Take to the Skies: Private Jet Service PrivateFly Now Accepts Bitcoin

Private jet booking service PrivateFly.com is now accepting payment in bitcoin. The company, which was founded in 2007, will accept bitcoins via popular payment processor BitPay. Customers can use the company’s online platform, apps and operations team to access a global network of over 7,000 private aircraft, booking charter flights within 90 minutes. Adam Twidell, co-founder and CEO at PrivateFly, said he has followed bitcoin closely since the beginning of 2012. “As a technology-led business in an industry built around the customer, we started investigating the introduction of bitcoin....

Less than one month after announcing its decision to accept bitcoin, UK-based private jet charter service PrivateFly.com has revealed its first celebrity bitcoin passenger completed a flight from Brussels to Nice, Cote D'Azur on 27th January. The more than 700-mile flight was taken by tech entrepreneur, Bitcoin Foundation lifetime member and bitcoin millionaire Olivier Janssens. While such an extravagant bitcoin purchase may seem surprising, Janssens said that because his investments require him to travel extensively, he was keen to support PrivateFly in its decision to accept bitcoin:....

Private Jet service PrivateFly.com is now accepting bitcoin payments for jet charters, in partnership with digital payment processor BitPay. The company allows customers to book private flights (which usually come in at five-figures per flight) via their website and mobile app - and with 7,000 aircraft available for hiring out, there's a good chance you'll get your flight when you need it. PrivateFly says they've been watching bitcoin since the beginning of 2012, and finally decided to go ahead with accepting it following a number of customer requests. "We were surprised to find that....

Cryptocurrency users are leveraging their new-found wealth to fly more often with private jets. This week the directional aviation company Privatefly revealed that close to 20% of the firm’s sales were paid in cryptocurrencies last month, and 13% out of that aggregate used bitcoin. On-Demand Private Flights and Crypto According to data from the company Privatefly, purchasing flights with digital assets has soared in recent times. For instance, the directional aviation company said a few years ago, the company pulled in 1-2% from crypto payments for flights. The numbers jumped....

A dark cloud has been lifted from Bitcoin, and it could mean clear skies for the crypto market for here on out. Why? The most dangerous potential “black swan” hanging over the crypto market for years, has now been significantly derisked. According to breaking news, the company behind the stablecoin Tether and crypto exchange Bitfinex, has settled with the New York Attorney General’s office for some $18.5 million to clear the firm of accusations of […]