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Lamborghini dealership starts accepting Bitcoin

06
Dec
2013

A Tesla Model S has been purchased with Bitcoin, the virtual currency that mimics cash on the internet, at a California dealership. Thats right, an electronic currency was used to purchased a fully electric vehicle, Lamborghini Newport Beach announced on its blog. The blog post is dated Wednesday, when a single Bitcoin was worth around $1,150, so the car would have cost around 55 bitcoins. The value of Bitcoin has dropped to about $930 since then, however, after the Chinese government banned it from banks, so the same car would be 67 bitcoins today.

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