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


The legendary bassist/vocalist of the rock band KISS – Gene Simmons – disclosed that aside from fiat foreign money, patrons may 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, recognized amongst followers as “The Demon,” initially displayed his help in the direction of the cryptocurrency trade in the beginning of 2021. Again then, he predicted that Cardano would expertise its “best 12 months.” 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 couple of million” in it and envisioned that the first cryptocurrency would quickly attain $60,000. BTC even surpassed the worth tag, which Simmons predicted, because it tapped an all-time excessive of practically $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 presently listed at $13.5 million, whereas patrons 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 smart to supply events the choice of utilizing cryptocurrency to buy the property,” Simmons said.

The property is situated within the prestigious Ascaya group 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. toes.

The longer term proprietor of the mansion will get pleasure from six bedrooms, eight baths, and 11 connected storage areas. There may be additionally a swimming pool, a non-public bar, lounge space, tennis pavilion, and lots of extra leisure services.

Simmons’ property in Las Vegas, Supply: Evaluate 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 price of digital belongings to accumulate a deluxe penthouse in Miami Seaside. The deal represented the most costly transaction ever to be paid this fashion. Nonetheless, the identify of the customer and the employed cryptocurrency remained undisclosed.

The condominium is a part of the constructing Arte Surfside. Apparently, the penthouse on the highest flooring 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 individuals need to buy condos from Arte Surfside utilizing bitcoin or the altcoins:

“There may be sturdy pent-up demand for cryptocurrency transactions which can 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 patrons.”

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