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Sotheby's to accept Bitcoin or ether

Binance

Cryptocoins Exchanges / Binance 302 Views

International auction house Sotheby’s will accept payment in Bitcoin or Ether at the sale of a 101.38-carat diamond this Friday.

The pear-shaped flawless diamond could fetch as much as $15 million.

Auction houses are increasingly accepting cryptocurrencies for payment, with Phillips offering a piece from street artist Banksy last month for Ether or Bitcoin

Sounds like good news , but will the auction house then decide to liquiditate the bitcoin or ether, because that would be bad news right?

submitted by /u/the_damj
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