Karma Automotive has beaten its more-established luxury electric vehicle rival, Tesla, to the Bitcoin punch. The Southern California-based company is now accepting BTC payments for new vehicle sales and services performed at its flagship Karma Newport Beach store.
This move is more than a simple gimmick as Karma Automotive is a high-tech incubator, as well as an electric car creator. In its release, the company states that it “is using its flagship company-owned store in Newport Beach, Calif., to help further its shareholder’s expertise in blockchain technology by accepting cryptocurrency as a form of payment.” Tesla, meanwhile, is being more associated with manned space travel when it comes to new and emerging hi-tech endeavors. The famed head of the electric car company, Elon Musk, recently announced that SpaceX will be piloting a manned space expedition in Q1 of 2020.
It seems odd that Tesla has not made a move to officially accepting Bitcoin and other cryptocurrencies before one of its biggest rivals. Karma Automotive has made the association of futuristic cars and futuristic forms of payment by calling this move “the latest example of the brand’s commitment to VVIP customer treatment and illustrates how Karma is emerging as a high-tech incubator.” Musk is a known Bitcoin-believer — but, perhaps, not quite on the evangelist level, after he admitted to owning only 0.25 BTC on Twitter.
However, Musk’s immediate attention has no doubt been focused skywards and to his other futuristic company, SpaceX. The recently-announced manned mission to space for Q1 of next year is predicted to help advance the stocks of Tesla — but it will also coincide with a predicted growth in Bitcoin’s price.
Bitcoin’s mining reward is set to be cut by 50 percent in May of next year and, if history is to repeat itself, the run-up to that event could see the coin skyrocket in price.
Hima Satrasia FPBS UPI mengadakan Gebyar Bahasa dan Sastra Indonesia (GBSI) 2019.
Ada Lomba Tulis Puisi (LTP), Lomba Tulis Cerpen (LTC) dan Lomba Baca Puisi Piala Rendra loh.
Ayo segera daftarkan dirimu, siapa tau hadiahnya menjadi milikmu. Jangan sampai terlewatkan ya 😊
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28 minutes ago
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