The new Hublot watch would cost you $25,000 (N9.09 million) and can only be bought with a Bitcoin
Apparently, the Meca-10 P2P watch will be the second device to sell for bitcoin currency, joining the like of HTC Exodus 1 who happens to be the first device only to be purchasable with bitcoin, although one could tell that it was a reason for the fact that the mobile phone is tagged as “blockchain-focused smartphone”
Hublot has recently announced of its own watch that can only be bought with bitcoin. The Mac-10 P2P which is designed for the cryptocurrency’s 10th year anniversary will sell online for the value of $25,000 in Bitcoin’s current value. Interestingly, Hublot will engrave the unique Bitcoin transaction number you used to pay for the device on the edge of its bezel before shipping it.
Haven said all of that, it is still not clear if every millionaire will be able to lay hands on the device, considering that the company only aims at producing 210 pieces as a reference to the 21 million global Bitcoin limit, which is quite a few numbers than expected from the multi-billion dollars watch company. Funny enough, the company told a source that it has already received over 210 orders for the device, which implies that late orders are not relevant. Although, the company has teamed up with Hong Kong company OS Limited (OSL) to perform background checks on the buyers since every application is subject to approval. OSL will also conduct anti-money-laundering checks to ensure no bad actor is using the opportunity to turn illegally-obtained cryptocurrency into a legit luxury good which seem to be the trend of the day.
while many may not be happy with the limited series, Hublot’s CEP told that the company will be creating a second cryptocurrency-exclusive series, especially for those who are not able to catch up with the actual Meca-10 P2P. Furthermore, it seems like the company may likely embrace a cryptocurrency mode of payment towards the end of the year.
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