Investor Cardon sells beachfront villa for 700 bitcoins

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Famous American businessman Grant Cardone has put his prestigious mansion on Gold Beach up for sale, setting an unusual price of 700 bitcoins. This move sparks interest in how successful investors are rethinking asset values in the era of digital currencies. According to NS3.AI, this decision reflects Cardone’s deep conviction in the long-term development of Bitcoin.

Why was Bitcoin chosen instead of dollars?

An intriguing aspect of this deal is the contrast between two valuation methods. A nearby similar property located on the same beach was appraised at $88 million in fiat currency. Cardone’s choice to price it in cryptocurrency demonstrates his position: Bitcoin has greater potential for revaluation compared to the US dollar.

A long-term view on crypto assets

The billionaire does not hide his stance on the future of cryptocurrencies. He expressed confidence that Bitcoin holders will gain significantly more real value in four years than those who prefer to take fiat currency now. Such a beach property deal becomes a symbol of the growing recognition of cryptocurrencies among influential investors and high-level entrepreneurs.

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