Cypto stories: Kristoffer Koch

Norway, 2009. Student Kristoffer Koch is working on his dissertation about encryption when he learns about something called Bitcoin.

As an experiment, Koch bought 5,000 BTC for 150 Norwegian kroner (about $25) just for fun, which earned him a free lecture from his girlfriend about constantly buying stuff that he never uses.

In reality, his girlfriend was right: Koch had forgotten about the Bitcoin he bought until 2013, which was the year when the media began to cover the phenomenon of cryptocurrencies and encrypted networks.

Koch remembered his Bitcoin, found his password to the exchange, and discovered that his Bitcoin had grown from $25 to $885,000 🙂

What he did next was indeed shrewd: Instead of withdrawing everything at once, he withdrew only one-fifth to buy an apartment in Oslo.

It’s funny that the 2013 peak for Bitcoin was just over $1,000, and now it’s... Well, you know how it is :)

Koch was certainly wise to hodl his Bitcoin and keep it#ContentStar $BTC$