Wrote about this at Autonet today:

In the world’s first and largest transaction of its kind, a completely electronic currency was used to buy a completely electric car.

What is Bitcoin? It’s the world’s first de-centralized, online-only currency, first introduced in 2009. Notable vendors accepting this electronic-only currency include WordPress and OkCupid, but Bitcoins can also be used to purchase real-world goods, like electronics or meals at restaurants. (Autonet)

Read the full article here.

It was interesting to be a part of this news story.

I saw the news break Friday afternoon, then me and a lot of other journalists, reported the story this Monday morning, but then later this afternoon, CNBC spoke with the general manager of the dealership, and it wasn’t entirely correct.

So I added this update to the article:

UPDATE – 10pm

Today, CNBC’s Squawk on the Street talked to Pietro Frigerio, general manager of the dealership.

Mr. Frigerio said, “I never touched bit coins.”  The bitcoins were first exchanged for US dollars, and then wired to the dealership’s account.

That’s not as dramatic for sure.

Haven’t had to add an update like that before.  That’s the interesting part…  sure I was first to market , but the facts were wrong, but if I had waited till my Wednesday news slot, this story would be considered stale, and me slow on the news.