Welcome to the Bitcoin Dilemma
In a world where cryptocurrencies can rocket to stratospheric heights or plummet into the abyss, one man’s journey through Bitcoin and classic Hondas has stirred a veritable cocktail of amusement and pity. Meet Chris Cut, known online as NSXTRA, whose recent YouTube video has gone viral, not just for its car content but for his deep dive into the emotional toll of his spending habits.
Two Cars and a Hefty Price Tag
On February 16, Chris provided his audience with an eye-popping revelation: he spent a whopping $1.8 million in Bitcoin on two used sports cars. First on the roster is a Honda NSX Targa, which he snagged on Valentine’s Day 2017 for a mere $30,500. Back then, Bitcoin was cruising at around $1,000 per coin, which means that Targa cost him 30.5 BTC. Fast forward to now, and it’s clear that that ‘great price’ has evolved into almost $1.5 million!
Black Friday Blues
But wait, there’s more! On Black Friday 2018, Chris parted with another 6.5 BTC for yet another Honda. At the time, Bitcoin was valued at $4,300, so you can imagine his cringe-worthy moment when he realized that at today’s Bitcoin price, that amount translates into $293,000. The emotional math is enough to break anyone’s spirit.
The Regret Train Has Left the Station
Listening to Chris narrate the aftermath is like watching a tragicomedy unfold. He initially felt unfazed about the purchases, but the reality of his lost gains hit hard years later. “I started doing some math and it made me kick myself in the ass and I feel pretty depressed,” he lamented. And honestly, who wouldn’t feel a pang of regret knowing that the sum he spent could’ve bought a lot more than just two used cars?
“I obviously have regrets about that because I can buy a lot of NSXs today for that price.”
Lessons Learned from Crypto Enthusiasts
Chris isn’t alone in his regretful escapades. Dogecoin founder Billy Markus once sold off his DOGE stash for an amount equivalent to, you guessed it, a used Honda Civic. And who can forget the legendary Bitcoin pizza that, despite being delicious at the time, now rings in at a staggering $500 million? Just the thought makes your stomach churn.
Conclusion: More than Just Cars
This saga serves as a potent reminder of the volatile nature of cryptocurrencies and the temptation to make whimsical purchases. While Chris’s story is laced with humor, it carries a serious undertone: sometimes, it pays to think twice before exchanging your crypto for a shiny but outdated toy. Maybe next time, a second date with Bitcoin will yield better results!
