Bitcoin acceptance as a mode of payment is increasing day by day. Not only Bitcoin, but as the value of other cryptocurrencies are also increasing, Altcoins are also being accepted as payments.
A recent news came in where London’s Mayfair Fine Art Gallery has begun accepting Bitcoin.
The UK based Dadiani Fine Art Gallery is not only accepting Bitcoin but other Altcoins like Ethereum, Litecoin, etc as well.
Eleesa Dadiani, owner of the gallery said “ We are combining old world business ethics and practice with the new world of technology the current system is becoming stale and needs to be disrupted ”
She adds, “Cryptocurrencies will provide a bridge from the elitist, centralist fine art market to a decentralized open source world where many more will be able to become a part of this exhilarating market.”
The gallery is offering a set of sculptures made from the exhaust manifolds of Formula 1 cars.
The Bitcoin acceptance is increasing due to rise in prices of the digital currency.
The digital asset which used to be worth of some penny cents in 2009 is now around $2500.
Not only it has given huge returns to investors and traders, but also it is now being considered as a Safe Haven Asset.
Due to rising demand and prices, merchants are now started accepting Bitcoin and other cryptocurrencies as a mode of payement.
Alza, the European Online Retail Giant added Tesla Car in it’s selling list. The retailers now accepts Bitcoin in form of payments.
A user can pay Fifty Bitcoins and buy a Tesla car.
KryptoMoney.com posts latest news and updates about Bitcoins, Cryptocurrencies and Blockchain Technology.
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