Ferrari to accept Bitcoin & Ethereum payments in Europe.

[Metha Wulandarin]

This is very good news for Bitcoin and Ethereum, the Ferrari sports car company has started accepting payments with Bitcoin and Ethereum in Europe, although the price of bitcoin and Ethereum is volatile but the interest and development of Ethereum and Bitcoin continues to attract the attention of everyone.
Is it possible that Ferrari already knows that Bitcoin and Ethereum have great potential in the future?

[bitbit97]

Is there any proof of that from Ferrari, but not from media ? I have search https://www.ferrari.com/en-EN/ and there is not a single word about cryptocurrency. They could have announced that in their social media, but there I also havent found any proof. In most articles that I have found, it is said that Ferrari only plans to accept crypto. Imo planning does not mean accepting.

[Charles-Tim]

If you are posing about what is related to news, it is better you include the link of the news that you saw it from. This will increase the authenticity of your post. I have seen this online maybe some weeks or few months ago and it sounds not new to me. But I think it was about their plan to accept bitcoin and ether payment.

Is it possible that Ferrari already knows that Bitcoin and Ethereum have great potential in the future?

Is it easy that Backrock and many organizations seek for bitcoin ETF approval? And it has been approved. This is enough to answer your question.

[0t3p0t]

This is very good news for Bitcoin and Ethereum, the Ferrari sports car company has started accepting payments with Bitcoin and Ethereum in Europe, although the price of bitcoin and Ethereum is volatile but the interest and development of Ethereum and Bitcoin continues to attract the attention of everyone.
Is it possible that Ferrari already knows that Bitcoin and Ethereum have great potential in the future?

I think it would be helpful for us if you will include a link for us to check the legitimacy of that statement. But for crypto enthusiasts in Europe who plans to buy a car and if that statement was true then they are now having the chance to purchase using Bitcoin and I wish for some dealership here in my country will do the same so my fellow crypto enthusiasts here also has the same chance as the Europians.

[akeemqaz]

I think they once announced that they accept Doge. Or is that a rumor? Well, this is very good news for crypto in general. They already understand that there is still more to come for Bitcoin and Ethereum.

[AVE5]

This is very good news for Bitcoin and Ethereum, the Ferrari sports car company has started accepting payments with Bitcoin and Ethereum in Europe, although the price of bitcoin and Ethereum is volatile but the interest and development of Ethereum and Bitcoin continues to attract the attention of everyone.
Is it possible that Ferrari already knows that Bitcoin and Ethereum have great potential in the future?

Let's not pretend like we know better than this Ferrari automobile company on their decision of accepting bitcoin and ethereum for payments.
They must experts and has also consulted before taking the decision. Even the lay man is aware that cryptocurrencies generally is volatile and I don't think it's necessary to question their decision or vision. They already have theirs. We only have to accept that step as a new phase in addy to bitcoin and ethereum in the future.
Indeed that'll also attract patronages and more cooperation with them as addy return to them too. I'll only say congrats to their Wise step on the crypto spheres.

[Lucius]

About 9 months ago, the same company announced that it accepts cryptocurrencies for its luxury vehicles in the US, with a note that the same will follow in Europe. Regardless of whether that moment has come or this is just a rumor, I don't see too much difference in whether some rich person will buy such a car and pay for it in EUR or BTC - because the company will receive fiat to their bank account anyway through the payment processor.

Luxury cars could be bought for BTC in Japan as early as 2018...

MILAN, Oct 14 (Reuters) - Ferrari (RACE.MI), has started to accept payment in cryptocurrency for its luxury sports cars in the U.S. and will extend the scheme to Europe following requests from its wealthy customers, its marketing and commercial chief told Reuters.

A Japanese car dealership that sells used imported luxury cars with showrooms in Tokyo is accepting bitcoin as a means of payment.
Announced by bitFlyer, Japan’s largest cryptocurrency exchange, a partnership with car dealership L’Operaio will see the exchange provide the technology to enable the dealer accept bitcoin from customers.
Customers will need to download and use bitFlyer’s mobile wallet application – available in iOS and Android – to make purchase up to 100 million yen, or just under $1 million, using the world’s first and most prominent cryptocurrency.

[JunaidAzizi]

Well, after reading your post and the replies on this page, most users doubt this news. For more fairness, you should insert the link to this news so that we can also confirm it.

If this news is authentic and the company announced such a step, then it will be great news for both currencies and the crypto world. This will be positive news for the market, but I read some replies that mention this news is old and not new. So, if this is a new one, then maybe we can see some positive movements in the market.

[Wiwo]

This is very good news for Bitcoin and Ethereum, the Ferrari sports car company has started accepting payments with Bitcoin and Ethereum in Europe, although the price of bitcoin and Ethereum is volatile but the interest and development of Ethereum and Bitcoin continues to attract the attention of everyone.
Is it possible that Ferrari already knows that Bitcoin and Ethereum have great potential in the future?

Let's not pretend like we know better than this Ferrari automobile company on their decision of accepting bitcoin and ethereum for payments.
They must experts and has also consulted before taking the decision. Even the lay man is aware that cryptocurrencies generally is volatile and I don't think it's necessary to question their decision or vision. They already have theirs. We only have to accept that step as a new phase in addy to bitcoin and ethereum in the future.
Indeed that'll also attract patronages and more cooperation with them as addy return to them too. I'll only say congrats to their Wise step on the crypto spheres.

AVE5 I don't think the thread have anything like pointing out the effect of negative aspect of ferrari acceptance pf bitcoin and ethereum as a means of payments in their company, this will definitely not have much negativity about this decision if their accounting team are filled with experts that make use of the cryptocurrency volatile market to position the company assets in a profiting light along the way up.

But all the same, Ferrari as a company has always been a cryptocurrency-friendly company and they have shown a lot of interest in the market in the past this decision also follows that commitment from them.

[salad daging]

Is there a source link for this news? The latest news, I want to read it because it's interesting.

So whether this is an old rumor or a new one that they just announced this has not been crowded on social media X because usually there is always any current news about crypto.

So I'm very curious, maybe I'll find my own source.

[Aanuoluwatofunmi]

For every news update we are giving, please lets try as much as possible to always include the reference link concerning it, There have been a lot of brands that are now accepting bitcoin, also, we have a lot of the companies and organizations in this same sector that make use of bitcoin for their payment, the more we go the wider bitcoin adoption becomes in all every other sectors of the economy.

[Baofeng]

This is not the first time that we heard this kind of news, if I'm not mistaken. But I do think that this could just be one store amongst the Ferrari brand and not just the company per se accepting it.

Because that is the case before when people says it's a welcoming news to see not just Ferrari but big car manufacturing as well but it turns out to be that it's only one branch and most likely they want to boost their sale but we don't know if they are really supporting Bitcoin or crypto in general. So my advise is that we should take this news with a grain of salt, in my opinion.

[bitterguy28]

Is it possible that Ferrari already knows that Bitcoin and Ethereum have great potential in the future?

at this point, if any brand is not aware of bitcoin or ethereum or just crypto in general then they are already behind of their other competitors

this is not really surprising to me as tesla, another car company, have accepted dogecoin for payments i am sure the team of ferrari have seen this and thought of ways how to one-up tesla crypto is a good investment but most importantly this can also serve as a marketing move and it might be working since we are talking about ferrari after all

[hugeblack]

It has been accepting cryptocurrency payments in the US and the list of payments has been expanded.
Accepting a service to deal with Bitcoin will not change the price as quickly as that company’s investment in Bitcoin. If Ferrari buys thousands of Bitcoin, then the impact will be much greater than accepting it for digital payments.


Frankly, I do not see any advantage in buying a car with Bitcoin. It is better to spend money from the bank account on that, especially since the price of Bitcoin may increase in the coming days.

[NotATether]

It has been accepting cryptocurrency payments in the US and the list of payments has been expanded.
Accepting a service to deal with Bitcoin will not change the price as quickly as that company’s investment in Bitcoin. If Ferrari buys thousands of Bitcoin, then the impact will be much greater than accepting it for digital payments.


Frankly, I do not see any advantage in buying a car with Bitcoin. It is better to spend money from the bank account on that, especially since the price of Bitcoin may increase in the coming days.

I don't know... some people might have strict limits on their bank accounts for withdrawing cash and making bank transfers.

Don't you think it's easier to just buy the car with Bitpay than to go to an exchange (a proper exchange, not a LocalBitcoins-type P2P exchange as they are less reliable), send your coins there (and potentially have to eal with source of funds), and withdraw to your bank account to pay from there?