Quote from: robelneo on Today at 09:37:18 PM

Quote from: airbin on Today at 04:58:55 PM

maybe now it looks like; too bad, but the money worked for what he needed it for, it was his salary, it wasn't extra money, whatever, it's happening right now someone is selling a bitcoin that will be worth 10 or 20 times more in the future.

Based on this article

Quote

Police Chief Tony Vaughn, who said he will donate his salary to a Vicco Bitcoin account, appeared before the commission last month to request getting his paycheck converted to Bitcoins..

So he is not the one who's actually benefitting from his Bitcoin salary and besides he doesn't need that salary from that job since he owns real estate and does not work to make a living it's the town that's really benefiting from that salary.

https://www.foxnews.com/us/mayor-police-chief-in-struggling-kentucky-coal-town-to-donate-salary-in-bitcoins-to-spur-economy

If that is the case then the earlier replies of discussing that this guy should have profited from the Bitcoin payment if he still holds that bitcoin is for nothing. Since the payment is donated to some institution, I bet the Bitcoin is instantly converted to fiat the moment the donation touches the said Vicco Bitcoin account. So no one is getting rich on this salary because it is probably converted real time after the donation is done.

Quote from: o48o on Today at 10:04:19 PM

Quote from: fokinlipat on Today at 11:39:49 AM

His name was Tony Vaughn and he was from Kentucky. He was paid his salary in bitcoin in 2013 , at time when very few even heard about bitcoin. If he would have not sold those bitcoins that he got as salary, he would might have been a billionaire by now. Because bitcoin price at that time was just $1000 a piece , so his wealth would have been about 30 times at current prices.

Far from billionaire, but rich. Although reason people work in the first place, is that they need your salary to pay your bills, buy food and all the necessities, so majority of it isn't invested.
And i remember that fomo time pretty well. After 2014 when it started dropping, almost everyone in this planet would have exited. Bitcoin was new and everyone was laughing at you when you bought ath of that time. I can't remember any media reporting that it would go back up, so it would have taken mixture of crazy and true believer to hold it. Especially when no one could have predicted how high it would go.

It is indeed far from billionaire because the person does not hold the salary received in Bitcoin but rather donated it to the state. Though I can say the person is already rich even before he decided to accept his salary in Bitcoin.