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.
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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.
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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
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huobi.com has it
What do they have, David?