In 2017, a man named Peter Saddington decided to buy a Lamborghini with Bitcoin. But the story doesn’t start there. In 2011, when Bitcoin was around $2.50, Peter decided to try this “internet money thing” and bought a stash of BTC. He mostly forgot about it, but when Bitcoin hit $1,000, he remembered he was sitting on a small fortune.
So what did Peter do? He bought a Lamborghini with Bitcoin just to say he bought a Lamborghini with Bitcoin. His BTC was now worth around $115,000—a great deal for a Lambo, even with the insane BTC price at the time.
Years later, that car could’ve cost him millions in future value. But Peter just shrugs, still proud of being one of the first to walk into a dealership and casually pay for a supercar with internet money.
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