Silicon Valley Whales Buy Diamonds in the Millions With Bitcoin

2018 will not be the biggest 12 months for crypto consumers so far, nevertheless a complete lot of wealth stays to be in the arms of long-term holders. The newest occasion of this comes from Silicon Valley the place some people are using bitcoin to buy a whole bunch of 1000’s worth of pricy timepieces, diamonds and totally different luxurious objects.

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Silicon Valley Whales Buy Diamonds in the Millions with Bitcoin

Stephen Silver Very good Jewelry, a Silicon Valley-based ultra-high-end watches and jewelry boutique which carried out cryptocurrency funds once more in 2014, research that crypto transactions have grown to 20% of product sales in the earlier 12 months, serving to the agency shut expensive product sales. The company accepts funds in cryptocurrencies akin to BTC, BCH and XMR, nevertheless solely from licensed and authorised Bitpay wallets. It started doing in order a greater and safer totally different to wire…

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