Mehboob AlamDec 25, 2021 · 3 years ago6 answers Is it possible to use cryptocurrencies to finance the purchase of a yacht worth $250 million, similar to Shaq's?
I'm wondering if it's feasible to use cryptocurrencies as a means of financing the purchase of a luxury yacht worth $250 million, similar to the one owned by Shaq. Can cryptocurrencies provide the necessary liquidity and stability for such a high-value transaction? Are there any legal or regulatory obstacles that would prevent this type of financing? How would the process work and what are the potential risks involved?