Following Tesla, General Motors Ready To Accept Car Purchases With Bitcoin

General Motors will accept Bitcoin (General Motors)

JAKARTA – The largest car manufacturer in the United States, General Motors (GM) will accept consumers who want to buy a car using Bitcoin. General Motors did not object to the payment. This was revealed by General Motors CEO, Mary Barra.

“Of course, we wanted to make the whole buying and owning (car) experience as easy as possible,” Barra said, as quoted by Bitcoin News.

In addition, she also discussed the possibility of companies accepting Bitcoin as a means of payment as revealed by Barra to CNBC International on Wednesday, June 16.

Tesla boss Elon Musk has previously announced that his company can accept purchases of electric cars using Bitcoin again after receiving confirmation that the energy used for mining is more environmentally friendly.

GM's own party revealed that the company does not block purchases using Bitcoin for consumers who want to own a car made.

"There's nothing stopping us from doing that. We will be driven by our consumers. Of course, we wanted to make the whole buying and ownership experience as easy as possible. We will follow in their footsteps,” said the GM boss.

It appears that Barra has softened up, whereas previously she had no interest in accepting Bitcoin payments when Tesla announced it was accepting BTC in February.

But in March, Barra's attitude softened. She is considering accepting cryptocurrencies “if there is strong consumer demand.” Barra also reiterated that her attitude towards Bitcoin has not changed.

Given the possibility of buying GM cars using Bitcoin as payment, it is likely that this statement could encourage the widespread adoption of cryptocurrencies.