Litecoin used to buy four F1 Cars

in cryptocurrency •  7 years ago 

Interesting story I came across today: Chinese Whale Buys Fleet of F1 Cars Worth £4 Million with Litecoin
Source: https://news.bitcoin.com/chinese-whale-buys-fleet-of-f1-cars-worth-4-million-with-litecoin/


Source: https://news.bitcoin.com/chinese-whale-buys-fleet-of-f1-cars-worth-4-million-with-litecoin/

Given Litecoin's huge increase in value in the last few weeks, it's even more interesting. Who stands to do better: the buyer, or the dealership? All very interesting. As pointed out in the article, it also points towards cryptos being used for "normal" transactions as opposed to getting rich.

To quote...
Eleesa Dadiani, founder of Dadiani Syndicate, commented: “We are hugely excited to be conducting the sale of these exquisite machines in cryptocurrency. Cryptocurrency is not just about ‘getting rich’ – it is about facilitating trade and investment in a more transparent, decentralised way.”

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