The future of bitcoin: billions or bust?
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For just 18 bitcoin, a British-themed studio apartment can be all yours. And if you have 46 of these digital coins to spare, you can up it to a two-bedroom apartment. Some 150 homes at Aston Plaza & Residences in Dubai Science Park are available for purchase via the cryptocurrency, making it reportedly the world’s first major property development where virtual currency buys real estate.
The project offers buyers a chance to “realise their bitcoin gains with a good-quality, appreciating asset”. It is also meant to underpin the developer’s “strong commitment to the future of the cryptocurrency market and the bitcoin community”. As Michelle Mone, one of the British entrepreneurs behind the idea, tells CNBC, “Bitcoin is the currency of the future and it cannot be ignored.”
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