{"id":2166,"date":"2018-04-12T18:52:33","date_gmt":"2018-04-12T18:52:33","guid":{"rendered":"https:\/\/atozcrypto.org\/?p=2166"},"modified":"2018-04-12T18:53:49","modified_gmt":"2018-04-12T18:53:49","slug":"new-york-townhouse-now-on-sale-for-45-mln-in-cryptocurrency","status":"publish","type":"post","link":"https:\/\/atozcrypto.org\/new-york-townhouse-now-on-sale-for-45-mln-in-cryptocurrency\/","title":{"rendered":"New York Townhouse Now On Sale For $45 Mln In Cryptocurrency"},"content":{"rendered":"

\"\"<\/a><\/p>\n

A six-story townhouse on New York\u2019s Upper East Side is listed for sale for either almost $30 mln in\u00a0fiat\u00a0or $45 mln in cryptocurrency, the\u00a0Wall Street Journal<\/a>\u00a0(WSJ) reports today, April 11.<\/p>\n

Blockchain<\/a>\u00a0seed and angel investor Claudio Guazzoni de Zanett has said that he will accept\u00a0Bitcoin<\/a>\u00a0(BTC),\u00a0Ethereum<\/a>\u00a0(ETH), or\u00a0Ripple\u00a0(XRP) for the property, noting the reason for the higher price in crypto – $45 mln vs. $29.95 mln – is due to the crypto market\u2019s volatility:<\/p>\n

\n

\u201cI\u2019m a true believer in these networks, but it\u2019s very volatile. They could be down 60% in two weeks.\u201d<\/p>\n<\/blockquote>\n

Zannet founded hedge fund Zanett Asset Management in 1992 and in 2015 founded Lyster-Zanett, which his\u00a0LinkedIn<\/a>\u00a0describes as a \u201cmulti-manager Master\/Feeder Hedge Fund focusing on US small\/mid-cap equity markets + Cryptocurrency and BlockChain investments.\u201d\"\"<\/a><\/p>\n

The townhouse currently listed had made the news last March when Zanett and his wife were\u00a0fined $8,000<\/a>\u00a0for listing rooms online as rental units for short-term stays of less than 30 days, which is illegal in New York.<\/p>\n

Cities across the world are beginning to have properties listed in cryptocurrencies, as Bitcoin arguably\u00a0brings a certain hype\u00a0to a real estate deal. Cointelegraph\u00a0reported\u00a0on five cities where you could use crypto to buy real estate last fall, including Miami, Dubai, New York, Lake Tahoe, and Bali.<\/p>\n

Bitcoin-only property deals have also come up, including a UNESCO World Heritage site\u00a0reported to be on sale<\/a>\u00a0in Ibiza last November for 1,850 BTC, and a Caribbean island\u00a0was listed<\/a>\u00a0last December for 570 BTC.<\/p>\n

\"\"<\/a><\/p>\n

Source: Cointelegraph<\/p>\n","protected":false},"excerpt":{"rendered":"

A six-story townhouse on New York\u2019s Upper East Side is listed for sale for either almost $30 mln in\u00a0fiat\u00a0or $45 mln in cryptocurrency, the\u00a0Wall Street Journal\u00a0(WSJ) reports today, April 11. Blockchain\u00a0seed and angel investor Claudio Guazzoni de Zanett has said that he will accept\u00a0Bitcoin\u00a0(BTC),\u00a0Ethereum\u00a0(ETH), or\u00a0Ripple\u00a0(XRP) for the property, noting the reason for the higher price …<\/p>\n","protected":false},"author":1,"featured_media":2167,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pgc_meta":"","_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[20],"tags":[],"aioseo_notices":[],"yoast_head":"\nNew York Townhouse Now On Sale For $45 Mln In Cryptocurrency - AtoZcrypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/atozcrypto.org\/new-york-townhouse-now-on-sale-for-45-mln-in-cryptocurrency\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New York Townhouse Now On Sale For $45 Mln In Cryptocurrency - AtoZcrypto\" \/>\n<meta property=\"og:description\" content=\"A six-story townhouse on New York\u2019s Upper East Side is listed for sale for either almost $30 mln in\u00a0fiat\u00a0or $45 mln in cryptocurrency, the\u00a0Wall Street Journal\u00a0(WSJ) reports today, April 11. 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