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"I used 0.1 BTC to buy a pair of shoes, now that pair is worth $7,000"
At the peak of the 2017 bull market, I first encountered Bitcoin. At that time, BTC had just risen to $20k, and I thought "It's too high, it must fall." And it really did fall.
In 2020, I bought 0.5 BTC around $10k, planning to hold long-term. But in summer 2021, I sold 0.1 BTC—worth about $4,000 at the time—because I wanted to buy a limited-edition sneaker.
Today, that 0.1 BTC is worth $7,000. The shoes are worn out now, and on the secondhand market, they’re only worth 800 yuan.
This story isn’t about regret. It’s a reminder: selling Bitcoin for consumer goods is okay, but think carefully—are you trading today’s happiness for future regret, or do you really need it?
🍕 Reflections on Bitcoin Pizza Day:
Laszlo traded 10k BTC for two pizzas, and I don’t laugh at him, I understand him.
Because every purchase was a choice at the time. It’s just that Bitcoin’s rapid rise made all “early consumption” seem very expensive.
#GateSquarePizzaDay