Peter Saddington becomes One of the first persons to buy a Lamborghini with BTC

[zycrypto]

Peter Saddington has been integral in multi-million dollar Agile Transformation projects with some of the biggest Fortune 500 companies, including Cisco, T-Mobile and so many others.

He was one of the first persons that got to know and see the good potential about Bitcoin around 2011 and has been holding the cryptocurrency.

Peter just bought a Lamborghini Huracan with Bitcoin and he is among the first people to buy a Lamborghini Huracan with Bitcoin.

Read More=> https://zycrypto.com/peter-saddington-becomes-first-persons-buy-lamborghini-bitcoin/

[junoreactor]

Interesting. To me, BTC's value is also there, buying properties with BTC, buying expensive cars with BTC, I don't really believe BTC will one day be used to go shopping in supermarkets. However, big investors may want to pay with BTC when they buy a house for instance.

And also, in the future, I believe most bookmakers will accept Bitcoins so that everyone in the world can bet on sports without any restrictions.

[Opquar]

This is awesome. As much as I would like a Lamborghini though, I don't think now is the correct time to spend Bitcoin for it. Some believe it could go upwards of $100,000, and we've only really reached 5% of that. I'd rather hold. Not that I have enough right now though lol.

[stompix]

He is 4 years late:

https://bitcointalk.org/index.php?topic=378936.0

Goat made this purchase 4 years ago and at that time bitcoin value was way less than it is now, less people were using it and probably for years it was one of the single largest transaction to buy something since that tesla buy from 4chan has never been verified.

[ruskytailz02]

He is 4 years late:

https://bitcointalk.org/index.php?topic=378936.0

Goat made this purchase 4 years ago and at that time bitcoin value was way less than it is now, less people were using it and probably for years it was one of the single largest transaction to buy something since that tesla buy from 4chan has never been verified.

If this is true then he is not that good ... I thought he buy the lambo now and not later... if he buy it as now then he got the jackpot ... I Cant see the thread or article because the internet here sucks .. lucky that there is someone read the link..
And addition to my critcism is if he knew that btc had future why did he bought and use it instead hold and invest more

[stompix]

And addition to my critcism is if he knew that btc had future why did he bought and use it instead hold and invest more

This is one reason bitcoin might fail and probably the only one weakness of bitcoin.
The stupidity of some bag holders who see bitcoin as only an investment you need to hold forever.

If the Lazlo would not have bought that pizza there is the possibility nobody would have used bitcoin for a trade.
And guess what would the value of a coin be at this point if everyone would have just hodl.
A big fat 0.

With nobody spending bitcoin there would be no shops accepting bitcoin, there would be only a few exchanges for miners to sell 1000 coins a day and that would be all, no services accepting bitcoin, no projects no nothing. And the value of your hard hold coins would plummet to the ground. Who needs something you can't use?