Buy A Trump SoHo Condo For $1.9M in Bitcoin Only

By Andrea Swalec on May 2, 2013 2:48pm 

 The owner of a one-bedroom home in the Trump SoHo "condo-hotel" listed the unit on May 2, 2013 with the provision that it be bought exclusively in the money-substitute known as Bitcoin.
The owner of a one-bedroom home in the Trump SoHo "condo-hotel" listed the unit on May 2, 2013 with the provision that it be bought exclusively in the money-substitute known as Bitcoin.
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(Masck/Flickr)

MANHATTAN — A whole lot of virtual currency can now buy a luxury apartment in the real world.

The owner of a one-bedroom home in the Trump SoHo "condo-hotel" listed the unit on Thursday with the provision that it be bought exclusively in the money-substitute known as Bitcoin.

Listed on the "Bitcoin luxury marketplace" BitPremier, the 741-square-foot suite with one-and-a-half bathrooms was on the market for 18,547.617 bitcoin, the equivalent of $1,947,500, on Thursday afternoon. The value of the currency created in 2008 by an anonymous group of tech experts fluctuates.

BitPremier founder Alan Silbert told Business Insider, which was first to report on the listing, that he thinks demand for the unit in the 48-story glass building at 246 Spring St. will be high.

"There are plenty of Bitcoin millionaires out there, and it's burning a hole in their pocket," Silbert told the website. "I think buyers will be easy to come by."

The equivalent of $1.3 billion worth of bitcoins are in circulation now, according to its creators. 

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