23 Aug Wanna Buy A Lamborghini Quickly? You Can Use Cryptocurrency at the Bonham Auction
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When bidders at the annual Bonham car auction begin raising their paddles for the classic and exotic Ferraris, Lamborghinis, Bentleys and Bugattis, or calling in their offers from China, Dubai and Turkey, they will this year be able to close their sales quickly for the first time using cryptocurrency.
It may not sound like a big deal, but the benefit of closing fast is very appealing to many multi-millionaires who may be bidding for the 1913 Mercedes-Benz Phaeton or the 1964 Shelby Cobra 289 that is on the block this week during the annual Pebble Beach Concours d’ Elegance in Carmel California.
According to Elizabeth White, CEO of The White Company., which makes a market that enables cryptocurrency holders in the luxury goods space, the number-one car among this crowd of crypto-wealth is Lamborghini.
A sale can take weeks or even a few months to close, especially if the…
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