This past September, I wrote an article for Business Monday that described the concept of Bitcoin, touted its virtues for the purchase and sale of real estate, and singled out Miami as an ideal laboratory for this phenomenon. At the time, my business partner Carol Cassis and I had just listed a multimillion dollar home in Miami’s Ponce/Davis area, between South Miami and Coral Gables, for which the seller had agreed to accept Bitcoin as a form of payment, and the resulting publicity created a flood of questions and curiosity. (Full disclosure: I am also a Bitcoin advocate and investor.)
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