Monday, 25 September 2017

First Bitcoin Only House Purchase Completed in Texas

Everyday is another milestone for Bitcoin, today we have seen another price drop this week and another recovery things have been a bit crazy recently. Although this has not halted progression, we have now seen the first Bitcoin only house purchase be completed in Texas. Alot of you may not think this is much of a big deal but believe me it is. This adoption is important as it will increase momentum, publicity and price cycle, which will only grown Bitcoin.

The new owner sent the Bitcoin to the seller who then converted it into USD and he had this to say

"In all of my 33 years of closing transactions, I honestly couldn't have expected something so unique to go so smoothly. In a matter of 10 minutes, the Bitcoin was changed to US Dollars and the deal was done!”
Must of used a high transaction fee :) but seriously this is just another step to widespread usage of  Bitcoin

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