Along with the recent rise in the use of cryptocurrencies and the US SEC gearing up to provide a verdict on multiple Bitcoin ETFs, here we have a luxury brand opting to transactions using Bitcoin.
A Rolls-Royce dealership, Post Oak Motors, in Houston, Texas is now accepting Bitcoin and Bitcoin cash in exchange for the vehicle.
Although this is not the first time that this has been done by an automobile company Earlier this year, a California dealership began accepting Bitcoin for Bugatti Chiron and Pagani Huayra purchases. But it is great to see that bitcoins is now one step closer to becoming a legitimate means to purchase goods. This, again should contribute to investor confidence.
Any chance we are gonna see other luxury brands follow the same tracks?
This is some great news but I would appreciate more if bitcoin can be used to buy cheaper and more usable things. On the positive side, this will truly bring confidence to the investors and to the holders of bitcoin. To that end, I wish someday that I will be able a car like that when I have saved enough crypto.