Employees based in the Silicon Valley companies are increasingly using bitcoins to buy luxury goods. For example, the crypto-currency sales of the watch and jewelery boutique Stephen Silver Fine Jewelry last year increased by 20%.

The store launched the possibility of buying goods for the crypto currency back in 2014. The company accepts payments in crypto-currencies Bitcoin, Bitcoin Cash (BCH) and Monero (XMR) through cooperation with BitPay processing. This method has become an alternative to electronic transfers, since it provides a high transfer rate in comparison with outdated systems.

"Crypto currency has surpassed the volume of retail purchases on credit cards. This brought incomes inaccessible without the ability to accept crypto-currencies. We receive large amounts of money in digital currency. For us, this is a huge advantage, "said CEO of the company Stephen Silver.

According to Stephen Silver President Jared Silver, the company tracks the development of crypto currency for many years, "because it is based in the Silicon Valley, the cradle of innovation."

"In 2014, we felt that they were ripe so that we could use the technology in our store. The company also pays in the Crypto currency to suppliers, "he added.

According to him, now the crypto currency has become an "indispensable" method of payment. The average purchase receipt in a crypto currency is a number close to a seven-digit number. So, according to Silver, the company recently received a crypto-cash payment of one million dollars.