Loc Tran is selling an iPhone, but not for cash. On Saturday, the 22-year-old George Mason University student posted a brief ad to Craigslist: Brand new, unopened iPhone 5 for three Bitcoins. Not $390, the cash equivalent — three Bitcoins only.
“I saw an investment there,” Tran said. “If there’s more demand for bitcoins, the value will go up. So I could gain more value than the phone is actually worth.”
