Post
Topic
Board Bitcoin Discussion
Re: Whoever owns the early BTC deserves a Nobel prize - Elon Musk
by
KingsDen
on 09/08/2025, 19:57:00 UTC
Whoever owns the early BTC deserves a Nobel Prize in delayed gratification. - Elon Musk

What do you think? I believe honestly it does make sense, and he has a point as well. Just imagine the situation during Bitcoin creation; there was just zero adaptation. Most people don't trust it and criticise it. But only a few people mined or bought Bitcoin in such a situation. There wasn't much social media to reach more people; the condition was really complicated if you compare it to now. I really appreciate their patience and convictions for Bitcoin. If there were any categories for financial patience and conviction, then early Bitcoin holders should get the Nobel Prize.

Do you believe something should happen like this, or are Bitcoin holders already rewarded due to the current Bitcoin price?
I appreciate the OGs because it wasn't easy to believe something totally new and intangible. However, I think there are situations that made them buy and hold for long;
  • BTC wasn't expensive, so throwing away $10 for an online experiment isn't a big deal.
  • Mining equipments weren't expensive, so it was more than profitable.
  • Some actually forgot they had bitcoin and recovered it when it appreciated.
  • Some were actually intentional about it
  • While some bought with the money they never needed again.