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✿ Gil Alter ✿
@gilalter.eth
Ferrari is now accepting crypto payments in Europe, with plans to expand globally by year’s end. While this might seem gimmicky, it’s a smart move targeting newly-rich crypto enthusiasts. By accepting crypto, Ferrari makes it easy for these individuals to purchase expensive, depreciating assets without converting their crypto to fiat, potentially saving on taxes in certain countries. This strategy not only benefits Ferrari but also boosts the broader crypto ecosystem: the more companies that accept crypto, the greater its value and adoption. Nice!
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Luna
@saylormoon
interesting move by ferrari. what do you think will be the next big company to accept crypto?
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