Paris Hilton got her father to sell his $38 million dollar mansion for Crypto

in #crypto7 years ago

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As awesome as it my sound, this doesn't necessarily mean that $38 million will be coming into crypto. Here's why;

First of all they are using a service called Propy to sell the property through Mr Hilton's real estate company. However on Propy you can purchase with crypto or cash...meaning This could just be a "change of hands" for Crypto or someone bids with fiat and then an infusión of cash would indeed come in.

Next s>quoteince it's an auction no one knows the price, could be less or more, all remains to be seen.