It’s been a long time since Bitcoin was created, so it’s almost difficult to gauge how much its value has increased over the years. However, Christopher Koch’s story can put things into perspective.
In 2009, Christopher was busy writing his master’s thesis on encryption technology at his university in Norway. While researching the latest applications in this field, he came across the unknown virtual currency called Bitcoin.
Convinced that he wanted to experience firsthand what the currency in question was, he decided to spend around $26, which allowed him to buy more than 5,000 bitcoins.
What does Christopher do with his investment? Anything. He moves on with his life and almost completely forgets it. However, when the mainstream media started talking about Bitcoin every day in 2013, it suddenly remembered that there was such a virtual currency. After spending an entire day searching for the correct password for his bitcoin wallet, Christopher is finally able to open it. This is how he realizes that he has actually become a millionaire.
He quickly cashed in a fifth of his investment, then valued at $886,000, using the money to purchase a cozy apartment in Oslo, Norway. And the rest… is history. It’s possible Christopher still has the remaining 4,000 bitcoins, patiently waiting for the right opportunity to sell another piece of his vast fortune, Digital Surge wrote.
