New York Car Dealership Embraces Technology, Allows Bitcoin Purchases

New York Car Dealership Embraces Technology, Allows Bitcoin Purchases Photo: KSTP-TV

Advertisement

RELATED: Bitcoin Futures Rise as Virtual Currency Hits Major Exchange

Bitcoin is the world's most popular virtual currency. Such currencies are not tied to a bank or government and allow users to spend money anonymously. They are basically lines of computer code that are digitally signed each time they are traded. The price of one bitcoin is approaching $20,000.

Severance says he saw people buying large pieces of property with the digital currency and figured cars should be no different.

Credits

The Associated Press

(Copyright 2017 by The Associated Press. All Rights Reserved.)

Advertisement

Saturday to Start Chilly, Giving Way to Comfortable Afternoon

Officials Have Plans to Improve All-Natural, Oft-Closed Webber Pool in Minneapolis

GOP, Kavanaugh Accuser in Standoff Over Her Senate Testimony

Minneapolis Looks to Solve Flash Flooding Issues on North Side

Residents in Morristown Help Each Other Pick Up After Tornado

Cannon Falls Cleans Up After Destructive Storms

Advertisement