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Author Topic: Hublot's $25,000 watch can only be purchased with Bitcoin  (Read 77 times)
Sherwood_Archer (OP)
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November 07, 2018, 07:13:56 PM
 #1

https://www.engadget.com/2018/11/07/hublot-bitcoin-watch/
Hublot is also planning to give customers the option to buy its other watches with cryptocurrencies.
It's called the Meca-10 P2P, and it was designed for the cryptocurrency's 10th year anniversary. In fact, Hublot will engrave the unique Bitcoin transaction number you used to pay for the device on the edge of its bezel before shipping it. According to Bloomberg, one Meca-10 P2P will set you back around $25,000, based on the current Bitcoin value.

Hublot is only making 210 pieces as a reference to the 21 million global Bitcoin limit, and the company told Bloomberg that it has already received over 210 orders for the device. The company has teamed up with Hong Kong company OS Limited (OSL) to perform background checks on the buyers, since every application is subject to approval. OSL will also conduct anti-money-laundering checks to ensure no bad actor is using the opportunity to turn illegally-obtained cryptocurrency into a legit luxury good.

I'd buy it if I have the $25,000 as it would really be collectible.
UconBit
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November 09, 2018, 05:30:18 PM
 #2

25000 omg... that's a lot of money for a watch! lol
simonaoana
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November 09, 2018, 07:21:14 PM
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Too much money. With that money here i can build a house with 2 rooms, kitchen and bathroom.
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