Whales can now use Bitcoin to purchase private jets

Whales can now use Bitcoin to purchase private jets


A private aircraft sales company has started allowing customers to purchase any of their multi-million dollar jets using Bitcoin.

According to a Sept. 13 report from news outlet Business Insider, U.S.-based Aviatrade is currently selling an upgraded 2014 Gulfstream G650ER for $40 million — roughly 3,750 Bitcoin (BTC) as of this writing. Billionaires including Amazon’s Jeff Bezos and Tesla CEO Elon Musk reportedly own the same model, which is capable of traveling up to 7,500 nautical miles, or roughly the distance between Los Angeles and Sydney.

“We accept Bitcoin as payment for all bizjet [business jet] purchases,” states Aviatrade’s website.

Aviatrade president Philip Rushton said that using fiat to purchase a private aircraft would be subject to cross-border restrictions in some countries. Cryptocurrencies, it seems, may offer less regulatory oversight for now.

The company does not name specific prices for any of its aircraft, but crypto traders don’t have to “settle” for the Gulfstream. Aviatrade currently lists 13 other

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