Redditor stashes away BTC worth $100 for 100 years in public library
There’s never a dull day in Bitcoin (BTC) land. Despite that markets calling for a lull, the creative Bitcoin community always has cause for amusement.
Yesterday, a Redditor by the name of Optimal-Dentistador (henceforth, OD) queried the longevity of the Bitcoin network with a time-lapse challenge.
In a post made to the Bitcoin subreddit, OD “wrote a letter and also put the private keys for $100 worth in BTC.” In private communication with Cointelegraph, they disclosed they “put 0.003 BTC on a new address, put the private and public key together with the letter in the envelope, and here we are.”
The life-long experiment was inspired by recent events put on by the public library in OD’s city–which will remain secret at OD’s request. They told Cointelegraph that in their cit:
OD decided to put “something special” in the time capsule, namely the public and private key details to 0.003 BTC, roughly $100 at today’s rate. They told Cointelegraph, “I will tell my family about this,” however, OD also jokes they may “eventually forget this whole thing, who knows what will happen in the next decades.”
The Reddit community was quick to note that while 0.003 BTC may be a trifling sum in 2022, it could be considered a market-moving amount in one hundred years:
OD was quick to joke that in today’s world, it’s a bit like finding the “Bitfinex hack amount of money” in a letter. The Department of Justice recently seized $3.6B as part of the debacle associated with crypto exchange Bitfinex.
Related: Reddit is testing out NFT profile pics, but ‘no decisions have been made’
Given that the letter will not be opened until 2022, one Redditor, “fontinuos” commented that it’s “sad to think every single of us will be dead and won´t see the outcome.”
Read more on cointelegraph.com
