Hagan Homes, one of Northern Ireland’s biggest residential property developers, will now be accepting (BTC) as a payment method, the reported Feb. 22.
Jamesy Hagan, the managing director of Hagan Homes, said there is both an increasing international interest in working, living, and investing in Northern Ireland, as well as a “significant growth in the use of bitcoin worldwide:”
“Our acceptance of this new channel reflects our willingness to respond to the market.”
The Belfast Telegraph writes that Hagan Homes is reportedly the first house-building firm in the Republic of Ireland to accept BTC payments.
Hagan did recognize the challenges in accepting bitcoin as payment. He noted the current volatility in the crypto markets, with BTC’s price going from to in the span of just a few months:
“Of course, there are some risks to using bitcoin for payment due to the cryptocurrency’s volatility, but buyers and sellers are finding creative ways to deal with these challenges […] By incorporating the learning from our peers into our approach we can embrace this innovation.”
have already taken place in cities across the US, as well as in the and Indonesia. technologies have seen a rising use in real estate as well, with the city of South Burlington, Vermont in Jan. 2018 to record real estate transaction.
Published at Sun, 25 Feb 2018 11:47:46 +0000
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