Incase anyone was interested enough to follow the story I thought I’d do an update. The excitement of the day and possibly the full moon will mean I’m bound to be unable to sleep. Insomnia is often the mother of crazy ideas, like selling my house for bit coin.
I put a sign outside the house today…. the one used in the post picture….. I think its a first. I have also been told that if this sale goes through it will be the first ever bitcoin private house sale in the UK.
The press coverage has been very good, the story has been on lots of crypto news sites and the Daily Mirror. Yesterday I spent over 3 hours with a photographer from the the Daily Telegraph for the Money Section.
Inside the house, we got 3/4 of the way through plaster-boarding the back room ceiling. It seems such a shame but the ceiling there is the original horse hair plaster, its cracked and the decorated ceiling paper is peeling away. I really can’t see anyone else wanting to have it…… the foot through the ceiling has had to go too.
I rang and spoke to the Land registry office and it is perfectly legal to do your own conveyancing . I have printed off the forms to do an ownership transfer and to change the property register; it doesn’t look too difficult and the fees are tiny compared to paying a solicitor. If I can get it all right then I will have advertised and sold the house for under £200.
Had the first potential buyer for bit coin come round with his partner. They were lovely and really got the Bitcoin thing, probably even more than me. If they did become the buyers I could see us staying in touch. We were able to talk geekily about crypto, which is great as I only really know so little.
We did discuss the rapid inflation of Bitcoin value since I started this (over £1000 in a few days) and both agreed that, if they went ahead, we would have to set a date and time and for the exchange and once that was decided, then there would be no recall for either of us no matter what happened to the value vs fiat money.
I think for me its made me realise that the constant comparison with fiat money is actually limiting some of the potential for this as a tool of verified human exchange.
The further down the rabbit hole of crypto I go the more I see that it is the future now. I think that in the same way when the first computers came out, very few could imagine how integrated into our lives they would become, I think crypto and the technology behind it, will become as integrated in to human communications, negotiations and business as computers already are.
Off the back of all the publicity, I also have had a call from ITV, the Judge Rinder team rang to see if I wanted to go on the show; they’d read about the house and thought I seemed an interesting character. That has amused me quite a lot, especially as I have since thought of a person that owes me money that I never thought I’d get back…… we shall see…. I will ponder over the weekend.
I feel positive about the potential buyers as they seemed inspired by my complete disregard for convention and decorating, and were pleasantly surprised by how big the place is. I really hope we can sort out deal, it would be nice to leave 158 knowing that it will continue to be decorated in a truly individual way.
What ever happens, I also hope who ever buys the house loves and has as much enjoyment out of it as I have.