In one of our previous blog posts, we wrote about 10 different items that can be purchased using Bitcoin. It’s pretty remarkable to see how far Bitcoin has come in just its short ten years. It went from being a pseudo anonymous currency used only by a select group of people to becoming a currency that can be used to purchase everyday items.
In fact, companies like Microsoft and Starbucks have started allowing customers to purchase their services using Bitcoin. This is a huge jump from the meager group of computer nerds that used it for the first few years of its existence. In this blog post, Coin Cloud explores another crazy item that can only be purchased using bitcoin, Hublot’s newest $25,000 watch.
Now, if you’re like most of us who like to window shop and never actually purchase any of the expensive items that we spend hours looking at and researching, you probably won’t be calling this watch yours anytime soon. On the other hand, if you’re one of the select few that were able to make a sh!*load of money off of the surging price of bitcoin, then maybe this watch can be yours.
This watch was made in celebration of Bitcoin’s 10th birthday that just passed back in October. It has several design elements that are based on the complexities of Bitcoin and blockchain, making the watch one-of-a-kind. Each watch will be emblazoned with the transaction number on the side of watch, making that watch unique to the individual. Each unit will also feature the Bitcoin logo on various parts of the watch.
This beauty comes at a meager price of just $25,000, pocket change for the several millionaires who were produced by the soaring price of Bitcoin over the last decade.
While being rich is the first step to bringing this baby home, it’s not the final step. To cap off the wow factor of this beautiful piece, Hublot is only allowing this watch to be purchased using bitcoin. Sorry, everyday millionaires, your credit card isn’t going to cut it. You’re going to have to dip into your digital wallet to purchase this thing of beauty.
Even if you’ve got $25,000 worth of bitcoin sitting in your digital wallet, actually purchasing one will be a feat in itself. Production has been limited to only 210, a nod to the 21 million lifetime bitcoin supply.
Hublot has partnered with the digital asset brokerage house, OSL, to sell the devices. Prospective buyers can register for the device through Hublot’s website, but reportedly all devices have already been sold. If you aren’t able to get your hands on one this time around, maybe you’ll have better luck after Bitcoin’s 20th birthday.
Disclaimer: The information and views supplied on the Coin Cloud blog are for educational and entertainment purposes only. We are not financial advisors, so please do your research and consult with a trusted financial specialist before investing your money.
Founded in 2014 in Las Vegas, Nevada, Coin Cloud is the leading digital currency machine (DCM) operator. With over 4,500 locations nationwide, in 48 states and Brazil, Coin Cloud operates the world’s largest and fastest-growing network of 100% two-way DCMs, a more advanced version of the Bitcoin ATM. Every Coin Cloud DCM empowers you to quickly and easily buy and sell over 40 cryptocurrency options with cash.
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