Cryptocurrencies

Lambo Dealers Are Keeping Warm Despite Crypto Winter

The markets may be chaos, but people still want $200,000 cars.

Crypto venture capitalist Peter Saddington and the Lamborghini he purchased with Bitcoin.Source: Peter Saddington
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Many crypto buyers have been consumed by a single, persistent question as they’ve watched the prices of coins rise and fall over the past few years: When Lambo?

Lambo is shorthand for Lamborghini, the luxury vehicle that’s the ultimate symbol of success when it comes to getting rich off of digital currencies, and the focus of thousands of “wen Lambo?” memes. Along with high-end watches and other traditional displays of wealth, the supercars have for years been a fixture at Bitcoin conferences and on the Instagram feeds of crypto influencers.