MEDIA-DUBBED “$48 MILLION BITCOIN CAR” UP FOR AUCTION

by | May 11, 2023 | News | 2 comments

Hey folks, the legendary First Bitcoin Car will get a new owner to preserve its legacy this May.

Prius – The infamous “Bitcoin Car” will be auctioned off on Scarce.City on May 10th and showcased during Bitcoin2023 in Miami from May 18th-20th.

Why the Bitcoin car is a buzz

This car rose to prominence in 2013, after Rassah sold 1,000 Bitcoin to purchase the car.

To Bitcoin enthusiasts, it represents the turning point of digital currency — from an idea to a store of value.

In 2013, legendary Bitcoin developer Rassah sold 1,000 BTC (about $22,000 at the time) to buy Prius.

Shortly after this transaction, Bitcoin exploded on the scene as a legitimate and accepted store of value.

Do you remember the story of the “Bitcoin Pizza?” I’m sure you do. Well, the Prius is also a tangible, integral part of Bitcoin “firsts.”

“This isn’t just a car,” says Devin Konopa, one of the current owners of the Prius. “It’s a valuable artefact that should be preserved for future generations.

bitcoin car auction

Historically, this Prius represents the growth of public awareness, an acceptance of digital currency, and a significant tipping point in the Bitcoin space.

One day, hopefully, the car will end up in a museum as a cultural icon signifying the remarkable rise of Bitcoin.

But for now, anyone has the chance to own this piece of history.

Just so you know

Since 2013, the Prius has been to over 30 Bitcoin events and transported hundreds of thousands of dollars of cash from early Bitcoin ATMs.

At the time of publication, the Prius is worth $48 million. Media outlets and the Bitcoin Community valued the asset.

From now until the auction, Bitcoin OGs from all across the country are heading to Miami to tag the car, turning the historic Prius into a museum-worthy mobile masterpiece.

The auction will kick off on May 10th through Scarce.City and close on May 20th at an in-person party in Miami.

To become a bidder or attend the live party, you can register here

bitcoin car auction

2 Comments

  1. David

    huobi.com has it

    Reply
    • Chiamaka Atueyi

      What do they have, David?

      Reply

Have something to say? Drop it here!

This site uses Akismet to reduce spam. Learn how your comment data is processed.

ABOUT ME

Press Release