Gold, the hard asset long seen as the ultimate hedge against risk, has fallen so much out of favour in recent years that the owner of a mine in Canada’s historic Yukon gold belt wants to sell the property for $2 million in bitcoin, a virtual currency. The tiny, producing mine is being offered for [...]

Sunday Times 2

Gold mine on sale for $2 million in bitcoin

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Gold, the hard asset long seen as the ultimate hedge against risk, has fallen so much out of favour in recent years that the owner of a mine in Canada’s historic Yukon gold belt wants to sell the property for $2 million in bitcoin, a virtual currency.

The tiny, producing mine is being offered for sale by an unidentified seller on BitPremier, a self-described bitcoin marketplace for “luxury items and opportunities”.

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