Home / Bitcoin Used To Buy Tesla Model S – Electronic Currency Used To Buy Car in California

Bitcoin Used To Buy Tesla Model S – Electronic Currency Used To Buy Car in California

Electronic currency, Bitcoin has now been used to buy a Lamborghini, at Newport Beach Lamborghini.

Electrek  cited the story from the company blog of Newport Lamborghini , “Bitcoin, a fully encrypted and fully digital currency, has been used by a recent client of ours to pay for a Tesla Model S Performance we had in our inventory.  That’s right, an electronic currency was used to purchased a fully electric vehicle.”

“Lamborghini Newport Beach is proud to announce that we are fully capable of accepting Bitcoin as legal tender for vehicles,” the dealership writes. “We are excited to be opening the door to this new currency.”

In case you have not heard of Bitcoin, here is an explanation from the rising new electronic currency, “Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.”

Many are curious whether or not Bitcoin could actually be a viable currency exchange system for the future. Are we at the beginning of something huge or will this fad quickly pass?

Bitcoin Used To Buy Tesla Model S – Electronic Currency Used To Buy Car in California.

About Carl Jackers

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