Crypto News: Italian Auction House is First to Allow Bidding with Bitcoin

A Geo TV article originally covered the story: “ROME: Italian auction house Sant’Agostino said Wednesday bidders at its next sale will be able to settle up in bitcoin, a world first according to the auctioneers.”

The auction is slated to sell roughly 600 items, which include furniture and other household objects. All of the items can be purchased with bitcoin via the bidding process. Furthermore, the following  Sant’Agostino auction — which will include bidding on jewelry, watches, and art pieces — will also accept bitcoin as part of the settlement process.

"Paying with the crypto currency will also be allowed at the following auction at the end of November which will feature paintings, jewelry and watches."

This means there could be a movement developing in this particular area of retail services, and spur more popularity for bitcoin and other cryptocurrencies.

Full story at http://bit.ly/2yIVIG9

Source: Bitcoin News

 

 

 

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