Crypto is everywhere

Ferrari announced today that by the end of this year it will be possible to buy cars in Europe with cryptocurrencies.

Ferrari will use an escrow system in which the crypto will immediately be exchanged into Euro. But the customer will be able to use any crypto currency, as long as it is possible to exchange it into Euro via some sort of escrow service.

The first country that will enroll this service has not yet been announced.

The possibility that other luxury brands will follow is quite big, as Philip Plein and Gucci are already accepting crypto.

Sincerely,

Pele23