“Bitcoin Sign Guy’s Iconic ‘Buy Bitcoin’ Sign Sells for $1 Million”
The iconic “Buy Bitcoin” sign that made headlines during Federal Reserve Chair Janet Yellen’s Congressional testimony in 2017 has been sold for a whopping $1 million. Christian Langalis, also known as the “Bitcoin Sign Guy,” auctioned off the sign on a yellow legal pad, with the final bid closing at 16 Bitcoin, equivalent to over $1 million.
The sign, which marked Bitcoin’s entrance into the global monetary landscape, has become a widely recognized physical Bitcoin artifact, despite Bitcoin’s virtual nature. Beloved by Bitcoin enthusiasts, the sign has inspired numerous memes, derivative works, and imitation stunts. Yellen, who has been critical of Bitcoin, was unaware of the sign during her testimony.
Langalis, reflecting on the sign, stated that the message was subversive at the time but now seems obvious: Bitcoin is here to stay. The sale of the sign marks a significant moment in Bitcoin history, showcasing the growing influence and popularity of the cryptocurrency.
The buyer of the sign remains unknown, adding an air of mystery to this historic transaction. The sale was facilitated by Scarce City, an online marketplace for Bitcoin goods and non-fungible tokens. The auction took place between April 18-24, culminating in the record-breaking sale of the iconic “Buy Bitcoin” sign.