Bitcoin (BTC) and Lambos are a Thing, But Classic Recreations Accepts Crypto For Vintage Cars
BTC Can’t Buy You a Lamborghini, but You Can Buy A Mustang with It?
In a new step moving forward toward adopting cryptocurrency, a specialized custom car maker has been taking BTC as an option for payments. While at listed prices, Bitcoin can’t purchase a Lamborghini, it can pick you up a Ford.
Classic Recreations, the manufacturer of the vintage custom Fords, builds their cars in Oklahoma – and started moving their company towards accepting cryptocurrency with the help of their owner. The cars are described as having superior levels of detail, with some cars taking more than 2,500-man hours invested in all prices of machinery.
The cars are also said to qualify as luxury cars, they can cost over $150,000 a car in some cases. The car maker is now offering their premier model, a GTR500CR 900s, the specialized version is an updated one of the 1967 Shelby GT500 Mustang. The unique car houses a 427-cubic-inch V8 engine, with an astounding 800 horsepower.
There is also a GT350CR as well as GT500CR model, not to mention they also make two other models – the Boss 429 and Boss 302 Mach 1 versions. The specialized rebuilds are officially called continuation cars once they receive the Blue Oval. All of the cars come equipped with modern technology like modern brakes, tired and suspension – all of which have been updated to meet the rigorous safety standards of the modern era.
Jason Engel, the highly enthusiastic founder of Classic Recreations was the main individual who made it possible for the company to accept cryptocurrency. In an interesting interview he had, he made some statements about mixing the old ways with new ways. The owner of the company said:
“My entire life I have had a strong fascination for technology and its evolution. Cryptocurrencies have come a long way and continue to solidify themselves as a legitimate currency on the global market. The truck beauty of accepting cryptocurrency is the universal aspect of it which allows Classic Recreations to connect with consumers from anywhere in the world.”