A homage to weird and wonderful BTC purchases

A homage to extraordinary BTC purchases

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Happy Bitcoin Pizza Day! Before you dial for a Margherita to commemorate the world’s first real-world Bitcoin transaction, right here’s a slice of trivia:

What do a household vacation to Japan, a 50 Cent album, a steak dinner, and a framed cat picture all have in frequent? 

They had been all paid for with Bitcoin (BTC) by members of the Cointelegraph Bitcoin neighborhood! And identical to the Bitcoin pizzas that price 10,000 BTC, which at the moment are value greater than $300 million, the neighborhood’s Bitcoin purchases have additionally skyrocketed. 

Benjamin de Waal, the VP of Engineering at Bitcoin alternate Swan Bitcoin instructed Cointelegraph, “I spent 7 BTC on a household journey to Japan a couple of years again.” In at present’s worth, 7 BTC is value nicely over $200,000 —  however Ben’s joyful as a result of his children are joyful:

“It would have been value much more now; however I do not remorse it in any respect. A very good childhood stuffed with journey, enjoyable, and studying is priceless.”

Felix Crisan, the scammer vigilante, instructed Cointelegraph how he as soon as spent 50 BTC (value $1.5 million) creating a brand new software program module for his firm in 2015. Crisan added that in 2016:

“​​Let’s not overlook some virtually 1BTC ‘spent’ betting who the subsequent US president’s going to be.” […] Of course, I did not win.”

That’s a $30,000 wager at BTC’s present market value.

Jeffrey Albus, Editor at Cointelegraph, shared that he splashed out on a steak dinner to show Bitcoin’s peer-to-peer capabilities “someday in 2011 or early 2012.” 

“We paid 15 BTC — 12 for the meal, plus 3 BTC left as a tip (which the waitress in all probability threw away.)”

Worse nonetheless, the worth of 15 BTC again over ten years in the past was so small that it fell in need of the whole invoice: Albus needed to prime it up with good previous dollars. The worth of the Bitcoiner-appropriate steak dinner is now value shy of half 1,000,000 {dollars}.

In a phrase to the clever, Julien Liniger, CEO of Swiss Bitcoin alternate Relai–and a Bitcoin maximalist by means of and thru, instructed Cointelegraph that he “purchased a bitcoin hoodie for 0.1 BTC again within the days, however that was the very last thing” — a roughly $3,000 hoodie. He defined that “it then grew to become too silly of a factor to me to spend as a substitute of stack sats.”

Meanwhile, the staff at CoinCorner, the UK Bitcoin alternate behind the contactless Lightning Network fee card, shared a couple of tales. Danny Scott, the CEO, purchased the 50 Cent album “Animal Ambition” with Bitcoin when the market value was round $600. 50 Cent famously “forgot” he accepted 700 BTC for the album — let’s hope Scott forgets the missed positive factors, too!

Molly Spiers, CoinCorner’s Head of Marketing, instructed Cointelegraph, “I purchased a photograph postcard of my cats […] for 0.009 BTC.” The $270 postcard was sadly not sufficient for Spiers to maintain a maintain of it; ‘I’ve misplaced them someplace over time – I’d have framed them with delight!”

Fortunately, there are “no regrets,” because it does “make for a superb story.” Plus, she shared an image of the cats:

Molly Spier’s cats. The picture postcard is unfortunately misplaced. Source : Molly Spiers

While “experimenting with Bitcoin as a forex,” Matthew Ward, CoinCorner’s software program developer, instructed Cointelegraph that he “purchased the sport Cities Skylines again when it launched on Steam in March 2015 for 0.108 BTC.” You could be the choose of whether or not the graphics benefit a $3,000 price ticket:

1653202077 5 A homage to weird and wonderful BTC purchases
Cities Skylines gameplay. Source: themacgames.internet

Finally, Didi Taihuttu, generally known as the father of the Bitcoin Family and typically the Bitcoin tattoo man, spent 2.75 BTC on a Bitcoin miner in 2014. Taihuttu instructed Cointelegraph that “the strangest half is that when BTC hit round $200, I gave up mining BTC and began to mine dogecoin (DOGE).” Had he held the BTC, he would have over $180,000.

Related: ​​Try topping this: PizzaDAO celebrating Bitcoin Pizza Day with 100 events worldwide

Taihuttu additionally shared that in his adventures as The Bitcoin Family, he’s parted with over 9 BTC ($270,000), which he describes as “dropping 9 BTC however gaining an incredible journey.”

And for these questioning what occurred to the 10,000BTC Hanyecz spent on the pizzas, in accordance with Cointelegraph analysis, 5% of the whole landed in a really rich pockets, whereas “a few of the funds had been seemingly liquidated” on a failed crypto alternate.

The rich pockets that chowed down on a few of Hanyecz’s BTC is within the prime 15 richest wallets in Bitcoin, accumulating over 53,000 BTC. The whole spent or despatched from the pockets is 0 BTC: an authorized Bitcoin hodler.





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() Happy Bitcoin Pizza Day! Before you dial for a Margherita to commemorate the world’s first real-world Bitcoin transaction, right here’s a slice of trivia: What do a household vacation to Japan, a 50 Cent album, a steak dinner, and a framed cat picture all have in frequent?  They had been all paid for with…