Rolls Royce is accepting bitcoins

[daarul50]

Along with the recent rise in the use of cryptocurrencies and the US SEC gearing up to provide a verdict on multiple Bitcoin ETFs, here we have a luxury brand opting to transactions using Bitcoin.
A Rolls-Royce dealership, Post Oak Motors, in Houston, Texas is now accepting Bitcoin and Bitcoin cash in exchange for the vehicle.
Although this is not the first time that this has been done by an automobile company Earlier this year, a California dealership began accepting Bitcoin for Bugatti Chiron and Pagani Huayra purchases. But it is great to see that bitcoins is now one step closer to becoming a legitimate means to purchase goods. This, again should contribute to investor confidence.

Any chance we are gonna see other luxury brands follow the same tracks?

If the purchase of a vehicle using bitcoin is more and more likely other luxury brands will follow the steps and decisions that have been made by roll royce so that it will also increase bitcoin users and bitcoin prices in the crypto market.

[NavI_027]

A Rolls-Royce dealership, Post Oak Motors, in Houston, Texas is now accepting Bitcoin and Bitcoin cash in exchange for the vehicle.

Just to be clear, is the whole company of Rolls-Royce the one who accept bitcoin payments or Post Oak Motors (one of its dealers) only? Seems that the latter one. If my guess was right then this is only isolated case of crypto adoption which is good but not great (to be honest). Well, this news is inspiring after all and not bad because at least btc was able to move forward. Though this could be considered a small step only, it still matters a lot since this is a part of crypto revolution that we aim aim for.

[Lucius]

The title is misleading, Rolls-Royce is not accept BTC as a means of payment - but only Post Oak Motors as dealership. This is not a first case in USA that dealerships accepts BTC in buying a car, at the end BTC is just a money. They will just use BitPay and get $ on their account, very easy and practically - no need to have wallet or know anything about cryptocurrency.

Situation is even better in Japan where 2 big car dealership start accept BTC some time ago, so you can buy any luxury car like Lambo, BMW, Mercedes or Ferrari by using BTC and Bitflyer.

More info : Japan’s Largest Car Dealership Now Accepts Bitcoin

[louie69]

If the OP's information is correct, then I would say that this could be considered a milestone for btc and perhaps many big car companies would either follow the trend. This achievement is potentially achievable by btc as this has been widely supported by many people that who truly believes in btc. Much better if there should be a legit article about this information so that the ones that may read would believe it.

[stompix]

The title is misleading, Rolls-Royce is not accept BTC as a means of payment - but only Post Oak Motors as dealership. This is not a first case in USA that dealerships accepts BTC in buying a car, at the end BTC is just a money. They will just use BitPay and get $ on their account, very easy and practically - no need to have wallet or know anything about cryptocurrency.

Situation is even better in Japan where 2 big car dealership start accept BTC some time ago, so you can buy any luxury car like Lambo, BMW, Mercedes or Ferrari by using BTC and Bitflyer.

More info : Japan’s Largest Car Dealership Now Accepts Bitcoin

You realize that even the article you mentioned is misleading?

the chain will first start the service at its 24 dealerships, but its plan is to eventually accept the digital coin in 550 additional locations.

Just like the others, they will accept coins only in 5% of their locations

Just to be clear, is the whole company of Rolls-Royce the one who accept bitcoin payments or Post Oak Motors (one of its dealers) only? Seems that the latter one.

Of course it's the second one!  
The first is impossible and will never happen.
Rolls-Royce (who btw is owned by BMW), just like many others is not selling cars directly, they are doing this through dealerships, you are never going to buy an Audi or a BMW directly from the manufacturer.

[gentlemand]

Well, then this is another milestone for crypto currency hence renowned Rolls Royce is now accepting bitcoin which means big player are now adapting bitcoin as part of their business as payments. This could boost bitcoin's adaptation and being accepted to all businesses soon.

Use your mind. It really, really wants to be used.

What do you think is more likely -

A - Rolls Royce, the enormous conglomerate takes BTC for their jet engines and nuclear reactors.

B - Some hustlers in Houston set up a Bitpay account and hope for some Bitcoiner to turn up and splurge their free money once or twice a year.

[ParveZ219]

Yes almost all over the world everyone started accepting Bitcoins except the places where Bitcoin is banned.. and Bitcoin is the common currency all over the world and after all every business man wants to accept every type of money so Amazon some other shopping sites Rolls-Royce and almost everyone started accepting cryptocurrency is also

[nick_nick]

Along with the recent rise in the use of cryptocurrencies and the US SEC gearing up to provide a verdict on multiple Bitcoin ETFs, here we have a luxury brand opting to transactions using Bitcoin.
A Rolls-Royce dealership, Post Oak Motors, in Houston, Texas is now accepting Bitcoin and Bitcoin cash in exchange for the vehicle.
Although this is not the first time that this has been done by an automobile company Earlier this year, a California dealership began accepting Bitcoin for Bugatti Chiron and Pagani Huayra purchases. But it is great to see that bitcoins is now one step closer to becoming a legitimate means to purchase goods. This, again should contribute to investor confidence.

Any chance we are gonna see other luxury brands follow the same tracks?

Rolls- Royce accepting bitcoin as a medium of exchange is a positive indication of the increase in the adoption and acceptance of Btc. I strongly believe its a high time the entire Rolls-Royce dealership across the globe to accept BTC not just some branch.

[LeGaulois]

Re: Rolls Royce is accepting bitcoins

Rolls Royce is not accepting bitcoins OP sucks, he doesn't even understand the article he posted. It's a dealership, nothing more.
If I accept to sell my Audi cars for bitcoins it doesn't mean Audi is accepting bitcoin to buy its cars

[Reid]

Where the official link or statement from Rolls Royce that they’re set to accept BTC as payment for their cars?

Title: You Can Use Bitcoin to Buy a New Rolls-Royce in Houston
Link: https://www.thestreet.com/investing/you-can-use-bitcoin-to-buy-a-new-rolls-royce-in-houston-14703200

So, yeah. Just in Houston. Might not be that much of a big deal compared to if it was Rolls-Royce internationally, but hey. Adoption is adoption no matter how big or small.

Correct. It is still good news. Somehow we as bitcoin users can crawl this down into getting small merchants. While this one is a big name but just in one place it is still a positive reflection to bitcoin.

Somehow that company have a management that looks into bitcoin as a real currency.
Now, we will just have to follow this and maybe boost them into getting it in an international state so that it will be seen more.

[Supremacy1]

I pray others follow the suit , the adoption and usage of bitcoin need to expand , so we can make more money from the volatility

[Ahimoth]

Well, then this is another milestone for crypto currency hence renowned Rolls Royce is now accepting bitcoin which means big player are now adapting bitcoin as part of their business as payments. This could boost bitcoin's adaptation and being accepted to all businesses soon.

Wow this is such an amazing news for the whole bitcoin community. Well we all know that rolls royce is indeed a famous organization. It is one of the highest sellers of cars all over the world. In this acceptance being said and done we must take advantage of it and strive more so that someday we can use bitcoin in buying rolls royce product.

[AliMan]

Well, then this is another milestone for crypto currency hence renowned Rolls Royce is now accepting bitcoin which means big player are now adapting bitcoin as part of their business as payments. This could boost bitcoin's adaptation and being accepted to all businesses soon.

This is indeed a good news for the whole bitcoin community because it's a great milestone. Well sad to say the price of rolls royce is just so high that in order for you to buy it needs a lot of patience and dedication. I hope this will inspire many bitcoin users to save more and earn in this system so that soon we can all buy rolls royce of our own using bitcoin.

[supremacy10]

It is a good news , many big companies can also do same soon, it will increase the usage and popularity of bitcoin and made government to adopt it

[Victorik]

This coming  from Rolls Royce, a luxury car akin with the rich will in no doubt help to spread the bitcoin among these class on persons, and in turn may fuel their interest to investing in it. Bitcoin keeps soaring high despite the many FUD against it.

[Lucius]

The title is misleading, Rolls-Royce is not accept BTC as a means of payment - but only Post Oak Motors as dealership. This is not a first case in USA that dealerships accepts BTC in buying a car, at the end BTC is just a money. They will just use BitPay and get $ on their account, very easy and practically - no need to have wallet or know anything about cryptocurrency.

Situation is even better in Japan where 2 big car dealership start accept BTC some time ago, so you can buy any luxury car like Lambo, BMW, Mercedes or Ferrari by using BTC and Bitflyer.

More info : Japan’s Largest Car Dealership Now Accepts Bitcoin

You realize that even the article you mentioned is misleading?

the chain will first start the service at its 24 dealerships, but its plan is to eventually accept the digital coin in 550 additional locations.

Just like the others, they will accept coins only in 5% of their locations

How is that article misleading for you? It is about car dealership in Japan who accept BTC as a means of payment. For start they offer this service in some of stores, after test period they maybe include this service in all locations.

Since this is 8+ month old news, maybe today situation is much different and there is more then 24 locations.

[12tribes]

Well, if the big flyers are beginning to play around with the 'stuff' - bitcoin, then we all know its just a matter of time before the domino effect is felt in the entire financial sphere. For now the guys with the bucks profit. Hope the small and medium range folks will be considered in earnest.

[stompix]

~

How is that article misleading for you? It is about car dealership in Japan who accept BTC as a means of payment. For start they offer this service in some of stores, after test period they maybe include this service in all locations.

Since this is 8+ month old news, maybe today situation is much different and there is more then 24 locations.

Yes, it is just as misleading as the other news...

I go to buy a BMW with coins, they tell me that only that dealer is accepting coins not them.
I go in Tokyo to that dealership that says it is accepting coins, they say, sorry only the branch is Kyoto is accepting.
I won a free soda can that is redeemable in any store but when I try to get a free one only some of the stores are accepting the winning cap and they are all located on the other side of the town.

All those are examples of misleading the customer.

You don't publish an article with "The x dealership is accepting BTC", you must say from the title "In some locations, the x dealership is accepting BTC ".

[SilverChromia]

Rolls royce is known by its popularity and one of the luxury brand of cars or vehicles for many years and it is good that one company like this in transportation or vehicle companies will recognize bitcoin and have a feature that can use for their own deals in and out and to have a fast and easy transactions so many car investors can use this feature to have a transaction without hassle.

[hadveach]

that is good information, I see that in the future many luxury brands will accept bitcoin, do you know that today Samsung supports bitcoin and the crypto world?

even when bitcoin becomes legal for transactions, I think other luxury brands will follow.
today maybe bitcoin is widely used for restaurants and business online payments, and in the future bitcoin will be more than that.