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Bitcoin Is Used for Auto Purchase

Auto Finance NewsbyAuto Finance News
December 9, 2013
in Archives
Reading Time: 1 min read
0

At least one dealer is accepting a new form of payment for cars: bitcoins.

A Lamborghini dealership in Newport Beach, Calif. sold a Tesla worth around $100,000 to a man in Florida for 91.3 bitcoins, according to a report in CNNMoney.

Bitcoin is a digital currency that has been in the news a lot lately – prices have soared, and the involvement of the Winkelvos twins, famous for their role in Facebook’s early days, have attracted a lot of media attention.

The payment was processed by Bitpay, a Bitcoin payment processor.

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