Tag: cryptocurrency
Kevin Frye on Jeff Wyler Automotive’s first crypto car sale
In late April, the Jeff Wyler Automotive Family sold its first car using cryptocurrency at its Mercedes-Benz of Fort Mitchell dealership. According to a press release from the...
How the automotive industry is getting involved with cryptocurrency
While the idea of cryptocurrency came about in the mid-90’s and Bitcoin made its debut in 2009, it has taken quite some time for...
Tesla temporarily suspends Bitcoin purchases due to carbon energy use
Tesla’s outspoken CEO – or Technoking – Elon Musk has announced the EV carmaker has “suspended vehicle purchases using Bitcoin”. It comes barely more...
Tesla buys $1.5 billion in Bitcoin, will sell cars for cryptocurrency
On Monday, Tesla announced a purchase of around $1.5 billion USD in Bitcoin, the world’s most well-known cryptocurrency. A filing with the Securities and...
Three Trends that Will Continue to Shape the Future of the...
Have you ever felt that the automotive industry is changing before your eyes? Things that were only a concept ten years ago are becoming...
Do Cryptocurrencies Like Bitcoin Belong in Your Dealership?
Unless you’ve been hiding under a rock for the last several years, you are familiar with Bitcoin and the excitement surrounding blockchain technology. Also...
