What Can a Single Bitcoin Afford You Today? The Evolution of the Bitcoin-Lambo Phenomenon

The infamous Bitcoin Lamborghini meme has come full circle, as you can now purchase a Lamborghini with just one Bitcoin, a drastic reduction from the 200+ Bitcoins spent for a Lambo in 2013. This phenomenon began when an anonymous buyer used 216.8433 Bitcoins to buy a Gallardo from the first auto dealership accepting Bitcoin payments, Lamborghini Newport Beach, in late 2013.

As Bitcoin's value soared, the story became emblematic of the Bitcoin dream and the "When Lambo" meme was born. Today, with Bitcoin's value exceeding $110,000, it's clear that you no longer need to spend 216.8433 Bitcoins to buy a Lamborghini. In fact, one Bitcoin can get you a used 2006 Gallardo with less than 17,000 miles, a far cry from the original transaction.