Posted on 02/17/2018 4:40:19 PM PST by goldendelicious
First Malibu mansions, next ultra luxurious yachts.
The ways in which cryptocurrency enthusiasts can spend their virtual riches is growing, if only for those who are millionaires at least on paper.
As bitcoin and other digital currencies gain a broader following, luxury service providers are starting to take notice. The latest is Florida-based yacht dealer Denison Yachting, which on Friday announced that new, high-end yachts can be purchased with bitcoin and a few other cryptocurrencies at the Miami International Boat Show, which kicked off this week.
"It is our job as the dealer or broker to make purchases as easy as possible. So for us this is just another effort to come
(Excerpt) Read more at cnbc.com ...
"Potential buyers can make purchases with their digital wealth, including bitcoin cash, ethereum and Tron, a lesser known cryptocurrency developed by former Ripple advisor and entrepreneur Justin Sun."
Now when people ask you what you can do with cryptocurrency, you can tell them you can buy a yacht
...it can buy me a boat.
It can buy me a truck to pull it...
Hopefully they will be forward thinking enough to list yacht prices on a dry erase board
when lambo?
Drug money for fast boat, convert to cash before bitcoin worthless. What can go wrong? And bet the taxman will like an accounting and share of taxes from those spent bitcoin.
Dang! When I grew up you could get a haircut or a gallon and 1/2 of gas for 2-bits...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.