Want to buy a used BMW i8 with Bitcoin
Discussion
Anyone know some forward thinking place I could do this? Car of the future meets payments of the future, could be a cool PR spin for a deal too.
I'm bringing it back to Ireland (ROI, not North) so I can do any reasonable bank transfer and TBH, don't want that much cash in my account anyhow. I'm looking for something sub 2014-2015 (I need to pay EUR10k import duty on it which scales up with newer plates), ideally with the Pure Impulse Package, under 40k miles, service history, any colour considered.
Cash.. in the form of Bitcoin ideally, waiting.
I'm bringing it back to Ireland (ROI, not North) so I can do any reasonable bank transfer and TBH, don't want that much cash in my account anyhow. I'm looking for something sub 2014-2015 (I need to pay EUR10k import duty on it which scales up with newer plates), ideally with the Pure Impulse Package, under 40k miles, service history, any colour considered.
Cash.. in the form of Bitcoin ideally, waiting.
No, not a bot and no, not that strange if you dont want to fly to the UK, review a car, arrange payment, fly back to Ireland for the 3 business days it may take for the bank transfer, then fly back to the UK to pickup the car assuming you haven't been scammed or car damaged etc since.
With Bitcoin (or any crypto), I can fly over, check out car, pay in person in near realtime, leave in car - done.
No slow bank transfers and no wads of cash. Also, there are other reasons dropping EUR60k into a bank account (from Bitcoin) would be a dubious idea in a tax heavy jurisdiction.
PS: Bitcoin rising or falling in value is irrelevant as putting fiat money into it from EUR/GBP cash is as easy as a transfer or card topup. So paying in cash and paying in bitcoin effectively have the same opportunity cost as they are so easily convertible.
With Bitcoin (or any crypto), I can fly over, check out car, pay in person in near realtime, leave in car - done.
No slow bank transfers and no wads of cash. Also, there are other reasons dropping EUR60k into a bank account (from Bitcoin) would be a dubious idea in a tax heavy jurisdiction.
PS: Bitcoin rising or falling in value is irrelevant as putting fiat money into it from EUR/GBP cash is as easy as a transfer or card topup. So paying in cash and paying in bitcoin effectively have the same opportunity cost as they are so easily convertible.
Edited by kodachrome on Friday 8th December 12:01
DjSki said:
You can pay £100k on a debit card, it's free and instant.
You don't need magic beans for this.
Keep them and wait for the billions.
All the Debit cards I looked into and have access to have EUR10k limits per transaction and EUR20k per day..You don't need magic beans for this.
Keep them and wait for the billions.
Credit Cards can have super high limits but a) I thankfully dont have one and b) attract much higher transaction cost than Bitcoin (approx $15 a transaction).
Looks like Lamborghini - Newport beach accept Btc. 
https://themerkle.com/buy-a-lamborghini-with-bitco...
https://themerkle.com/buy-a-lamborghini-with-bitco...
REALIST123 said:
Out of interest, is there anyone on here who would accept payment in bitcoin for this sort of amount?
If I could tack on a part B to Realist123's question: Can anyone here suggest how two private individuals can make a fast/realtime person 2 person payment of this amount without using the UK Banking system?
You guys get I can't use credit cards or the like unless the seller is a business (and even then not always)? I'm at a loss to a real alternative to bitcoin. PayPal also has a 10k limit per transaction for instance.
PS: FWIW I bought tons of cars in the UK, but never this value before. Bank drafts are not trusted anymore (rightly so, not realtime or verifiable) and cash of this size is not an option.
Edited by kodachrome on Friday 8th December 17:28
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