In the Silicon Valley, the demand for bitcoin for buying luxury goods has increased, bitcoin.com reports. One example is Stephen Silver Fine Jewelry store, a boutique of watches and jewelry. Last year, sales in this store grew by 20%. However, the opportunity to buy goods for bitcoin, Bitcoin Cash (BCH) and Monero (XMR) store provided in 2014. As President Stephen Silver Jared Silver said, the company has been tracking the development of cryptocurrency for many years, as it is "based in the Silicon Valley, the cradle of innovation."
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