Elon Musk is selling his "boring" flamethrowers for Bitcoin, Litecoin and Ethereum.
https://ethereumworldnews.com/elon-musk-sells-boring-flamethrower-for-bitcoin-ethereum-litecoin/"This time, as spotted by The Next Webs Hard Fork column, prospective flamethrower owners will be gaining access to Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Litecoin (LTC) payments to put up money for the crowdfunding effort. Along with the four crypto assets, users will be able to use Apple Pay, Google Pay, along with traditional debit and credit payments through Paypal.
Seeing that the Boring Companys crowdfunding participants are likely to to be forward-thinking, the addition of a cryptocurrency payment option was likely welcomed. Now, consumers from all across the globe can buy Boring Companys Not A Flamethrower for $500 a pop, which is reportedly a lower figure than the startups $600 pre-sale price. This translates to approximately 0.078 BTC, 2.48 Ether, 1.13 BCH and 9.5 LTC, it just depends on what cryptocurrency you want to spend."
The fact that the company is trying to promote use of crypto is not only great for its acceptance, but more easily allows global access.
Thoughts as to whether this will initiate crowdfunding in crypto as the new norm?
The link does not work, and I cannot see any new news articles on the topic of flamethrowers and Musk (only those more than a year old). As for crowfunding and cryptos, I don't think it's the future: it's the past. ICOs were essentially a way to crowdfund a project in exchange for their tokens to investors. Some got successful, most were a waste of time and lots of lost money. After that, it would not be easy to make crypto crowdfunding trustworthy again. As for Musk, he's just doing a lot of weird stuff and enjoying himself, and it's often nothing. Mashable called this thing
"an overpriced joke product".
