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The famous notepad with the inscription “Buy Bitcoin” was sold for 16 BTC

On April 25, 2024, the Scarce.City auction house announced the sale of a notebook with the inscription “Buy Bitcoin”, well-known in the crypto community. The lot, which became a popular meme, was sold for 16 BTC (more than $1 million).

According to available information, the buyer of the notebook was a user known in the Web3 community under the nickname Squirrekkywrath. Some experts from the cryptosphere described the new owner of the inscription as a “veteran of the Bitcoin industry.”

The proceeds will be used to develop a wallet on the Lightning network based on the decentralized Urbit platform. The founder of the project is Christian Langalis, the author of the inscription that was sensational in its time.

Note that a notepad with the words “Buy Bitcoin” became a meme after it was caught on camera during a speech by former Federal Reserve Chairman Janet Yellen in 2017.

Langalis displayed the inscription while behind the then-chairman of the department, who participated in a hearing of the House Financial Services Committee. Subsequently, he was removed from the premises for violating the rules, and the inscription itself received cult status.

Representatives of the Scarce.City auction house said that the lot became a record sale for them in terms of value. The event took place at a Bitcoin themed bar called Pub Key, located in New York.

Source: Cryptocurrency

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