With such an opportunity to spend btc to buy luxury cars-
*Will you be willing to spend your btc to buy car from Honda? Or any other automobile company that will follow the Honda's part?
*Which other automobile company would you want to also accept btc for payment?
*Is this news big enough to trigger market uptrend in the coming weeks, months?
You’d first consider the cost of the vehicle and the attitude of most bitcoiners towards spending their bitcoins. I think a brand new Honda Civic cost about $10,000 to $20,000. That’s a lot of bitcoins to spend on a bitcoin, I doubt many bitcoiners would be eager to make that trade especially if they have the money in fiat. In my opinion, people are more willing to spend small amounts of bitcoins on cheap commodities. Anything close to spending 0.5bitcoins or more may likely not receive the same positive attraction.