Hey Fancypants, Could You Buy Bitcoin for Luxury Purchases?

Cryptocurrency has transcended its origins as a niche digital asset, an ideologically rebellious tool designed to work around corrupt government spending and unfair banking Goliaths. Now, it is seen by many as just another currency that can be used to purchase things. (For example, CoinJar Card holders can use crypto to pay wherever Mastercard is accepted).

Interestingly, high-value luxury items worldwide are increasingly putting crypto prices on their tags.

From sleek supercars to sprawling estates, private jets to dazzling jewels, spending Bitcoin, Ethereum, and other cryptocurrencies when buying big-ticket items is reshaping the luxury market.

Here’s a look at some of the standout places around the world where crypto is welcomed for extravagant purchases.

Crypto extravagance in property

On gorgeous Moreton Island, in Queensland, Australia, you can buy a stunning property they call the “Moreton Mansion”. It’s going for AUD$2,000,000 or ₿22.073. Got 22 Bitcoin and change? You are in the running.

Dubai has been known for quite some time as a region of cryptocurrency adoption, particularly for luxury goods. And luxury properties are always fun to snoop on. Real estate developers like Fäm Properties accept crypto for high-end properties, including penthouses with panoramic views of the Burj Khalifa.

Miami in the USA is also crypto-friendly. The city’s luxury real estate market is now populated with companies like Propy. They offer Bitcoin as a way to buy multimillion-dollar mansions along the beach. Luxury property in particular is a field where many companies are crypto-friendly, and they seem to be especially Bitcoin friendly.

Crypto cars

But let’s talk supercars. Car enthusiasts can head to [Crypto Exchange Dubai] (https://cryptoexchange.ae/marketplace/cars) to snag a Lamborghini or Ferrari using crypto.

Or in Australia, if you want to pay in crypto for a hot supercar, customers can head to Lorbek in Melbourne and pay in crypto. Whether that be a Porshe Macan, or a Bentley Continental, the average cost of the cars ranges from AU$100-500K, according to Srecko Lorbeck.

Check out this fly ride. This is a 2022 Chevrolet Corvette Stingray. The last one of these for sale at Lorbeck was going for AUD$208,888 or roughly about ₿1.45.

As Bitcoin becomes more widely used as a currency, we are likely to see more luxury items with the Bitcoin symbol on their price tags.

Luxury travel

Well of course there is a private jet company called Global Charter that takes crypto in payment. In fact they have an amazing wide range of crypto that they will accept. For example you can hire a jet to take you to the South of France, and pay in Apecoin.

You can also hire a helicopter or a superyacht, and roll out your Dogecoin to pay up.

Hotels, luxury and crypto

As for hotels, you can stay in the 7-star Palazzo Versace in Dubai, where you can pay with various cryptocurrencies. Have an indulgent stay for around ₿0.0071 per night. Better than two Bitcoin pizzas on a couch in 2009!

London, a city synonymous with sophistication, is embracing cryptocurrency for its luxury offerings. Berkeley Travel are bespoke travel agency that design super fancy holidays and tours that you don’t have to share with other randos.

They accept Bitcoin for curated vacations, including private helicopter tours over the English countryside.

Sparkly things

C W Sellors sells jewellery, from diamond rings to designer watches, payable in crypto. You can now purchase high-end timepieces and anything that shines using Bitcoin, Bitcoin Cash, Ethereum, Dai, Litecoin, and USDC.

Crypto for other luxuries

Auction house Sotheby’s accepts crypto for fine art worldwide, while Space Perspective takes Bitcoin to go into orbit. Going to space must surely be the biggest luxury flex?

Why crypto for luxury?

The crypto landscape is no stranger to luxury. The appeal is clear. Cryptocurrencies offer low transaction fees, global accessibility, and a hedge against currency fluctuations, which is attractive for borderless luxury purchases.

Sellers, meanwhile, tap into a wealthy, tech-savvy clientele eager to spend their digital fortunes.

As adoption grows, expect more LUXURY destinations and brands to join the crypto revolution.