Cryptocurrency

Last month, New York City had its first cryptocurrency real estate closing. The next week, an owner of the Plaza floated the idea of selling a "Plaza Token" to a group of foreign investors. Now, hedge fund founder and tech investor Claudio Guazzoni de Zanett, the owner of the landmarked townhouse at 10 East 76th Street, is asking one price in US dollars and a higher value in digital currencies due to their volatility. He is willing to accept bitcoin, Ethereum or Ripple. "I’m a true believer in these networks, but it’s very volatile," Zanett told the Wall Street Journal. "They could be down 60% in two weeks."
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