accept the online currency bitcoin in the $7.85 million sale of his home.

LAS VEGAS — A casino owner-turned-commercial developer is asking $7.85 million to sell a Las Vegas home, and he’s willing to accept the online currency bitcoin for the deal.

Jack Sommer said he got the idea to seek bitcoin for his 25,000-square-foot mansion from two of his sons, who’ve been involved in making and trading the currency.

“The advantage is that we’re expanding our market and adding some notoriety,” Sommer said.

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