https://www.cnbc.com/2018/02/07/bitcoin-millionaires-are-buying-lamborghinis-with-cryptocurrency.html
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Musicians and star athletes come to shop for luxury cars at MotorCars of Georgia, a dealership just outside of Atlanta.
Quavious Marshall, better known as Quavo of local rap group Migos, bought a Silica White McLaren 720S from there in November. Ricardo Lockette, a retired Seattle Seahawk wide receiver, posed for an Instagram photo with a blue Lamborghini Huracan in December. Even Shaquille O'Neal has stopped by.
Last fall, the dealership also got a visit from Peter Saddington, a seemingly unassuming 35-year-old coder who is neither a rapper nor a celebrity.
He caught the attention of the dealership though — and the internet — by cashing in 45 bitcoins to drive away with a $200,000 2015 Lamborghini Huracan with a white matte wrap and race exhaust features. Thanks to an early interest in cryptocurrencies, buying those 45 bitcoin cost Saddington less than $115.
The bitcoin enthusiast's Lamborghini purchase isn't just a crazy bargain. It reflects a trend of the new rich spending their cryptowealth on the Italian super car.
Quavious Marshall, better known as Quavo of local rap group Migos, bought a Silica White McLaren 720S from there in November. Ricardo Lockette, a retired Seattle Seahawk wide receiver, posed for an Instagram photo with a blue Lamborghini Huracan in December. Even Shaquille O'Neal has stopped by.
Last fall, the dealership also got a visit from Peter Saddington, a seemingly unassuming 35-year-old coder who is neither a rapper nor a celebrity.
He caught the attention of the dealership though — and the internet — by cashing in 45 bitcoins to drive away with a $200,000 2015 Lamborghini Huracan with a white matte wrap and race exhaust features. Thanks to an early interest in cryptocurrencies, buying those 45 bitcoin cost Saddington less than $115.
The bitcoin enthusiast's Lamborghini purchase isn't just a crazy bargain. It reflects a trend of the new rich spending their cryptowealth on the Italian super car.