Criptomillonario bought a Lamborghini for USD $ 115 thanks to Bitcoin

The new trend of buying expensive cars, especially Lamborghinis, with Bitcoin encourages people who have been saving and buying this cryptocurrency for an investment of epic proportions, an example of when patience bears fruit.

Musicians and sports stars buy luxury cars at MotorCars of Georgia, a dealership on the outskirts of Atlanta.

Quavious Marshall, better known as Quavo, from local rap group Migos, bought a Silica White McLaren 720S from there in November. Ricardo Lockette, a retired Seattle Seahawk catcher, posed for an Instagram picture with a blue Lamborghini Hurricane in December. Even Shaquille O'Neal has passed through this place.

Last fall, the dealer also received a visit from Peter Saddington, a seemingly unpretentious 35-year-old programmer who is neither a rapper nor a celebrity, however he caught the attention of the dealership by paying 45 bitcoins online for a Lamborghini Huracan 2015 USD $ 200,000 with a matte white wrapper and race car features. Thanks to their initial interest in cryptocurrencies, actually buying those 45 bitcoins cost Saddington less than USD $ 115 several years ago.

The purchase of Lamborghini from the bitcoin enthusiast is not just a crazy bargain, it reflects the tendency of many new rich to spend their crypto on this Italian supercar.

"It's like a meme that surrounds Reddit," Saddington tells CNBC Make It, when talking about when a coin is going to make a lot of money for users, "someone says, 'when is Lambo?'" On social media. , refers to when the owner can buy the sports car.

Saddington, who studied computer science in the state of Florida before earning three master's degrees in counseling, education and theology at Luther Rice College & Seminary in Georgia, stumbled upon bitcoin in 2011.

An article in the technology publication Ars Technica caught his attention, with a report that Bitcoin had lost 90 percent of its value in a decline from its peak of USD $ 30 to less than USD $ 3.

"As a technologist and someone who likes to take risky bets with new technology, I thought it was really intriguing," Saddington tells CNBC Make It. "It took me about a month to research it, check the code, examine the white paper ), "Referring to the Bitcoin base created by the mysterious creator of the cryptocurrency, Satoshi Nakamoto.