When it comes to market dominance and preference regarding cryptocurrencies, the first choice of every company has always been Bitcoin. Bitcoin holds a market dominance of approximately 39.94% and is acceptable by many companies as means of payment and not to mention that it is the first choice of the world’s second-richest man in the world, Elon Musk. Musk’s company, Tesla is already one such company that accepts Bitcoin as a means of payment. Apart from Tesla, other companies including Google and Facebook acquires this digital currency. Recently, a luxury yacht firm has shown interest in BTC (Bitcoin).
The firm has made an official announcement that they will begin accepting the digital currency for its services and also foresees an instantaneous return of 40% from BTC payments in the first year. Also, they are planning on hosting their mobile and web services on blockchain technology that will allow the company to store the transactions safely and securely. The company has estimated that in the near future and to be precise in the coming years, it expects to earn a revenue of $6.5 million (around Rs.48 crore) mainly from their services.
The Luxury Yacht Firm is founded by two people of Columbia and its operational Headquater is located in North America. The president of the company, Jose David Tobon stated that the firm was in conversation with the mayor of Miami, Francis Suarez, who has supported the cryptocurrency laws. Suarez has in support of Cryptocurrency for a long time and has suggested that the people of Miami should receive the salaries in Bitcoin. In a statement given by Tobo, he said that with the use of digital currency more doors will open and they are in conversation with the Mayor of Miami, regarding bitcoin and other digital coins.
Also, he said, that in the coming years, there is no doubt that the city of Miami will become the next silicon hub, as most of the biggest companies including Facebook, Tesla, and Google are entering the city. Well, there is no doubt that Bitcoin and other digital currencies have a promising future in the coming years. Elon Musk has also hinted many times that the future of Bitcoin is immense in the future and his vision is soon coming to reality as in recent years, many real-estate firms, music schools, auction houses, and even baseball teams have started accepting digital coins as a means of payment. We will keep you updated, till then, stay tuned with us.
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