Bernie Moreno auto dealership now accepting Bitcoin payments

You can now purchase new cars with Bitcoins and other cryptocurrencies from Bernie Moreno Companies(BMC), one of the largest auto dealership groups in America.

The company just announced in their press release that they will be accepting payments in cryptocurrencies both for new cars and servicing. This will also be available on every BMC dealership around the country.

Clients would use their smartphone to transfer electronic cash from their wallets to BNC for real-time digital currency exchange rates. They can expect no fees for using the digital currency.

The company said this was a logical step towards availing customers with more flexibility in payments, calling it a "full leap into the future." The company is now become the first-ever Mercedes-Benz and Porsche dealership in North America to accept bitcoin, ethereum, litecoin, and other cryptocurrencies.

The decision is part of a larger initiative by BrianMoreno and several other local business and tech leaders seeking to make Cleveland a hub for blockchain technology in a project called Blockland Initiative. The company said that Bitcoin had demonstrated to the world the power of blockchain and it was Cleveland’s turn to "show the wo3rld how blockchain can be used to revolutionalize the world."

The company said that Bitcoin payments would become "easier, faster and more secure than using a credit card or check" and that Bitcoin might end up being the best option.

About purchases of cars and products with Bitcoins and crypto, the company said that the country should expect "this kind of technical leadership and innovation from our reborn city" alluding to the role Cleveland would play in leading blockchain adoption.

In United States alone, there are a handful of companies that accept Bitcoin or crypto payments when selling cars. Other examples of such companies include Land Rover Redwood City, Car Bid Now, Vinalert, Overland Park Jeep Dodge Ram Chrysler, Lamborghini Newport Beach, Lar Cars Repo, Sam Pack's Five Star Ford, Peters Auto Mall, Southern Motor Company and Acura of Valley Stream.

Although Bernie Moreno is a luxury auto dealership, with Car Bid Now, you can buy used car and pay with Bitcoins while Reed Jeep allows crypto payments for both new and used cars.

David Kariuki

David Kariuki likes to regard himself as a freelance tech journalist who has written and writes widely about a variety of tech issues that affect our society daily, including cryptocurrencies (see cryptomorrow.com and coinpedia.org); climate change (cleanleap.com), OpenSim and virtual reality (see hypergridbusiness.com). He is currently pursuing a MSc in Environmental Management at Open University. He does write here not to offer any investment advise but with the intention of informing audience, and articles in here are of his own opinion. Anyone willing to use any opinion here as advise to invest in crypto should obviously take own responsibility and accountability of their losses (or benefits) thereof. You can reach me at eqariu@gmail.com or david@cryptomorrow.com