Bitcoin Acceptance in Real Estate Is Growing Worldwide

  • Michael Kelczewski, a Pennsylvania real estate agent, is also offering an option to buy property with Bitcoin. Embracing new payment methods provides a slew of opportunit

Cover image via U.Today

U.Today has recently reported how Australians sell multimillion-dollar mansions for Bitcoin. Now, Michael Kelczewski, a Pennsylvania real estate agent, is also offering an option to buy property with Bitcoin. During a recent interview, he says that embracing new payment methods provides a slew of opportunities for the industry by opening markets for international clients.

Kelczewski, who himself invests in digital assets, states that he prefers to hold coins. In 2017, he became the first property man to start accepting Bitcoin, but the buyers still paid in the US dollar. Kelczewski explains that there were property transfer requirements in Denver where the house was sold.
 

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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