Post
Topic
Board Economics
Re: Crypto and automobile
by
Menawi12
on 28/04/2018, 08:21:01 UTC
I'm just curious when can I start buying my dream cars with altcoins, I mean can huge automobile companies like Toyota, Ford and Nissan start accepting cryptocurrency as means of exchange

You can do it today if you have enough BTC,for instance if you live in USA there is some car dealers who will gladly accept your crypto.For Europe it seems to be only one one car dealer in Italy for now,but somehow it seems to me that this information is incorrect.

However it will take some time that payments with cryptocurrency become commonplace practice,maybe in next 5-10 years you will not ask such question Wink

Its seem nice if they can accepting bitcoin for payment. Many country including my country, can not use bitcoin for payment because regulation.
But if we want to buy automobile with altcoin, i think we can convert our profits to fiat first before buying car in dealer  Grin