Mark On The First Bitcoin Car, The $48M Prius

BTC Inc. and Bitcoin Magazine CEO, David Bailey, Adds His Name to Bitcoin History by Signing the $48M Prius at Bitcoin2023

MIAMI, May 22, 2023 – (SEAPRWire) – Bitcoin2023 witnessed a remarkable moment as David Bailey, CEO of BTC Inc. and Bitcoin Magazine, added his signature to the infamous $48M Prius, joining the ranks of Bitcoin legends such as Tone Vays, Andreas Antonopolous, David Ripley, Rassah, Samson Mow, Lyn Ulbricht, Johnny Dollar, Pepnardo, Eryka Gemma, Scott Talon, Bruce Fenton, and more.

The $48M Prius, known as the First Bitcoin Car, is currently up for auction on Scarce.City, and the bidding will close this Saturday, May 20th, at 11 pm ET.

OG Bitcoin Legends are making their mark on the First Bitcoin Car, an iconic piece of Bitcoin history. Signatures include (shown and not shown) Andreas Antonopolous, David Bailey, Tone Vays, David Ripley, Rassah, Samson Mow, Lyn Ulbricht, Johnny Dollar, Pepnardo, Eryka Gemma, Scott Talon, Bruce Fenton, and more.

This iconic car gained its name after Bitcoin pioneer Rassah sold 1,000 BTC in 2013 to acquire the car (then, only valued at $22,000). Coindesk then picked up the story in 2019, and at the time of publication, Bitcoin’s peak value had the car valued at $48M.

The car is on display at Bitcoin2023, which runs from Thursday, May 18th, to Saturday, May 20th. Interested bidders can participate in the online auction on Scarce.City, with the opportunity to own this historic artifact of the Bitcoin revolution.

In a tribute to the Bitcoin movement and its champions advocating for a decentralized future, the $48M Prius is being signed by esteemed Bitcoin OGs worldwide. This act further solidifies the car’s status as a living legend and a symbol of Bitcoin’s remarkable journey.

David Bailey, the CEO of BTC and Bitcoin Magazine, expressed his enthusiasm, stating “This [car] is an important piece of Bitcoin history. As far as I can remember, it was the first real, serious purchase with Bitcoin. It wasn’t just a pizza from Papa Johns, it was substantial. This car was the original Lambo for Bitcoin.”

David then went on to say that he’d like to own the car himself and would preserve it in a Bitcoin museum.

Since 2013, the Prius has been to over 30 Bitcoin events and transported hundreds of thousands of dollars of cash from early Bitcoin ATMs. To Bitcoin enthusiasts and the broader Bitcoin community, the First Bitcoin Car represents the turning point of digital currency, launching it from simply an idea into an accepted store of value.

And while the famous “Bitcoin Pizza” is long gone, the Prius remains a tangible, integral part of Bitcoin “firsts.”

As a special bonus, all bidders will receive an exclusive auction NFT after placing their first bid, to be distributed post-auction. The winning bidder of the auction will also receive a commemorative 1 of 1 NFT, along with the honor of adding their signature to this significant piece of Bitcoin history. All NFTs will be minted via counterparty on the Bitcoin blockchain.

For more information about the auction and to participate, please visit

To see videos of Bitcoin legends signing the car you check out our Twitter

Media Contact:
Media Manager, Team Project Prius

SOURCE Auction of the First Bitcoin Car

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