SA’s first bitcoin vehicle purchase done, but there is a snag
Ferris Cars of Fourways is the first car dealership in SA to sell a car in exchange for bitcoin
Ferris Cars of Fourways made history in mid-April 2021 when it became the first car dealership in SA to sell a car in exchange for bitcoin. And, what’s more, it was not just any car, but a pre-owned Ferrari California.
The occasion was marked by a glamorous cocktail function attended by influential guests at Ferris Cars’ recently revised showroom in the Broadacres Shopping Centre. The highlight of the evening was the purchase of the beautiful California by one of the guests, live on-screen, demonstrating a bitcoin transaction to the captivated audience...