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This transaction was actually facilitated by chamath palihapitiya who paid USD cash to a Bitcoin company who bought it and paid out the seller in USD cash. It w
by epa 5y ago
This transaction was actually facilitated by chamath palihapitiya who paid USD cash to a Bitcoin company who bought it and paid out the seller in USD cash. It was a publicity stunt to prop up Bitcoin and it worked.
- mgh2 5y agoPlease provide source to confirm this story
- epa 5y agohttps://mobile.twitter.com/AbhishekLpd/status/1364018410707963907 https://mobile.twitter.com/AbhishekLpd/status/13640184107079... "In 2014 I was buying land in Lake Tahoe and I told the sales guy I'll buy this plot if you let me buy in bitcoin because I wanted to promote bitcoin as a transactional infrastructure. That was 2800 coins. That's worth $140-150M today" - Chamath