Aviatrade accepting BTC as payment for $40 million Gulfstream private jet - page 2.

btc_angela

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Quote from: glowing10 on September 14, 2020, 07:20:10 AM

Just by enabling the btc as a payment mode they have created the buzz in the market for themself about the jet and for the bitcoin. This is going to be the big news in that country and also we can see it will be much talked event since here millions of $we are talking about the transaction to happen once this deal gets finalised and hopefully if the buyer can use btc much better.

Right, it created a buzz just like this news, 10 Car Companies That Accept Bitcoin. So it will be really nice is someone really take a bite out of this offer as made payment thru bitcoin, (as far as I understand the company mentioned crypto, so it means alt coins as well). So it will really crypto a lot of positive news for bitcoin if this happens.

Vatimins

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It would be nice if it were "ONLY BUYABLE" with crypto currencies. But that would be irrational lol. Seriously though, it would be a better idea to out it in bidding and the only accepted bids would be crypto currencies. I can only imagine how fun it would be and how many silent whales would reveal themselves just to get a hold of this aircraft. Stil though, I think there would be ay least a few whales who would be interested in this aircraft.

yazher

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Now, this is some unique news right here and you won't hear something like this every day. they're really up to something with bitcoin because accepting it for a private jet like this means a lot for the market and for the industry of crypto since this is not a joke and come from a trusted source. it will boost the trust and hope of the investors who currently holding it. By the way is there any source we can see if how they will gonna make the deal with this offer?

Lucius

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I don't see anything unusual in anyone nowadays offers the option of paying with Bitcoin - because most sellers use payment processors that pay them the equivalent in fiat. In other words, the seller will never come into real contact with Bitcoin, will not have to have a crypto wallet and worry about security - the money will go directly to his bank account.

Quote from: Jating on September 14, 2020, 05:37:51 AM

~snip~

There are people for whom this is not a large amount (around 385 BTC), and we are talking about those who mined in the first 4 years when the reward per block was as much as 50 BTC - so just one block per day makes 1500 BTC per month. It’s also not just a matter of someone not wanting to spend their BTC, but maybe the point is more that they don’t want to compromise their safety or maybe pay taxes.

There are thousands of sellers who accept BTC as a means of payment, but people don't really use it - but you probably mean some big players like Amazon, which again wouldn't mean that everyone will pay with BTC even if it becomes available.

leeboy

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And how many of people in crypto have enough money for this?

glowing10

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Just by enabling the btc as a payment mode they have created the buzz in the market for themself about the jet and for the bitcoin. This is going to be the big news in that country and also we can see it will be much talked event since here millions of $we are talking about the transaction to happen once this deal gets finalised and hopefully if the buyer can use btc much better.

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Quote from: avikz on September 14, 2020, 06:46:29 AM

The headline of the article caught my eye while I was reading and it could be a factor why Bitcoin is a good payment option.
It read; "This $40 million Gulfstream private jet can be bought using bitcoin as aircraft sales firms attempt to lure international buyers – take a look inside"
I am not an expert, but I assume selling a property like an aircraft would be quite complicated, especially when dealing with international buyers.

The current global situation presents another problem; Travel restrictions are in place in many countries, so both parties cannot send a representative and transactions would most likely be made digitally. Many countries are also going through crisis with massive inflation in both large and emerging economies. The conversion rate to a foreign currency may not be favourable for buyers

Rather than converting back and forth between currencies, Bitcoin could offer a solution to international clients who would be interested in making a purchase.

avikz

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Billionaires have a very different mindset than the common people. They usually don't exchange a potentially profitable asset against a depreciating asset. Bitcoin has a very high profitability potential whereas the private jet will only depreciate in value over time.

I am sure no billionaire will buy this private jet using bitcoin as a medium of exchange. They would rathe use cash from their bank account.

Poker Player

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Yeah, well, good news but we need more companies that charge $1-$100 for goods or services to accept bitcoin directly (not through credit cards that convert bitcoin to fiat, bitrefill, etc).

Jating

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Quote from: Oshosondy on September 14, 2020, 05:03:57 AM

There was a time bitcoin was not accepted in the world, but gradually because of bitcoin decentralized nature, people were able to accept it many years ago, and after its first trade in 2010, the rate of its adoption increased. This kind of news do surprise before before but not anymore because bitcoin is now known world wide. The best we can only expecting is that bitcoin will be more used in the world. There are many countries and organizations that are now friendly to bitcoin. Bitcoin has been the promising future coin.

I agree that the rate of adoption has increased in the last 5 years or so, $40 million? Only a few can afford this so I don't see it as adoption though. What we need is more online merchants started to accept bitcoin as one of their payment scheme instead of some big companies like Aviatrade testing their hands on crypto.

And usually those kind of people who have $40 million worth of bitcoin today won't simply or are not going to let go of their precious bitcoins. They might buy it in fiat equivalent and then just hold because the potential that bitcoin can hit all time high next year is high, wealth preservation or wealth appreciation for wise whales.

Oshosondy

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There was a time bitcoin was not accepted in the world, but gradually because of bitcoin decentralized nature, people were able to accept it many years ago, and after its first trade in 2010, the rate of its adoption increased. This kind of news do surprise before before but not anymore because bitcoin is now known world wide. The best we can only expecting is that bitcoin will be more used in the world. There are many countries and organizations that are now friendly to bitcoin. Bitcoin has been the promising future coin.

Yaunfitda

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Quote

Aviatrade just introduced a new payment platform for its aircraft inventory allowing buyers to pay with any kind of cryptocurrency and the first plane available for purchase with the virtual money is a Gulfstream G650ER that just came on the market. The six-year-old plane has spent time in New Zealand and Asia but is now returning to its birthplace at Gulfstream's headquarters in Savannah, Georgia as it undergoes routine inspections and awaits a new owner.

https://www.businessinsider.com/gulfstream-g650er-can-be-bought-with-bitcoin-for-40-million-2020-9

So Aviatrade is willing to accept BTC as payment for this luxurious Gulfstream G650ER, with notable owners like Jeff Bezos and Elon Musk. It will be interesting to hear as whether some whales are willing to purchase or even big time gamblers or billionaires willing to buy it in BTC.

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