Wall Street Banks Embrace Bitcoin

The BitPremier website was created by Alan Silbert, who works part-time as a senior vice president at GE Capital. Before he opened the website, he often talked about Bitcoin with his brother, Barry Silbert, who is probably one of the people who invested the most in Bitcoin. Barry's Bitcoin Opportunity Fund has invested in 36 projects, and now he has also invested in Alan's website, although it may be because of his brother, but also because he saw the potential of Bitcoin in the luxury goods field.

BitPremier deals

BitPremier, an online luxury goods trading platform, once sold a villa located in Bali, Indonesia. The villa covers an area of ​​3,000 square feet and was sold for 800 bitcoins. But today it would cost 1,824 bitcoins.

Matthew Mellon, a personal investor who focuses on luxury goods and oil, exhibited a photo collage titled "Orphaned Cheetah Cubs" by the famous wildlife photographer Peter Beard on the website in 2013. The price at the time was 2,319 bitcoins, about $1.1 million, which is worth 4,017 bitcoins today.

Matthew is a direct descendant of Judge Thomas Mellon, the founder of Mellon Bank. Mellon Bank has also recently been experimenting with Bitcoin technology. In this regard, Suresh Kumar, CIO of BNY Mellon Bank, expressed his opinion: "The emergence of these new technologies has brought about a big change in the mentality of financial institutions. We are facing such a huge opportunity to help our enterprises better understand the potential value."

Wall Street banks are beginning to embrace Bitcoin one by one, but for those who are not yet familiar with Bitcoin, perhaps embracing some luxury goods is more valuable.

Lamborghini Hurricane

This beautiful Lamborghini sports car has replaced the most popular Lamborghini Gallardo model. The Hurricane was unveiled at the Geneva Motor Show in 2014 and released in the second quarter of 2014. The sports car is for sale on Bitpremier. At the time of writing, the price is 965 Bitcoins.

French vineyard

This is a vineyard near Bordeaux, covering an area of ​​5.30 hectares, and the current price is 5709 bitcoins, about 1.6 million US dollars. Chinese rich people can consider this vineyard, because China is currently implementing strict capital control, and many rich people find it difficult to transfer their funds.