Post
Topic
Board Bitcoin Discussion
Re: Do you know about the first public servant paid in bitcoin ?
by
SamReomo
on 08/11/2023, 22:44:31 UTC
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.

I haven't heard about Tony Vaughn before this post but as far a I know that Bitcoin's price was still over $13 a single Bitcoin and if that person might have hold his Bitcoin then he would be a millionaire right now. If we think about that in logical perspective then we get the answer that the guy didn't hold his Bitcoin because he received his Bitcoin as salary and mostly we spend our salary on the things that we like and that guy might has converted his Bitcoin into fiat so he could purchase the things that he needed during those days.