“In 2011 or so I cashed out 2-4 Bitcoins for a McDonald's meal.” — Kane Ellis, Aussie entrepreneur
This is a crypto success story of an Australian guy who made a small mistake that cost him a lot of money but luckily he turned it back around.
Born in South Australia, Kane Ellis has always been interested in technology. At 18 he launched a technology consulting company Nerd Herd. Then he went on to launch the CarSwap app. Still, his best investment was to begin mining bitcoin back in 2010 when a single coin cost only $1.60.
He only made one mistake. He sold 2-4 Bitcoins to buy a McDonald’s meal. In today’s terms, that burger, fries and coke could be worth 6-figures. Luckily, that was only a small portion of his holdings.
A few years later, he again sold a small portion of his holdings to indulge himself. But this time that small portion afforded a bright yellow $200,000 Maserati.
Story collected from Cointree.