Ukrainian Entrepreneur Sells Real Estate for Bitcoins

Published on 28 Dec. 2017

Lately, new technologies are getting into our lives quite rapidly. Earlier, only IT specialists had mentioned cryptocurrency in their narrow circles, expressing skepticism and being afraid of the general incomprehension, as told in our previous publication one of the pioneers of the cryptocurrency payments Nazar Gulyk, co-founder of the web development studio Schrodinger's Cat Laboratory. Now, the picture on the Ukrainian markets has changed drastically. Even inveterate skeptic start to dwell upon cryptocurrency’s what and where.  

And open-minded entrepreneurs have quickly caught the wave and started to introduce cryptocurrency to their businesses. It is already known that one can buy a car for cryptocurrency in Ukraine, pay for the fuel on the WOG gas station, and make purchases in “Citrus”.

Gennadii Balashov, a famous entrepreneur, TV and radio presenter, politician and philosopher, has joined the progressive part of Ukrainians. He was examining new money for quite a while and concluded in his video report on YouTube that it would become a new push for the country’s economics.

Recently, Mr. Balashov purchased 1 Bitcoin and already experienced the taste of exchange fluctuations, when the Bitcoin rate dropped from $15 600 to $13 800 during the day. Despite this, he hasn’t got disappointed in Bitcoin and calls his supporters to join the modernization.

On his Facebook page, the entrepreneur also publishes the educational information about cryptocurrencies.

Balashov told that the restaurant that he usually visits for dinner pays its staff in Bitcoins. In his opinion, even bribes are now taken in Bitcoins. Gennadii Balashov has decided to sell the property, managed by his agency “Lypky” in Kyiv, for this currency. That entails offices, villas, and another estate, owned by the entrepreneur.

It is to be mentioned that Ukraine doesn’t have any clear legislation norms for the cryptocurrency yet, so there is no sense in carrying out serious operations with this kind of assets at the moment.

More news

Bitcoin’s Fabulous Year as It Was

The year that is coming to an end in a few hours has become a prominent one for the first cryptocurrency. Some call it a basis for the new economic model, and others – the most prominent financial bubble in the history.

31 Dec. 2017

EXMO Leader Was Released after a Million Dollar Ransom

Pavel Lerner, a leader of the cryptocurrency exchange EXMO (due to the information of the leading cryptocurrency mass media), got in touch after his kidnapping in Kyiv several days ago. This was announced on the exchange’s official website:

31 Dec. 2017

Russian Regulators Decided on Crypto Terms

The Ministry of Finance and the Central Bank of Russia have worked out the general definitions and regulations of the digital assets. This event was announced by several publications. As was known earlier, the president of Russia instructed the government on creating such a document.

29 Dec. 2017