Buying stuff with bitcoin

Buying stuff with bitcoin

Menu IconA vertical stack of buying stuff with bitcoin evenly spaced horizontal lines. Lamborghinis as the ultimate status symbol in their community.

135, because they invested in crypto before its value spiked. At the same time, Lamborghini reported record sales in 2017. Silicon Valley may be flush with cash, but its monarchs often don’t like to flaunt their wealth. So far, cryptocurrency millionaires have been the exception. People who made their riches in bitcoin and ether, the second largest cryptocurrency by market value, are buying Lamborghinis as the ultimate status symbol in their community. The sexy Italian sports car has become an internet meme: When a new coin promises to make buyers a lot of money, someone might ask, “When’s Lambo? 3 a piece when Saddington bought the digital currency back in 2011.

Buying the Lambo with bitcoin is proof it can be used for real transactions, buying really cool stuff,” Saddington told Yahoo Finance in 2017. It’s not only used by criminals. The car was used, and Saddington paid the seller directly in bitcoin. In 2015, realtor Piper Moretti, whose company The Crypto Realty Group specializes in helping people buy homes with crypto, saw one of her first crypto-clients buy a Lambo with bitcoin. 2 million home on Manhattan Beach.