HomeBitcoin UpdateRedditor stashes away BTC price $100 for 100 years in public library

Redditor stashes away BTC price $100 for 100 years in public library

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There’s by no means a uninteresting day in Bitcoin (BTC) land. Regardless of that markets calling for a lull, the artistic Bitcoin group at all times has trigger for amusement.

Yesterday, a Redditor by the identify of Optimum-Dentistador (henceforth, OD) queried the longevity of the Bitcoin community with a time-lapse problem.

In a put up made to the Bitcoin subreddit, OD “wrote a letter and likewise put the non-public keys for $100  price in BTC.” In non-public communication with Cointelegraph, they disclosed they “put 0.003 BTC on a brand new handle, put the non-public and public key along with the letter within the envelope, and right here we’re.”

The life-long experiment was impressed by latest occasions placed on by the general public library in OD’s metropolis–which can stay secret at OD’s request. They instructed Cointelegraph that of their cit:

“There was an occasion the place you possibly can write one thing like a letter, poetry or a diary which will likely be saved for 100 years. For those who write some private information on the envelope, they’ll attempt to discover some dwelling relations to provide them.”

OD determined to place “one thing particular” within the time capsule, particularly the private and non-private key particulars to 0.003 BTC, roughly $100 at at the moment’s charge. They instructed Cointelegraph, “I’ll inform my household about this,” nevertheless, OD additionally jokes they could “ultimately overlook this complete factor, who is aware of what is going to occur within the subsequent many years.”

The Reddit group was fast to notice that whereas 0.003 BTC could also be an insignificant sum in 2022, it could possibly be thought of a market-moving quantity in 100 years:

OD was fast to joke that in at the moment’s world, it’s a bit like discovering the “Bitfinex hack amount of cash” in a letter. The Division of Justice lately seized $3.6B as a part of the debacle related to crypto trade Bitfinex. 

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Provided that the letter won’t be opened till 2022, one Redditor, “fontinuos” commented that it’s “unhappy to assume each single of us will likely be lifeless and gained´t see the result.” OD agrees that whereas it’s a enjoyable experiment, in the end the result is “a grim feeling.”

Nonetheless, the meme worth is robust, and OD’s offspring could get pleasure from riches. OD signed off to Cointelegraph saying, “see you in 2122, the final word diamond arms :)”