Man Tries to Sell House for Bitcoins

It's no doubt the housing market is tough. So, like most things these days, a man wants to add a technical spin to it — by selling his house for digital currency

Taylor More, of Alberta, Canada, posted his two-bedroom bungalow up for sale online. He's asking for 405,000 Canadian dollars (about $400,000) up front or, if you have them, about 5,750 Bitcoins

Bitcoins are a peer-to-peer decentralized digital currency system that began surfacing over the last few years. Essentially, they're virtual coins you can send through the Internet. Unlike government-backed currencies, Bitcoins have no central user, so transactions can be completed without "middlemen."