30 Aug '13, 4pm

Coming soon: Pay your rent in Bitcoin

Bitcoin image via Shutterstock. “If it can get you dates, it should pay your rent.” That was the thinking behind software provider Rentalutions’ recent decision to accept rental payments in Bitcoin , a digital currency that dating site OkCupid has embraced. The startup claims that it’s the first real estate company to accept the electronic cash, and that it’s adopting the currency in order to cater to a growing number of people who are beginning to use the fledgling currency. “With digital currencies being the wave of the future, we thought, ‘Why don’t we get ahead of this trend?’ ” said Rentalutions CEO Ryan Coon. Based in Chicago, Ill., Rentalutions offers property management software to mom-and-pop landlords. Among other features, the software enables landlords to accept rent and applications electronically and syndicate listings. Coon said he began toying with the idea...

Full article: http://www.inman.com/2013/08/30/now-you-can-pay-your-rent...

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