The Remarkable Story of the “Bitcoin Sign Guy” 🚀
Back in 2017, a 22-year-old intern made waves by holding up a yellow legal notepad with the words ‘Buy Bitcoin’ during a televised House Financial Services Committee hearing. Fast forward seven years, and that same pad has been sold for an impressive $1.019 million.
The Origin of the Bitcoin Sign Guy 📜
- At the time, Christian Langalis, now famously known as the “Bitcoin Sign Guy,” was working as an intern at the Cato Institute.
- The incident occurred during a hearing where then-US Federal Reserve Chair Janet Yellen was discussing the Fed’s monetary policy report to Congress.
- As a result of Langalis’ bold move, the price of Bitcoin surged by 3.7% shortly after the broadcast.
The Auction and Sale 💰
- Langalis put the iconic yellow legal notepad up for auction on Scarce City, and after a week, it was sold to the highest bidder, Squirrekkywrath, for 16 BTC, equivalent to $1.019 million.
- In his artist statement on Scarce City, Langalis expressed his satisfaction at liberating the pad from his possession and returning it to the Bitcoin community.
The Future Plans of the “Bitcoin Sign Guy” 🚀
- Langalis intends to use the proceeds from the sale to support his startup, Tirrel Corp, which focuses on developing a Bitcoin Lightning Network wallet on the decentralized personal server platform Urbit.
- Throughout the auction period, the notepad was proudly displayed at the Pubkey Bar in New York City, a renowned Bitcoin dive bar.
- As the auction came to a close, an event was held at the bar, culminating in the final bids being placed as the notepad spun on a platform.
Reflection on a Historic Moment 📝
Handing over the piece of history, the event host at Pubkey Bar likened Langalis’ action to a milestone, comparing it to the Magna Carta or the Declaration of Independence due to its impact at that particular moment and setting.
Hot Take: Your Turn to Make History 🌟
Just like the “Bitcoin Sign Guy,” each of us has the power to make a difference in the crypto world. Whether it’s through a simple gesture or a groundbreaking invention, the opportunities are endless. Take a leap of faith, and who knows? You might just leave your mark on the crypto universe!
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