Bidding with bitcoin, a world first at Italian auction

  • And the artwork goes to the bidder with the virtual wallet (AFP Photo/ROSLAN RAHMAN) – – Rome (AFP) – Italian auction house Sant’Agostino said Wednesday bidders at its next sale will be able to settle up in bitcoin, a world first according to the auctioneers.
  • Early next week, around 600 Italian and foreign design objects, mostly pieces of furniture, will go under the hammer at Sant’Agostino and “bitcoins will be accepted as payment”, it said in a statement.
  • Paying with the crypto currency will also be allowed at the following auction at the end of November which will feature paintings, jewelry and watches.
  • Bitcoin is not generally recognised as a proper currency — lacking a home country, central bank or treasury — although its real world use is constantly increasing.
  • Since its creation in 2009, the value of bitcoin against traditional currencies has risen exponentially, although there have been periods of dizzying plunges, too.

Italian auction house Sant’Agostino said Wednesday bidders at its next sale will be able to settle up in bitcoin, a world first according to the auctioneers. Early next week, around 600 Italian and foreign design objects, mostly pieces of furniture, will go under the hammer at Sant’Agostino
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Chain gang: art and crypto-currencies 2017-07-08

  • Next week an art gallery in London will start accepting payment in crypto-currencies.
  • It may seem an artsy gimmick—the policy is timed to coincide with an exhibition of sculptures crafted from the engines of retired Formula One cars—but virtual money does offer the art world some practical perks.
  • Many see art as the last unregulated market; crypto-currencies such as bitcoin, which permanently record transactions on an open-source database called a blockchain, could resolve concerns about access, transparency and authentication.
  • As with many transformative technologies, though, the currency is also inspiring artists more directly.
  • These abstract currencies may soon be the art world’s reality.

Next week an art gallery in London will start accepting payment in crypto-currencies.
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9 Things We Bought With Bitcoin

  • In this case, we literally have no other option than to pay with Bitcoin.
  • The China-based travel agency Young Pioneer Tours has 9 years of experience of organizing tours to North Korea, and can help you with flights, hotels, visa and a tour guide.
  • We constantly want to talk about it, tell others about our trip to North Korea, and how we were able to tweet pictures the entire trip from one of the most heavily locked down countries on earth.
  • So now we have shoes from Iran, been to North Korea and have these stylish new socks.
  • For more privacy, it makes perfect sense to not use your credit card (which is connected to your real name), but instead the pseudonymous currency Bitcoin.

You’ve got to admit that everyone likes to go shopping once in a while, whether it’s to buy that designer shirt you’ve been eyeing or those nifty gadgets…
Continue reading “9 Things We Bought With Bitcoin”

9 Things We Bought With Bitcoin

  • In this case, we literally have no other option than to pay with Bitcoin.
  • The China-based travel agency Young Pioneer Tours has 9 years of experience of organizing tours to North Korea, and can help you with flights, hotels, visa and a tour guide.
  • We constantly want to talk about it, tell others about our trip to North Korea, and how we were able to tweet pictures the entire trip from one of the most heavily locked down countries on earth.
  • So now we have shoes from Iran, been to North Korea and have these stylish new socks.
  • For more privacy, it makes perfect sense to not use your credit card (which is connected to your real name), but instead the pseudonymous currency Bitcoin.

You’ve got to admit that everyone likes to go shopping once in a while, whether it’s to buy that designer shirt you’ve been eyeing or those nifty gadgets…
Continue reading “9 Things We Bought With Bitcoin”

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W Craddick Journalism Fundraiser by William Craddick – My name is William Craddick. I began doing freelance investigative journalism shortly after graduating from Pepperdine University School of Law, as I watched in horror while the American press fleeced the American public and the world during the 2016 U.S. Presidential election. My research center…
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Buying with bitcoin helped make this homebuyer a $1.3 million profit on his new house

Buying with #bitcoin helped make this homebuyer a $1.3 million profit on his new house

  • Sky News has learnt that the high street chain’s former owner could be just days away from signing a provisional deal with The Pensions Regulator to plug the BHS scheme’s controversial deficit.
  • Special forces troops trained by America in Iraq have told Sky News that President Trump’s new policy feels like a betrayal.
  • Conman jailed after racking up £124,000 at luxury hotels using a cancelled credit card
  • The news of Nicholls’ death – who was with the rock band until 2004 – was confirmed by the heavy metal band’s guitarist Tommy Iommi, who called the musician a “true friend” on Facebook.
  • A conman has swapped VIP hotel rooms for a prison cell after being jailed for running up more than £100,000 in bills using a cancelled credit card.

One bitcoin enthusiast managed to luck into not only a new house, but a $1.3 million profit. Rather than taking out a mortgage, a recent California homebuyer decided to purchase a $4 million estate with the cryptocurrency bitcoin.
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  • PTY Journalism Fundraiser is no longer accepting donations.
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PTY Journalism Fundraiser by William Craddick – My name is William Craddick. I am an investigative journalist who took up researching several months ago. I have until now been making posts to Reddit on various topics, generally focusing on international politics. Since then, my stories and research findings have been tweeted by Wikileaks and…
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