Post
Topic
Board Bitcoin Discussion
Re: Do you know about the first public servant paid in bitcoin ?
by
LogitechMouse
on 09/11/2023, 03:42:25 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.
Well, it's his salary, and we are working because we have daily needs. It's his salary, so he doesn't have any choice but to sell it.

Another one is we are always thinking of "If he holds it for X number of years." or "He must've been rich by now if he held it." I mean let's face the reality guys. Do we know at that time that the price of Bitcoin will be reaching its current price right now?

In the end, it's only a matter of trust, and if we need it or not. I've been in signature campaigns for years already, and most of my earnings are converted because a portion of it is being used for some monthly needs of our home. I also used I guess around 0.08 BTC to build my own computer. Just imagine how much it would be if I chose to hold it until now. I can't imagine how many BTC I already converted into fiat.

I guess let's forget about this "He would've..." or "He must've been..." things right now because we don't know what can happen in the future.