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A police officer in 2013 took his salary in Bitcoin

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by COINS NEWS 110 Views

Smartest Policeman in the world. Tony Vaughn, a police officer from the Kentucky provincial town of Vicco, was asked by the United States to pay his salary to the BTC. In 2013! When few knew about bitcoin at all. What can be said about paying with it?

After conducting their own research, the city commission agreed to such conditions. All his salary began to be converted into bitcoins and automatically transferred to a wallet.

When Tony was asked why he wanted to make this salary change at the time, he said he first learned about bitcoin three months ago through his son, and became convinced virtual currencies are the future. "I pretty much think it will eventually take over," he said, "or I hope it does."

More importantly, he saw it as a way to keep the interest in the town. After this Bitcoin salary news ran, several individuals donated money, some Bitcoin and playground equipment to spruce up the local park. "We're trying to stay alive," he said. "We're a small town, so we're trying to take every progressive move we can make. So it's just an interesting experiment, hopefully it pans out."

Boy did it pan out.... This was probably the first time that a public servant was paid in crypto. The average Police Officer salary in Kentucky in 2013 was around $54,000 per year, and the Bitcoin price was around $1,000 then. So, any crypto savings that Vaughn kept has been revalued by around 7000% at its peak, 3,000 currentlly. Not bad.

submitted by /u/liveaskings
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