{"id":116301,"date":"2020-11-20T13:16:01","date_gmt":"2020-11-20T10:16:01","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/morgan-creek-digital-co-founder-sells-his-chevy-for-bitcoin\/"},"modified":"2020-11-20T13:16:01","modified_gmt":"2020-11-20T10:16:01","slug":"morgan-creek-digital-co-founder-sells-his-chevy-for-bitcoin","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/morgan-creek-digital-co-founder-sells-his-chevy-for-bitcoin\/","title":{"rendered":"# Morgan Creek Digital co-founder sells his Chevy for Bitcoin"},"content":{"rendered":"<p>&#8220;<strong># Morgan Creek Digital co-founder sells his Chevy for Bitcoin  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjAtMTEvOWU3ZWI5NWMtYTA5My00YTI1LThjNWYtMDYyZTFlMTQyZjgxLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>As Bitcoin (BTC) momentum continues to grow, some people seem to prefer selling their belongings for cryptocurrency instead of fiat money.<\/p>\n<p>Jason Williams, a co-founder of Morgan Creek Digital, a dedicated digital asset investment business run by Morgan Creek Capital, sold his car for Bitcoin.<\/p>\n<p>Williams announced on <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> that he sold his 2007 Chevrolet Suburban for 0.4 BTC, worth around $7,300 at publishing time. According to car shopper website <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.edmunds.com\/chevrolet\/suburban\/2007\/appraisal-value\/\">Edmunds.com<\/a>, a used 2007 Suburban costs around $7,000, while the new 2021 model costs over $50,000, according to Chevrolet&#8217;s official <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/www.chevrolet.com\/suvs\/suburban\">website<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Sold it for 0.4 BTC fwiw. Feels like I may have done well. We will see. <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/t.co\/nMUm2AfkAp\">https:\/\/t.co\/nMUm2AfkAp<\/a><\/p>\n<p>\u2014 Jason A Williams (@GoingParabolic) <a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/twitter.com\/GoingParabolic\/status\/1329501869966811136?ref_src=twsrc%5Etfw\">November 19, 2020<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>If the Bitcoin price breaks $130,000, as some have predicted, there&#8217;s a chance Williams will have sold his 13-year-old car for as much money as a brand new model.<\/p>\n<p>Despite publicized instances of celebrities and businesspeople transacting in crypto, Bitcoin use for payments is still relatively low, and many have criticized the coin for being a poor means for payment. However, in a recent blog post Fidelity Digital Assets aimed to dispel this notion, suggesting that the Bitcoin network&#8217;s decentralization and immutability were a worthy trade-off.\u00a0<\/p>\n<p>Furthermore, major payments-related firms are finally getting on-board with the seminal cryptocurrency. Earlier this month, major payments network PayPal finally rolled out its crypto trading and payment service to customers in the United States.\u00a0<\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener noreferrer\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/morgan-creek-digital-co-founder-sells-his-chevy-for-bitcoin\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Morgan Creek Digital co-founder sells his Chevy for Bitcoin &#8221; As Bitcoin (BTC) momentum continues to grow, some people seem to prefer selling their belongings for cryptocurrency instead of fiat money. Jason Williams, a co-founder of Morgan Creek Digital, a dedicated digital asset investment business run by Morgan Creek Capital, sold his car for&#8230;<\/p>\n","protected":false},"author":1,"featured_media":116302,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2020-11\/9e7eb95c-a093-4a25-8c5f-062e1e142f81.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74863,77200,116,4965],"class_list":["post-116301","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-cryptocurrencies","tag-transport","tag-art","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/116301","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=116301"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/116301\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/116302"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=116301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=116301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=116301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}