In Calgary, rental company Barclay Street is offering commercial real estate with the option for tenants to pay in cryptocurrency; bitcoin, ether, or litecoin rather than the Canadian dollar.
Cryptocurrencies are known for being eruptive, reaching high values and extreme lows in less time compared to the Canadian dollar. These coins fluctuate 10% or more than the Canadian dollar every day, but despite the risk, landlords like Barclay Street are innovating to remain competitive.
From crypto, to artificial intelligence, and the cloud, in 2019 being an early-adopter is what the digital economy is all about. Working with entrepreneurs and business leaders we know risk is required for reward and we commend Barclay on their innovative practices.