Project Description

The Lamborghini Newport car dealership announced today that sold it’s first car with bitcoins. This is most likely the first car in the world to be sold for this online currency.

“Bitcoin, a fully encrypted and fully digital currency, has been used by a recent client of ours to pay for a Tesla Model S Performance we had in our inventory. That’s right, an electronic currency was used to purchase a fully electric vehicle.” – the dealership announced on it’s blog.

Many failsafes are in place to prevent double spending and are impossible to duplicate, they further explained.

Excited to open the door for this new currency, not only for this dealership, but for any retailer in the world. The online currency is sold/bought via one of the many currency exchanges and it’s currently sold for about $1000 per bitcoin.