Meet the Guys Who Paid $10,000 for a Bitcoin Comic Book

By January 21, 2016Bitcoin Business

Bitcoin comic book In late December 2015, at its Mexico City event, the Latin American Bitcoin Conference made history when it auctioned off a copy of the popular bitcoin comic, Bitcoin: The Hunt for Satoshi Nakamoto, for 20.4 bitcoins . At the time of the auction, that amounted to around $10,000 USD. Two men, Rodolfo Andragnes and Sebastian Wain, won the comic book together.

Also read: Number of Ethereum Nodes Grows Exponentially Meet the Comic Book Winners: Rodolfo and Sebastian

The logo for Rodolfo’s 1997 BitCoins project. Rodolfo claims that his involvement in the Bitcoin world began in 1997, more than a decade before Bitcoin even existed. As the Internet rose to prominence, Rodolfo drafted a business plan for an online loyalty program. The name of this program? BitCoins. In 2000, Rodolfo registered the domain BitCoins.com. He says that he even created a logo for the project, which featured the bitcoin symbol we are all familiar with today.

Although his loyalty program was put on hold, he sat on the domain name over the years. Rodolfo says that he checked about once a year to see if anyone had done anything with the name “BitCoins,” but thinks that he “must have stopped doing this in 2008, because I never realized someone was doing something with the [name] until 2011.” That year, Mt. Gox CEO Mark Karpeles approached Rodolfo and made an offer to buy BitCoins.com. This was Rodolfo’s introduction to Bitcoin, and he quickly jumped onboard. Karpeles held the domain until the Gox collapse in 2014, when he auctioned it to raise funds for his creditors .

“It’s a fun story actually. I always liked the name, so I kept the name during the years expecting to have something build on top of it. And finally, Satoshi created something for […]

Leave a Reply

All Today's Crypto News In One Place