QuestionCan I Buy a Tesla Using ETH (Ether Cryptocurrency)?(self.teslamotors)submitted by If not, how are the prospects for doing so in the future?Tesla’s New Model 3 Reserved With Bitcoin as Tesla/Bitcoin Relationship Grows.Tesla and their revolutionary product line have continued to defy the odds and conventional wisdom through innovation since 2008 when they sold their first Tesla Roadster.Less than a year later, Bitcoin has done the same for decentralized digital currency, bringing the economic world closer together, against the wishes of virtually every established interest.Tesla has been the Bitcoin of the automotive industry, in innovation, duration, and while incorporating a direct, non-franchise dealer approach, lot much different then Bitcoin’s peer-to-peer business model.Now, the new Tesla Model 3 builds on their relationship, through the massive pre-ordering campaign done last week.Before getting to the details of the newest collaboration of these two rebels with a cause, let’s revisit the previous work together between these two kindred spirits.

A Florida Lamborghini dealer sold a $103k Tesla Model S in early December of 2013 for the sum of about 91 Bitcoins.The timing was very interesting, given the fact that Mt.Gox was in its final death throws, and would officially collapse just two months later.According to Coindesk , one Bitcoin was worth well over $1000 USD on December 5th of that year.Once the dealership did its due diligence, and hooked up with BitPay , Bitcoin’s leading merchant processor for business, another ten Bitcoin owners looked to dump their BTC into luxury rides.They got while the getting was good.By the end of December, BTC had already lost about 30% of its market value, and the market correction did not end until mid-January of 2015 when values dropped below $180 USD.This purchase has been generally deemed to mean that Tesla, and Lamborghini, accepts Bitcoin directly, which is not exactly true.I have seen no information from Tesla or Lamborghini proving their accept Bitcoin directly.Yet, there are individual dealers who may choose to integrate with BitPay to make a sale happen for Bitcoin owners, which is what happened in this case.

There is more than one way to skin a cat, which leads us to the recent Tesla Model 3 pre-order last week.On Medium , a user with the handle BitGo engineer Mason Borda, claims to have pre-ordered a future Model 3 for the $1000 deposit price using Bitcoin on Saturday.The Bitcoin he used was loaded onto a one-time Shake Visa card , which was accepted immediately by Tesla Motors, directly.In less than 45 minutes his Shake card was loaded with BTC, and his pre-order was locked-in by Tesla Motors.As Bitcoin and its application evolve, the options for using Bitcoin to purchase have only grown since 2013.Now there are Wirex , Xapo , Shake and other ways to buy things, in association with their registration with MasterCard or Visa merchant services.The Tesla Model 3 sedan, according to Tesla, has a minimum electric range of 215 miles, a one-gear transmission, AWD option, and standard panoramic roof, 15” IP screen and nationwide Supercharger access.It is scheduled to begin delivered in late 2017.

Telsa has received over 200k pre-orders from around the world.And yes, they do accept Bitcoin.bitcoin chrome extensionPhones Laptops Cameras Tablets Headphones Smartwatches VR Headsets This is my Nextbitcoin mining next difficultyAs a new payment method, bitcoins are gaining acceptance among consumers and businesses around the world.bitcoin comment en avoirRecognized as a payment that circumvents the hassle of currency exchange and offers alternatives to credit and debit cards, bitcoins are now being used in more places than you may realize.bitcoin atm in dcAs The New York Times explained about bitcoin’s merchant appeal:“When retailers started accepting Bitcoin, the appeal was largely the currency’s ability to attract new customers with its novelty.bitcoin william hill

But as Bitcoin has become more mainstream, merchants may now be embracing digital money to lower payment processing fees and make purchases easier for already-loyal customers.”A recent search revealed new bitcoin directories to help you discover all the places that now accept bitcoins as payment for goods and services, listing over 100,000 merchants.bitcoin ap styleTo illustrate how mainstream bitcoins are becoming, here are five places you may not have known that have added bitcoins as an acceptable payment method:Overstock: This discount retailer decided to start accepting bitcoins in 2014 and has experienced considerable success.free bitcoin sms alertAn Entrepreneur magazine article noted that the company received more than 3,000 orders in the first month of adding bitcoins to its payment methods.comprar bitcoin com paypal

Its website explains how to use bitcoins to pay for an order as well as how the digital currency works in the hopes that it reassures more customers that this is a credible and safe way to pay for the discounted goods.Expedia: This travel site also started accepting bitcoin to pay for hotel bookings in 2014.bitcoin kurs in dollarIn the future, they will extend this payment method to their other travel products, including flights, transportation, and vacation packages.To help travelers understand how to use bitcoins, Expedia has added a particular set of terms and conditions on its travel website.Dell: The computer giant started accepting bitcoins as payment in 2014 and had provided a comprehensive page that explains what bitcoins are and how they can be used to safely make purchases on Dell’s online computer store.PayPal: Intent on remaining at the forefront of payment technology, the online payment company signed on in 2014 to accept bitcoin as a payment method through its subsidiary, Braintree.

In a CNN article, the company as noted as being interested primarily in the technology that lies at the heart of the Bitcoin system, which is a public ledger known as a blockchain.This ledger keeps “records that are decentralized and keeps users semi-anonymous while making their transactions public.”Gyft: This online gift card retailer offers a way to buy all types of gift cards from other retailers but to use bitcoins instead of traditional currency.Not only does this provide a way for more people to purchase a broad range of gift cards to over 200 of the best brands, but Gyft also incentivizes those who want to use bitcoin by giving them three-percent back in Gyft points for the total they spend.The gift cards are in traditional currency amounts so essentially the purchaser is trading bitcoin for cash to shop at those retailers that don’t accept the Internet currency.Beyond these recognizable brands that surprisingly have expanded their payments methods to include bitcoin, there are thousands of small business owners that are also adding cryptocurrency.