$500,000 in Bitcoin Just Bought Someone a Villa in Bali

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  • $500,000 in Bitcoin Just Bought Someone a Villa in Bali
  • A brand-new villa on the southern coast of Bali has just changed hands – for somewhere above 800 bitcoins.
  • The news, first reported by virtual currency news site CoinDesk , comes from the CEO of BitPremier , a marketplace for luxury goods that can only be paid for in bitcoin.
  • In what appears to be the largest real-world-money purchase in bitcoin’s history, an anonymous buyer has picked up a new house for the cryptocurrency equivalent of about $500,000.

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@BitPremier: “@blockchain You left out this one :)”


A brand-new villa on the southern coast of Bali has just changed hands for around 800 bitcoins — about $500,000.


$500,000 in Bitcoin Just Bought Someone a Villa in Bali