Taking Off: The Intersection of Luxury Jets and Cryptocurrency
What’s more thrilling than cruising the skies in your very own private jet? Cranking up that thrill factor by buying it with Bitcoin, of course! Aviatrade, a U.S.-based aircraft sales company, has decided to embrace the wild world of cryptocurrency, allowing jet buyers to splash their digital coins on high-flying luxuries.
The Heavyweights of Aviation: The Gulfstream G650ER
Imagine rolling up to your local airport and saying, “I’ll take that G650ER over there.” Aviatrade is currently listing a snazzy 2014 model for a cool $40 million—or roughly 3,750 BTC at current rates. This isn’t just any private jet; it’s one favored by billionaires like Jeff Bezos and Elon Musk. With a range of 7,500 nautical miles, this beauty can take you from Los Angeles to Sydney without batting an eye. Talk about jet-setting!
The Crypto Advantage: Why the Shift?
According to Aviatrade president Philip Rushton, using traditional currencies to purchase a private aircraft can be tricky due to cross-border restrictions in various nations. Enter cryptocurrency, offering a more flexible option free from many of those pesky regulations. Buyer beware, though: just because you can buy a jet with Bitcoin doesn’t mean you should invest all your life savings into it!
More Than Just One Option: A Fleet of Choices
Aviatrade isn’t just serving up the Gulfstream dish; they have an extended menu of private aircraft. While the company plays it coy about specific prices, crypto traders won’t be limited to one option. Aviatrade boasts several jets available, including two Bombardier Global 7500s, which had a valuation of over $72 million—as of mid-2019—of more than 6,800 BTC!
Joining the Club: Others Getting In on Crypto Aircraft Sales
Aviatrade isn’t the only player in this game. Kaizen Aerospace has also joined the cryptocurrency bandwagon, allowing customers to purchase or charter jets using Bitcoin and other cryptocurrencies. In a playful analogy, Bitcoin educator Andreas Antonopoulos recalled selling a Mini Cooper for Bitcoin, and likened the ease of digital currency transactions to private jet sales. “The money I received was real, unforgeable, and fully mine,” he said, showcasing the trustworthiness of crypto cash.
A Word to the Wise: Consider the Implications
While the thought of purchasing a jet using Bitcoin might be exhilarating, it’s essential to consider the ramifications of such a luxurious investment. The crypto landscape can be volatile, so potential buyers should conduct their due diligence before reaching for their digital wallets. After all, a private jet is a commitment—not just a weekend toy!
