Bitcoin’s Early Days: Reporter Recalls $200K Sushi Dinner After Spending 10 BTC, Former Bitcoin Dev Sells 55,000 BTC for Under $30 a Coin

As bitcoin touched an all-time price high this week, the tech reporter at the New York Times, Kashmir Hill, recalled how she spent 10 BTC ($224k) for a sushi dinner for a couple of dozen strangers. Hill wrote about the dining experience in a recent article called “How I Blew My Bitcoin on Sushi: My $200,000 Sushi Dinner.” Additionally, the early bitcoiner Martti Malmi wrote about how he sold 55,000 BTC which would now be worth over $1.2 billion.

Journalist Spends 10 BTC on a Sushi Dinner With Strangers in 2013

The price of bitcoin (BTC) has climbed to new price heights this past week and a few people have been writing about spending coins in the early days.

For instance, the well known New York Times (NYT) tech columnist Kashmir Hill recently wrote about her experience living on bitcoins for a whole week in 2013. Hill said she spent $136 per coin on Coinbase at the time, and one evening spent 10 BTC ($224k) on a sushi dinner.

“Back in May 2013, I spent in one night what would be worth approximately $200,000 today on raw fish and shrimp tempura rolls for people I had just met,” Hill said of her week-long crypto experience.

“I was a reporter at Forbes magazine at the time covering technology and privacy. Bitcoin had come on my radar as a privacy-protective technology allowing people to make anonymous online purchases, kind of like paying cash in the real world.”

Bitcoin’s Early Days: Reporter Recalls $200K Sushi Dinner After Spending 10 BTC, Former Bitcoin Dev Sells 55,000 BTC for Under $30 a Coin
NYT reporter Kashmir Hill spent 10 BTC on a sushi dinner at a restaurant called the Sake Zone. Because he accepted bitcoin (BTC) back in the early days, Sake Zone owner Yung Chen managed to retire after collecting 41 BTC over the years.

On the very last night of her week-long bitcoin spending spree, she decided to celebrate by having a sushi dinner at a place called the Sake Zone. She opened an invitation to complete strangers on Reddit and booked a table for 15 or more at Yung Chen’s Sake Zone.

Then years later after the spending experiment in 2020, Hill called…

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