Home Altcoins News Litecoin (LTC) Buys Luxury Lamborgini With Just $1000 Transaction Fee

Litecoin (LTC) Buys Luxury Lamborgini With Just $1000 Transaction Fee

Litecoin Lamborgini

Litecoin (LTC) price is working at $370 and it has still $30 to go to touch $420 which is the all-time high.

Imaging buying Luxury Lamborgini with LTC.  Twitter handle Johnkim77 tweeted:  “Hey SatoshiLite @LTC Foundation I made Litecoin famous in Kansas City.”

A video clipping says the following: A Luxury Lamborgini isn’t something you typically see roll out of a small town located in Kansas City, but that might be the least surprising part of the story.

“I am the first ever to buy a Lamborgini with LTC” states John Kim. He has within the past few years invested in LTC, a type of cryptocurrency.

He stated, “I sold everything 4 years ago.  My house. My business. I got in my truck and I left to promote Litecoin and to push for the adoption of LTC. He recollects how several guys stated that he was crazy and that this is Ponzi. It is virtual Nerd. Internet money, what are you doing and all sorts.

Well, that Nerd money just landed him a bright orange Lamborgini paid in full with cryptocurrency. There nearly 300,000 dollars for a sports car – 800 Litecoin holdings with 360 dollars a share ($288000). A historic purchase.  First, the local dealership wasn’t too gasped up about it.

The local dealership stated, Of course, whatever you are doing it here, this is a lot of money.  This is a lot of risk.  However, a couple of days later the dealer told Kim that he can make this work out.

The dealer stated that he started investigating it a little bit more.  I have a coinbase account, which trades cryptocurrency.  Realized – hey this seems pretty straight forward and if you can pay the transaction fees involved with it the dealer was happy to take the Litecoin.

Kim compares Litecoin as the Silver Currency to BTC gold, but before you sell everything you want for cryptocurrency – Kim says pump the brakes – “Don’t do it” because I am all-in and all-out type of guy. Take some time to learn what is Bitcoin – Why we need Bitcoin and then Litecoin and then jump in a little bit. Test the waters a little bit and don’t invest money that you cannot afford to lose.

For Kim it was an investment worth the risk. And when that so far has paid off in the most luxurious way.

In the end, Kim stated – “Transaction fee was only $1000 and he gave me a good discount bc we found out he was friends with ben askren’s wife”

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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