Wang Chun, one of the founders of F2Pool, just sold his apartment in North Pattaya, Thailand, for 7 BTC (about $469,000).
The admission is what makes it intriguing, not the sale price.
He acquired that identical flat in 2015 for 2,900 BTC (about $785K at the time), when Bitcoin was worth about $270.
It looks like a huge "loss" in BTC terms on paper.
But he doesn't think that way.
That apartment wasn't merely a piece of property. It was his first home, and it was where he first lived away from home. He constructed stuff from scratch there and even started a Zcash mining pool while he was there.
The worth was more than just money. It was a big deal.
Put that next to Changpeng Zhao, who started Binance.
Around the same time, CZ did the opposite: he sold his condominium in Shanghai for over $900,000 and bought Bitcoin for about $600 in 2014.
Same market. The same early stage of crypto.
Two choices that are significantly different:
One person bought a house with Bitcoin. The other person sold their house to get Bitcoin.
One changed BTC into real-life experience. The other turned real-life assets into BTC.
It is clear that neither is "wrong."
It all depends on what you think is important at that time.
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