Virtual currencies seemed a bit more real following reports last week that someone bought a Tesla Model S using bitcoins in California.
The actual story, however, appears a little less exciting, according to the dealership's general manager.
Pietro Frigerio, the general manager of Lamborghini Newport Beach in Costa Mesa, Calif., told CNBC on Monday that he never actually accepted bitcoin during the transaction. Instead he treated the purchase like he would with a buyer asking to pay in foreign currency or gold bars: he told them to convert the bitcoins to U.S. dollars first.
(Read more: Is bitcoin the fad of all fads?)