Yacht company says they’ll take bitcoin, other cryptocurrencies for payment

If you are a millionaire with pockets full of bitcoin, this can be your lucky day, because you can purchase your own yacth using… bitcoin! Yeah, an yacht company decided to accept bitcoin as payment method. In my opinion, if other companies start to accept bitcoins too, this movement can generate a positive impact on cryptocurrency market and consolidate virtual coins like way of purchase.

As bitcoin along with other digital currencies get a broader following, luxury service providers are starting to take notice. The most recent is Florida-based yacht dealer Denison Yachting, which on Friday announced that new, high-end yachts might be bought with bitcoin as well as a few other cryptocurrencies in the Miami International Boat Show, which kicked off this week.

“It is our job as the dealer or broker to produce purchases as easy as you possibly can. So for us this really is just a different work to come to where the client is,” mentioned Bob Denison, president and founder of Denison Yachting. “Sometimes my pals around the dock act like this is a advertising gimmick, but we’ve actually gotten outcomes from it and I definitely believe in it.”

Prospective purchasers could make purchases with their digital wealth, including bitcoin cash, ethereum and Tron, a lesser identified cryptocurrency developed by former Ripple advisor and entrepreneur Justin Sun.

Cryptocurrencies, needless to say, have already been on a wild ride of volatility, with bitcoin off sharply from a record high close to $20,000. Does that make people like Denison unwise to accept it as payment? He definitely does not believe so.

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Additional, it will not be long just before the bitcoin economy is larger than the Baht economy anyway. So forgive me if this does not appear like a stumbling block at all. It looks just like the twitching of a dying legacy currency. Move more than Thai Baht, bitcoin does what it pleases.

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