Buy a House with Bitcoins!
With the recent run on bitcoins, some skeptics are now claiming that you can't really buy anything with them.
But that couldn't be further from the truth.
Although most folks I know are looking to trade the digital currency right now, there are also plenty of other innovative types actively buying and selling all kinds of things with bitcoins. There's even a few bitcoin auction sites, where, for the right bitcoin price, you can buy or sell everything from a classic 1962 Ford Thunderbird to a rental property in Oregon.
For those looking to fully embrace the bitcoin movement, here are a couple of online bitcoin stores I found:
There's also a site called coinabul.com, which claims to offer opportunities to buy gold with bitcoins. And this brings up a good point – which is more valuable? Bitcoins or gold?
On this one, I'll have to agree with my colleague Jeff Siegel. We continue to invest in gold because it serves as a proven hedge against any economic, political, social or currency-based crisis.
To get a better understanding of what we mean by that, click here.