Morgan Creek Digital co-founder sells his Chevy for Bitcoin

Morgan Creek Digital co-founder sells his Chevy for Bitcoin


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 Bitcoin.

Williams announced on Twitter that he sold his 2007 Chevrolet Suburban for 0.4 BTC, worth around $7,300 at publishing time. According to car shopper website Edmunds.com, a used 2007 Suburban costs around $7,000, while the new 2021 model costs over $50,000, according to Chevrolet’s official website.

Sold it for 0.4 BTC fwiw. Feels like I may have done well. We will see. https://t.co/nMUm2AfkAp

Trending: What Was In Those Bush Sr. Funeral Envelopes and Why Did Mike Pence Get One?

— Jason A Williams (@GoingParabolic) November 19, 2020

If the Bitcoin price breaks $130,000, as some have predicted, there’s a chance Williams will have sold his 13-year-old car for as much money as a brand new model.

Despite publicized instances of celebrities and businesspeople transacting in crypto, Bitcoin use for

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