We have had a few posts and discussions about BitCoins in the Community over the last several months. Today I see another interesting article that shows it is truly amazing how these things are being used.
A Florida man bought a Tesla Model S from a Lamborghini dealership in Newport Beach, Calif., this week. It was the first time the dealer had accepted Bitcoin, it said.
"That's right, an electronic currency was used to purchase a fully electric vehicle," the dealer's blog stated.
The buyer, who wishes to remain anonymous, bought the top-of-the-line Tesla for $103,000, which was equivalent to 91.4 Bitcoins on Tuesday, the day of the sale, said Cedric Davy, marketing director at the dealership.
If you want to try it now, just a few days later, you better be prepared to pay more: evidently the BitCoin took a sharp drop in value Friday. I am curious, and I wonder if that drop had anything to do with what our good friend Jasper brought to our attention a few days before? I wonder even more if that fancy car was paid for by PUAs!
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BTC China has said that local payment companies have been blocked from providing it with clearing services.
It means that the firm - the world's biggest Bitcoin exchange in terms of trading volumes - can no longer accept yuan-based deposits.
Prices tumbled following the news.
One bitcoin was trading for as low as 2,560 yuan ($421, £258), according to the South China Morning Post.
That compares with an all-time high of 7,588 yuan ($1,250; £764) in late November.