Bitcoin used to buy $500,000 Bali villa | Bangkok Post: business

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Bali villa bought with bitcoin

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An anonymous investor has purchased a villa in Bali for an estimated US$500,000 using bitcoin, the non-regulated, online-only currency. 

The deal involves the long-term lease of a new 279-square-metre villa at the deLMango Villa Estate and is in accordance with Indonesian foreign ownership laws.

It was completed in February through BitPremier, a bitcoin-exclusive trading platform for luxury goods, according to Property Report.

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