Peter Saddington Bought some bitcoin in 2011, he went viral for being the first person ever to buy a Lamborghini with that same Bitcoin! Just imagine being able to buy an exotic sports car with an asset nobody thought would be anything special.
At the time of purchasing the bitcoin it was worth significantly less than it is now. As the asset increased in value so did his ability to spend it on buying a lamborghini.
In fact the term ‘lambo’ has become synonymous with bitcoin at this point. The phrase ‘hodl till lambo’ gets thrown around all the time in the crypto space. Which is slang for saying ‘hold until you can spend it on an Italian sports car.’
He proves that you can actually buy ridiculously expensive things like a Lamborghini by using the cryptocurrency Bitcoin. Saddington bought his very first Bitcoin investment at only $2.52, admitting that he was practically shooting in the dark when he made the investment, and had no idea whether it would give him more money or not.
He didn’t really check up on it until 2014 – when bitcoin hit $250. It was then, he said, that he realized the potential of cryptocurrency. And he’s been 100% behind bitcoin ever since.
Last fall he went in MotorCars of Georgia, a dealership just outside of Atlanta and he managed to buy his dream car for Bitcoins. So what did the 2015 Lamborghini Huracan LP 610-4 fully loaded and fully wrapped in pearl white Lambo cost in BTC? 45 bitcoins!
Source Throttle Extreme
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