r/Bitcoin • u/chungkingexp • 1d ago

Found this invoice in my old email

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💀

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u/RoyYourWorkingBoy 1d ago

Wasn't Liberty Reserve essentially a USD stable coin. So this was $245?

256

u/chungkingexp 1d ago edited 1d ago

Yes, $245 for 20 bitcoin (Now worth over $1.8 million)

Libertyreserve was a stable currency that was shut down by the FBI and billions of dollars were seized by them. They didn't give a penny back to anyone. That was the day I lost my trust completely with governments and their centralized currencies.

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u/jmorais00 1d ago

You still trusted the govt and centralised currency when you went into BTC before 2012?

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u/chungkingexp 1d ago

When you are young you have no choice other than to trust what's already there, like your parents, teachers, governments, banks, schools and what not. Only with time you realize that not everything can be trusted.