Member-only story
Many of us are familiar with Karen Blixen.
She was a Danish writer of aristocratic background who moved to precolonial Kenya at the advent of the first world war.
Her acclaimed book Out of Africa - a record of her experiences in the country- was turned into an even more acclaimed movie with Meryl Streep playing her.
Baroness Blixen bought her 6000 acre farm in Kenya at £115,000 upon her arrival. She cultivated coffee on 600 acres of the vast farm.
About 15 years later, after the venture had turned into a devastating failure due to among other reasons mismanagement and its soil and climate being unsuitable for coffee farming, her family sold it to a developer for £10,000.
The developer subdivided the land and sold it to different people. The allotted parcels have been changing hands over the years.
Today almost a hundred years later, an acre of the same property goes for about $500,000 ( £413,000).
The 6000 acre parcel as a whole would fetch $3,000,000,000 today.
If only the family had held on to it! Or a part of it!
There are so many parallels of Baroness Blixen’s story to the story of Bitcoin.
