In the United States, the world's leading economic, technological and military power, it is now possible to pay the rent on Rick Caruso's properties with Bitcoin, while the number of kiosks and shops where citizens can buy this cryptocurrency is expanding.
Bitcoin (BTC), the biggest cryptocurrency of the market by capitalization, is growing in use and adoption in various parts of the world, and especially in the United States. In the country, you can already use the cryptocurrency to pay the rent of the properties that belong to the tycoon Rick Caruso. The billionaire businessman eannounced The Los Angeles Times said it will begin accepting Bitcoin payments for rent at its properties at the Grove shopping center and many of its other properties across the country.
The real estate magnate Caruso revealed to the local media an agreement made between the real estate company and a cryptocurrency infrastructure provider, which will provide the digital platform so that the real estate company can receive payments in BTC.
Apparently, one of Caruso's first clients who can use bitcoins to pay for rent is Elon Musk, the billionaire owner of Tesla, one of the largest institutional investors in Bitcoin, with $1.500 billion deposited in this cryptocurrency, and a client of Rick Caruso. One of Tesla's main headquarters is located in Caruso's the Americana at Brand shopping center in Glendale, Los Angeles.
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Means of payment and reserve asset: Caruso invests in BTC
In addition to accepting bitcoin as a means of payment, the tycoon announced that he is investing 1% of his capital in this cryptocurrency. Thus, the Caruso real estate company becomes the most recent institutional investor in Bitcoin; although its owner refused to reveal the dollar figure of this investment.
Rick Caruso believes that Bitcoin can be a “good hedge” and that acceptance within his balance sheets is a good option and is essential to diversify his company's finances. The tycoon expressed that Bitcoin is already “It has proven to be a good investment” for them and for the company.
Regarding the bitcoins he receives from renting out his properties, Caruso did not specify whether he will HODL the cryptocurrencies, or if he will convert them into dollars immediately. What the businessman did say is that he wants to be prepared for the mass adoption of the cryptocurrency in the near future.
300 kiosks to buy bitcoin
In addition to Caruso's recent announcement, in the United States citizens can use another 300 kiosks and stores to purchase BTC. According to the Spanish President Pedro Sánchez’s announcement Published by the ATM company Coinme, in the state of Florida they are being activated 300 new ATMs for cryptocurrency purchases, located in different kiosks and businesses in the state.
Let us remember that in the country there are about 15.000 ATMs where the cryptocurrency can be purchased. The United States leads the countries with the highest number of active Bitcoin ATMs; about 65% of the total ATMs that exist worldwide, according to data from Coin ATM Radar.
Recently, one of the country's largest commercial banks, Ridge Blue Bank, for the first time integrated bitcoin trading via its ATMs. This is the first time that US banks have used their ATMs for trading in the cryptocurrency.
At the time of this writing, the value of Bitcoin exceeds $56.900; although its value has fallen by 3,2% in the last week.
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