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Thatpilotguy89 ,

They’ll be painting a clown face on the horse before long.

4am ,

Charles Leclerc is going to run out of tears, they can’t keep getting away with it

Varyk ,

If you really want Bitcoin value to tank, buy a Ferrari with it.

OldWoodFrame ,

Dell did this in 2014, and discontinued in 2017.

dell.com/…/we-re-now-accepting-bitcoin-on-dell-co…

Cloud_Botherer ,

Seems like they aren’t actually accepting crypto. They made a deal with a crypto exchange to act as an intermediary. A buyer pays Bitpay in crypto and Bitpay exchanges it to cash to pay Ferrari. Ferrari will never actually holds any crypto.

magnetosphere ,
@magnetosphere@kbin.social avatar

A “crypto exchange” sounds like an interesting, high-risk company. Could be hugely profitable, could tank at any moment.

botengang ,

There’s a number of them. Some have tanked, many have been hacked and robbed.

magnetosphere ,
@magnetosphere@kbin.social avatar

Getting hacked is an extremely foreseeable issue. Unless the hackers were especially clever, unpredictable, or talented, I don’t have a ton of sympathy for crypto businesses that aren’t prepared.

botengang ,

I have some sympathy for their customers… security isn’t obvious. If the crypto is gone its gone. It’s not like a data leak or something.

Fisk400 ,

So it’s one of those stickers that early crypto mongers put in windows of stores saying that they take crypto and then taking a picture of it to make crypto seem useful.

Bitpay is basically paying Ferrari to not sue them when they claim that Ferrari accepts bitcoin.

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