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XRP community celebrates Jet Fuel Day’s anniversary

Anirudh VK



XRP community celebrates Jet Fuel Day's anniversary
Source: Unsplash

On 22nd May 2010, a Bitcoin [BTC] developer bought two pizzas from Papa John’s for 10000 BTC. This is widely hailed as Bitcoin Pizza Day, with those 10000 BTC now worth close to $65.9 million.

Like how Bitcoin has its Pizza Day, XRP has a Jet Fuel Day. On this day 3 years ago, the first significant use of the XRP token in a transaction was made. Matthew Mellon, a billionaire banking heir known for his advisory role to Ripple, conducted a transaction that utilized Ripple.

On 10th July 2015, he bought a full tank of jet fuel for a transatlantic flight on a Falcon jet using XRP tokens. He used around 850,000 XRP for this transaction, which, at the time, was worth $7400 approximately. The amount of XRP that he utilized would be worth $400,000 approximately today.

Sadly, the banking heir is no more. He reportedly died while in rehab for drug addiction. He invested close to $2 million in the token, becoming a billionaire at the currency’s peak. His XRP stash worth close to $500 million is thought to be lost forever. On his investment in XRP, he is quoted as saying:

“It’s $1 billion virtually for free. I actually have earned it because I was the only person who was willing to raise his hand. My family thought I was insane when I knew it was a home run.”

User TDLinthorne on Reddit said:

“Drops of ripple buying drops of jet fuel seems fitting. Does this cement the class divide between bitcoin and ripple through? some average guy buying pizza vs some rich guy buying fuel for his private plane? I’d rather be the guy buying the fuel….”

User BreadGarlicmouse said:

“$20 to $200,000,000 is a lot different than $8000 to $400,000. The pizza thing wasn’t even talked about much until around 5 years after it happened.”

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Anirudh VK is a full-time journalist at AMBCrypto. He has a passion for writing and interest towards the future of blockchain technology and cryptocurrencies. He does not own any cryptocurrencies currently.



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