LAist relies on your reader support, not paywalls.
Freely accessible local news is vital. Please power our reporters and help keep us independent with a donation today during our fall member drive.
Someone Bought A Tesla With Bitcoins
A row of Teslas (Photo by Windell Oskay via the Creative Commons on Flickr)
In addition to being able to being able to use bitcoins to purchase a boob job or eat at restaurants, folks can now buy a Tesla with the virtual currency too.
At an Orange County Lamborghini dealership, an Orlando man bought a Tesla Model S electric car this week, according to Slash Gear. And good news for the ones itching to use up their bitcoins: the dealership will be accepting it going forward as well.
“It’s just another method to sell cars,” car salesman Nick Jones, who handled the deal for the Lamborghini Newport Beach dealership, told the Orange County Register. “He’s happy.”
After a federal judge ruled back in August that bitcoins were a legitimate form of currency, the value skyrocketed to above $1,200, but dropped down to around $945 after China's Central Bank ruled they didn't accept the coins, according to CNET and Slash Gear.
Related stories:
Why One Los Angeles Restaurant Started Taking Bitcoins