Bitcoins history is riddled with incredible stories and even legends. Created to free people from the so-called “bondage” of centralized monetary systems, Bitcoin is the cryptocurrency we have all to thank for proving that fiat currencies can be, indeed, replaced with success.
As the crypto world expanded and Bitcoin gained even more mainstream adoption, more and more merchants, institutions, and stores started to accept it as a valid payment system. Nowadays, it’s possible to buy almost everything one can imagine with Bitcoin, from food, to plane tickets, to obscure collectibles, to various types of services.
Bitcoin’s dominance has risen to such an extent that there’s really common for millionaires and various wealthy Bitcoin holders to buy luxury lifestyle objects and expensive items including houses, yachts, cars, and jewelry, to name a few.
That is why we have created a list with some of the most expensive items or services you can buy with Bitcoin, so you can put that smart invested money to work for your own pleasure.
Cruise trip around the world
Cruise trips are often associated with a wealthy lifestyle, and more and more cruise lines are starting to accept crypto payments. In February of 2018, the Royal Caribbean Mariner ferried hundreds of people who paid for their trip using Bitcoin from Singapore to Thailand, with a stop at Malaysia.
Since that trip, there have been numerous blockchain-themed cruises, the most popular of which are the Ark Cruise, and the Blockchain Cruise. Among the 2500+ attendees, there were big names such as John McAfee, Bobby Lee, Charlie Lee, Brock Pierce, Jimmy Song, and Roger Ver.
Luxury resort stay
When it comes to luxury resorts that accept Bitcoin as payment, the choices are quite varied. For example, in New York, the Trump Hotel accepts Bitcoins for condos. Another popular site for luxury resorts that accept Bitcoin (and cryptos in general) is the Bahamas, as well as Australia, Mexico, and Austria.
Expensive cars are often associated with a financially healthy lifestyle, as there are perceived more of a statement than practical objects. Not too long ago, Japan-based crypto exchange bitFlyer has partnered with various luxury car sellers to offer their customers the possibility of buying luxury sports cars with digital money.
American car dealer Post Oak Motor Cars had made various headlines in 2018 when it announced that it accepts crypto for some of the world’s best cars such as Bugatti, Rolls-Royce, Bentley.
There are some stories of Tesla and Lamborghini purchases using Bitcoin. It’s rumored that in 2013 a Florida resident purchased a Tesla Model S for exactly 91 Bitcoins. One of the most popular purchases of this type involves famous YouTuber VinWiki Peter Saddington in 2017 that bought a white matte Lamborghini Huracan.
Until blockchain really manages to disrupt the real estate markets all over the globe, cryptocurrencies are responsible for “freshening up” the market. Real estate transactions and the purchase of property using Bitcoin is now more common than ever.
There are various impressive real estate purchases using Bitcoin, such as the one from 2014 when an anonymous buyer who bought a Bali Villa for a whopping 800 BTC and another purchased 1,4 acres in Lake Tahoe, California for 2,739 Bitcoin.
Potential buyers interested in real estate purchases can check out Bitcoin Real Estate website for more penthouses, islands, and chalets.
Tickets to space
Space travel has always been at the forefront of the list of humankind’s greatest achievements. Even though space travel is still reserved to a few lucky and totally dedicated people, there are various plans to make it a lot more accessible in the future. Just earlier this year, Elon Musk declared that his company, SpaceX would get people to Mars. Another company, Virgin Galactic, has been constantly “hunting” people interested in space travel since 2013.
Interested parties can pay with Bitcoin for a trip through space that’s bound to take place somewhere after 2018. The cost for all this? $250,000 payable in Bitcoin, a price that also includes a three-day training.
Yachts have always been one of the trademarks of the uber-wealthy. Even though the yacht market is not fully acknowledging Bitcoin as a valid payment method, there are a few examples that give hope to millionaires interested in buying the luxury of owning a yacht with Bitcoin.
Dennison Yachting is a company based in Florida that has added Bitcoin as a payment method for quite some while now. Another prime example is 26 North Yachts (also a Florida-based company).
Art is not only something extremely pleasing to look at (most of the times), but it can also be a very good investment opportunity. Surrounding yourself with expensive art has always been a defining behavioral pattern for most of the world’s millionaires.
The Ato Gallery, a New York-based business, has sold artwork for a staggering amount of 150 Bitcoins (more than $100,000 worth) earlier this year to an anonymous buyer. Artnome, a crypto start-up that wants to legitimize digital artwork, had also brought forward a very interest proposition when it launched a digital marketplace for artwork.
When you’re rich and famous, traveling in style becomes a priority. And, what better way to travel if not by air? Bitcoin millionaires have been able to buy private jets for Bitcoin for quite a while now. The first recorded purchase of a private jet using Bitcoin took place in 2014 when Olivier Janssensreportedly bought a plane from a company called PrivateFly.
SkyCraft Airplanes is another company that has been accepting Bitcoin since December 2013.
While the number of daily objects and services that can be bought using Bitcoin continues to grow, so do all the luxurious things. Even though buying with Bitcoin luxury objects might seem more like a whim than actually a practical solution, it’s important to understand that Bitcoin allows most millionaires to save somewhere between 5-10% in fees (which is a lot when considering purchases of hundreds of thousands of dollars).
*This post is credited to Coindoo