‘The Demon’ Gene Simmons Accepts Bitcoin for The Sale of His Las Vegas Property


The legendary bassist/vocalist of the rock band KISS – Gene Simmons – disclosed that other than fiat foreign money, consumers may also buy his $13.5 million dwelling in Las Vegas in digital belongings. These accepted are Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Litecoin (LTC), and extra.

An’ Outspoken Proponent’ of Crypto

The rock star, identified amongst followers as “The Demon,” initially displayed his help in direction of the cryptocurrency business at the start of 2021. Again then, he predicted that Cardano would expertise its “best yr.” On the finish of the summer season, the native token of the protocol spiked to an all-time excessive of over $3, that means that Simmons’ forecast was fairly correct.

In August, the musician admitted that he’s additionally eager on bitcoin. He revealed investing “a number of million” in it and envisioned that the first cryptocurrency would quickly attain $60,000. BTC even surpassed the value tag, which Simmons predicted, because it tapped an all-time excessive of almost $70K.

In a current interview, “The Demon” doubled down on its crypto help by accepting a number of digital belongings for the sale of his unique Las Vegas mansion. It’s at present listed at $13.5 million, whereas consumers can buy it in Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Litecoin (LTC), Uniswap (UNI), Aave (AAVE), or perhaps a mixture of the belongings.

“I’ve been an outspoken proponent of cryptocurrency from the start. It’s the way forward for cash, and it simply is sensible to supply events the choice of utilizing cryptocurrency to buy the property,” Simmons said.

The property is positioned within the prestigious Ascaya neighborhood in Henderson, simply south of the Las Vegas Strip. It affords a panoramic view of the valley and expands to greater than 11,000 sq. ft.

The long run proprietor of the mansion will get pleasure from six bedrooms, eight baths, and 11 hooked up storage areas. There’s additionally a swimming pool, a personal bar, lounge space, tennis pavilion, and lots of extra leisure services.

Simmons’ property in Las Vegas, Supply: Assessment Journal

The Document Buy

Gene Simmons is hardly the primary particular person to transact with cryptocurrencies in actual property offers.

Final summer season, a mysterious purchaser paid $22.5 million value of digital belongings to amass a deluxe penthouse in Miami Seashore. The deal represented the most costly transaction ever to be paid this manner. Nonetheless, the identify of the client and the employed cryptocurrency remained undisclosed.

The condominium is a part of the constructing Arte Surfside. Curiously, the penthouse on the highest ground is owned by Ivanka Trump – the daughter of America’s former president Donald Trump.

Alex Sapir – Co-Developer of the constructing – asserted that offers involving cryptocurrencies are extremely safe. He added that an rising variety of folks wish to buy condos from Arte Surfside utilizing bitcoin or the altcoins:

“There’s sturdy pent-up demand for cryptocurrency transactions which might be seamless and safe for each events, and the deal at Arte is a primary instance of that. We had been overwhelmed by the quantity of calls we acquired from certified consumers.”

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