Mason Borda is a software engineer at BitGo, creator of GitMoney and the multi-signature Ethereum wallet Etherli.In his free time, Mason enjoys fostering creativity and innovation in the Bitcoin space as the organizer of the 21 hackathons.In 2010 the first Bitcoin purchase was made for two pizzas from Papa Johns.By 2011, it was possible to purchase Alpaca socks, and in 2012 VPN access.Today, I preordered a Tesla Model 3 for 2.413612 BTC.When I first read about Tesla Motors, it was in regards to the release of the Tesla Roadster in 2007 on Slate.I remember reading the statistics of the vehicle thinking, how is it possible for an electric vehicle to possibly have a 0–60 time that rivals that of the latest model Ferrari.The reality of such acceleration for an electric vehicle seemed illogical at the time.I was left equally skeptical and excited.This revelation led me to join the electric vehicle engineering club in college, where I led a team to build a battery swapping station for commercial electric vehicles, and coordinated regular tours to Tesla Motors starting in 2010, where we got to ride in a Tesla Roadster.

The ride was better than I had imagined.It was very low to the ground, agile, and one of the fastest vehicles I had ridden in at the time.The acceleration glued me to the seat and propelled me down the highway at an eerily constant torque.I had to have one.Fast-forward to 2016, still just as big of a fan of new and emerging technologies, I have been entrenched in the world of bitcoin.Today, there are many applications coming online that enable consumers to buy everyday goods for bitcoin.So, I decided to perform the momentous act of preordering my Tesla Model 3 with bitcoin.The transaction My weapon of choice was Shakepay, a new application which enables you to load up a one-time-use credit card for bitcoin.Using my homebrew SMS interface for my BitGo web wallet, I loaded up a card on Shakepay with bitcoin, and used the card to preorder a Tesla Model 3.The entire process took me 60 seconds once my card was loaded.There was no credit check involved, or a waiting period for the credit card to arrive in the mail  –  it just worked.

As Steve Coast said, “The world will only get weirder”.How right he was.I just preordered an automobile that I have never seen or touched, which is propelled by electrons flowing through copper wires, that has a 0–60 of under four seconds and supposedly comes with no instrument cluster.I preordered this vehicle with an invisible currency that was invented by a pseudo-anonymous computer programmer who calls himself Satoshi Nakamoto and is likely not Japanese.I made this purchase using a service that dispenses ephemeral credit cards made by some Canadian guy that I met online named Jean, whom I met after placing a $400 bitcoin bounty for creating a Bitcoin payable API endpoint that could order and deliver me pizza upon payment. The leader in blockchain news, CoinDesk strives to offer an open platform for dialogue and discussion on all things blockchain by encouraging contributed articles.A Florida man bought a Tesla Model S from a Lamborghini dealership in Newport Beach, Calif., this week.

It was the first time the dealer had accepted Bitcoin, it said."That's right, an electronic currency was used to purchase a fully electric vehicle," the dealer's blog stated.The buyer, who wishes to remain anonymous, bought the top-of-the-line Tesla (TSLA) for $103,000, which was equivalent to 91.4 Bitcoins on Tuesday, the day of the sale, said Cedric Davy, marketing director at the dealership.bitcoin darknetmarketsThe sale came about after the man contacted the dealership on Monday asking if he could use Bitcoin to pay for the Tesla, explaining that he had been turned down by other sellers, Davy said.gold bitcoin kaufen"We had heard about it before, but we weren't extremely familiar, so we basically did our homework and looked for ways for us to convert it into dollars," he said.bitcoin converter widget

After checking into any legal issues and other research, the dealership worked with Bitcoin payment processor BitPay to handle the transaction.Timing was on the buyer's side.The digital currency, known for its wide price swings, dropped sharply in value on Friday, just days after the purchase.But the dealer didn't need to worry about the risks associated with the volatile currency.BitPay locked in Tuesday's Bitcoin price for both the buyer and the dealership, Davy said.ethereum 1000 price"We're not in the business of speculating so at the end of the day we want to sell the car as priced," he said.play store bitcoin billionaireAfter news broke of the sale, the dealer fielded about 10 phone calls from more car shoppers interested in purchasing a car using the digital currency, Davy said.bitcoin tor setup

"All these people have Bitcoins," he said."I think some people are trying to spend it."Most Teslas are sold online directly to customers by the company.Even in Tesla-owned and -run stores, the transaction is conducted online.Tesla has been fighting in several states in order to sell its cars directly to consumers from coast to coast.In fact, Tesla head Elon Musk came to fame (and riches) as a co-founder of PayPal, a leading digital payment service.litecoin send timeTesla declined to comment on whether or not the company plans to accept Bitcoin as payment anytime soon.will bitcoin boom againVirtual currencies seemed a bit more real following reports last week that someone bought a Tesla Model S using bitcoins in California.litecoin anfängerThe actual story, however, appears a little less exciting, according to the dealership's general manager.

Pietro Frigerio, the general manager of Lamborghini Newport Beach in Costa Mesa, Calif., told CNBC on Monday that he never actually accepted bitcoin during the transaction.Instead he treated the purchase like he would with a buyer asking to pay in foreign currency or gold bars: he told them to convert the bitcoins to U.S.(Read more: Is bitcoin the fad of all fads?)"The transaction in our bank account, we received a wire in U.S.dollars," Frigerio said on "Squawk on the Street.""So you could say that I didn't want bitcoins.And I never touched bitcoins."The dealership used an app called BitPay to transfer the buyer's bitcoins into dollars during the transaction.According to its website, the dealership sells a certified preowned Model S—Tesla's flagship electric car—for about $119,000.The dealership's marketing director told media outlets last week that the car cost about 91.4 bitcoins.The volatile currency was trading Monday at $915 per bitcoin after reaching a high of more than $1,200 last week, according to exchange Mt.Gox.