Man Uses Bitcoin to Buy a Piece of Paradise in Nicaragua
Many people dream of quitting their job, collecting their bags and jetting off to a tropical paradise forever. Many people dream, but few people act. Gregory Simon is one of the few who decided to act. This year he moved to Nicaragua and bought a 0.3-acre plot of land with bitcoin. Just minutes from the beach in an area of San Juan del Sur called Paradise Bay, he's hoping to build a home there with his girlfriend. "By using BTC we were able to complete the transaction quickly with no need to involve banks or other third party intermediaries. I don't know yet what the house design will be,....
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Gregory Simon wanted to move to a tropical paradise. So unlike most of us, he decided to move there - using bitcoin. Simon managed to buy a 0.3-acre plot of land in the Paradise Bay area of San Juan del Sur in Nicaragua using the digital currency. "By using BTC we were able to complete the transaction quickly with no need to involve banks or other third party intermediaries. I don't know yet what the house design will be, my girlfriend and I will be designing it together in the coming months," said Simon in a statement to CoinDesk. Having quit his job in the banking industry in 2012, Simon....
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