The Luxurious World of Bitcoin

Bitcoin, currently worth more than $7000, has itself become a luxury in present times. A currency which was built for microtransactions and tipping has evolved to a storage of value in the past few years. Getting A Grip on Luxury We must not forget the famous pizza transaction, in which a user on the Bitcointalk forum bought two pizzas for 10,000 bitcoin. They would be worth at least $70 million at current exchange rates. The purchasing power of bitcoin has also grown at dramatic rates since its inception in 2009. A recent survey conducted by Lend reveals that these trends will continue. Not only that, but investors in the currency are relatively aware of these growing trends. On average, one survey suggests that people would only sell all of their bitcoin investment if the price stood at an astounding $196,165 per coin. Luxury goods and bitcoin are becoming synonymous and here are four luxury items you can now buy with your precious cryptocurrency. Bentley Continental GT A Bitcointalk user giogul has listed his 2004 Bentley Continental GT for 4.5 BTC. He even went ahead and registered his car for sale on De Louvois, a luxury Bitcoin portal. Image result for 2004 Bentley Continental GT A Six Bedroom Waterfront Villa A six bedroom Jersey waterfront villa is for sale. The gorgeous villa features a dock, high-end furnishing, security systems, outdoor kitchen and a swimming pool overlooking the beautiful bay. The property is listed for 320 BTC.