ManageGo announced the addition of the ability to pay rent in Bitcoin, Litecoin and Ethereum to its payments app. Tenants will be able to use these cryptocurrencies to pay monthly rent.
This app is powered by the Coinbase API. The application converts any cryptocurrency used as payment into US dollars, which are instantly credited to the landlord's account.
ManageGo Vice President Ham Lowensteim noted in his interview with Technical.ly that the company has no intention of investing in cryptocurrency; all funds received in this way are immediately converted into conventional currencies.
He also told the news portal: “Cryptocurrencies are a very convenient payment method, in our case, its advantage is security and low transaction costs. We are confident that we can safely use these payment methods in our application.”
Lovensheim believes that the integration of cryptocurrencies into the ManageGo payment system will help it become more popular. As recent surveys show, every month more and more people are beginning to realize the benefits of cryptocurrencies. “We thought this would be next-level convenience,” the vice president added. Despite the fact that there are still few companies in the world providing this type of service, earlier this year the Swiss company Vision Apartments and the Czech startup Flatio.cz also announced that they would accept cryptocurrencies. Using Bitcoin, Litecoin or Ethereum you can now rent a house in Prague, Ostrava, Brno.
Unlike its American and Czech colleagues, the Swiss company only accepts Bitcoin.
According to https://www.coindesk.com
You May Also Like
Bitcoin is Dutch tulips! Or not?
Many cryptocurrency haters like to use the analogy of “Dutch tulips” as a typical argument against Bitcoin. But more often than not, they can rarely, on the one hand, explain why these events are similar, and on the other hand, tell what “Dutch tulips” are, getting confused in definitions and historical facts. Let's try to understand the issue in more detail and find out what these two phenomena have in common.
The crypto community watches the war on the eve of the fork
The next few days will be filled with interesting news for people interested in Bitcoin Cash. Two factions have grouped themselves around development teams who have prepared an update that will make BitcoinABC and BitcoinSV incompatible with each other. BitcoinABC is the “main” BCH client and also has the support of the most prominent BCH developers and several exchanges, while BitcoinSV is controlled largely by nChain and Coingeek.
