Lily Allen Mourns Rejecting Bitcoin Gig
International pop star Lily Allen has declared herself an “idiot” for refusing to accept payment for a gig in Bitcoins. Around five years ago Allen was asked to perform, from her own home, on the 3D chat website Second Life in exchange for the virtual currency.
Earlier this month Allen tweeted, “About 5 years ago someone asked me to stream a gig live on second life for hundreds of thousands of bitcoins, “as if” I said. #idiot #idiot”.At the time of offering Bitcoins weren’t particularly valuable and mainly existed for experimental use in online games.
However, bitcoins today are worth close to $1000 each which means that had Allen accepted the offer of “hundreds of thousands” then today the gig would have paid millions.
Allen is currently valued at £6 million; however, had she accepted the gig it is thought that she would be worth over £120 million today.
Allen isn’t the only person to miss out on a bitcoin fortune. IT worker James Howells bought 7,500 bitcoins in early 2009 when the currency was publicly launched and worth something in the region of 15p. However, he stored them on a laptop hard drive that he accidentally threw away and with it went his millions.