Is it real to buy car with bitcoin?

Is it real to buy car with bitcoin?

Cryptocurrency aims to become an alternative to the traditional money, and in this direction, virtual finance has made a huge step forward: in our days you can buy clothes with bitcoin, become the owner of a new car or a comfortable cottage outside the city. Many expect digital gold to be such a result, and they are actively engaged in mining or playing on the crypto exchanges in order to improve their financial situation.
 
Table of content
- New generation of traders and consumers
- Where can I buy an auto for BTC?
- Clothes for the crypto online and offline
- Some useful tips for the buyers in conclusion
 
How BTC changes consumers’ lives
 
The majority of people are in constant search of earnings. Someone is engaged in physical labour, applying their skills in this area. Some are happy with their education and talents, advance the career ladder, take a high position in the society and enjoy the benefits. Bitcoin in 2017, when its value grew, and every man and his dog were talking about it, radically changed people's lives, because now gold, silver and paper money were transformed into a world of computer algorithms. The blockchain technology made good use in many other spheres of life. Assured by the creators of such schemes and enthusiasts, bitcoin has a great future.
 
You can accept or not the fact that the cryptocurrency will replace the usual money and allow getting payments from the control of the states. You are able to think that it is another soap bubble but this phenomenon has a high level of capitalization, which amounts to billions of USD. It also becomes an investment aim for the large corporations, data centers are turned into mining farms as well. How long this will last, no one can assume, so most of the people who get bitcoin through mining or the traditional purchase / sale / exchange transactions, try to take an advantage of its high cost and buy car with bitcoin or any other material values.
 
Car Market and Bitcoin
 
To begin with, let's analyze how you can pay with a cryptocurrency for a new or used car. It doesn't even matter much what you are going to purchase for your digital coins. The main thing is to find retailers that accept BTC, and among them already specifically look for the auto sellers. There is a special service Coinmap, which will help you find someone who accepts payment in crypto. Let's face the truth and do not expect that tomorrow all showrooms will start selling products in this way. All these sellers, ranging from the owners of tiny cafes, where you can buy a cup of coffee for cryptocurrency and ending with industrial equipment distributors, are just crypto-enthusiasts.
 
In truth, Bitcoin as a monetary unit is very risky. First, no one knows how the government of this or that country will behave. There are many countries where cryptocurrency is banned in any form and even for a small advertisement they can put a person behind bars. Of course, there are bitcoins friendly countries where you can even get a pre-ICO license. The second reason why bitcoin does not go into the mass circulation is its fantastic volatility. The course can change during the day quite seriously, i.e. not only to rise, but also to fall against the USD. It can lead to the serious financial losses.
 
So what about the participants of the automobile market? Many of them don’t want to deal with cryptocurrencies. Suffice it to recall the story of the Bentley sale by one of the car dealers in Russia for 55 bitcoins. Such a purchase attracted the attention of fiscal authorities, since it is impossible to pay this way, and it was necessary to transact everything into the fiat. The buyer actually spent a larger amount than the car cost. It will be correct to pay with the bitcoin after transferring it into the traditional money, for example, to a credit card, and then to pay for the purchase to the seller.
 
And we are still interested in how to buy a car with bitcoin without conversions, bypassing exchangers and other intermediaries who will take a considerable percentage of the fee. For this purpose, let's make a trip to the USA and try to buy a car in one of the places listed below.
 
- Orange County (California)
 
In sunny California, you can now buy Tesla for Bitcoin. This opportunity is offered by the Lamborghini dealership. The first buyer purchased Tesla Model S for 91.4 BTC.
 
- Dallas (Texas)
 
Sam Pack's Five Star Ford is a company that offers new cars of a popular brand for Bitcoins. Why not to phone them right now?
 
- Overland Park (Kansas)
 
Jeep Dodge Ram Chrysler invites you to buy an iron horse for the cryptocurrency. This event was announced recently and pleased with the crypto-enthusiasts greatly.
 
In order to buy car with bitcoin you can also go to Australia to Melbourne. The Australian concern Tomcar sells cool off-road cars for bitcoins. No time for trips?
The automobile web platforms, for example, BitPremier, are at your service. This resource specializes in the sale of luxury brands of cars Ferraris, Bentleys and so on with an excellent discount. Bitcar is another Internet platform where you can find a large number of cars for cryptocurrency.
 
Where can I buy clothes with Bitcoin?
 
If Chrysler, Ford or Bentley you still can not afford, and you just want to buy new jeans or an evening dress for crypto coins, everything is much simpler here. You do not have to worry so much for your purchase, because the amount will be small in comparison with the cost of the car. Also, you do not need to have documents for such a property. There are many resources on the Internet that will help you look stylish and fashionable for your virtual savings.
 
It is possible that during a walk around the big city or a shopping center, you will see a sign "we accept Bitcoin" with a picture of a BTC logotype. Many retailers thus attract buyers, and clothing stores also do not refuse such exotic PR moves. However, the lion's share of purchases of clothes, shoes and accessories is online; for example, on the service Overstock you can buy a lot of interesting and even design things. Such trading giants as Amazon and eBay have been taking Bitcoin as a monetary unit for a long time.
 
Conclusion
 
So, we see that it is possible to buy a car with bitcoin, as well as buy another thing of lower value, for example, a T-shirt. Is it worth thinking that in the near future the number of such proposals will be greater? Everything depends on the dynamics of the cryptocurrency development and the stabilization of its rate. People who do business need guarantees first. Buyers for their part should be careful when making purchases. Incorrectly entered address of the bitcoin wallet means that your coins go "to nowhere". Canceling the transaction or withdrawing the transfer will not work. Also in the field of bitcoin trade there are a lot of scammers and before contacting the seller, make sure of the reputation of the store or the person who offers you goods for cryptocurrency.



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