Philipp Preuss says he had to school his real estate broker, Amadeus Ehrhardt of Brown Harris Stevens, on the digital currency Bitcoin before putting his four-bedroom ranch in the Hamptons on the market for $799,000 in cash or the equivalent value in Bitcoin, Candace Jackson reports for The Wall Street Journal’s Developments blog.
Offering to take Bitcoin seems to be a good marketing ploy, if nothing else. When former Aladdin casino owner Jack Sommer put his Las Vegas mansion on the market for $7.85 million, payable in Bitcoin, he got the same kind of media attention that Preuss is getting now. Source: blogs.wsj.com
