From pizza to fighter: how the rising purchasing power of 10,000 BTC for eight years
Source:Ten years ago Satoshi Nakamoto published a paper that describes the concept of «peer-to-peer version of electronic money» called Bitcoin. However, the cryptocurrency was not a «money» until may 2010, when Laszlo Haniz bought two pizzas for 10,000 bitcoin, thereby for the first time using virtual currency to buy real things. Needless to say that now for 10 000 can be purchased much more than ten years ago.
theWhat can you buy Bitcoin
The Purchasing power of cryptocurrencies has grown steadily over the past eight years. From iPad to Lamborghini was not so much. This trend has a property «snowball» — the higher Bitcoin price the more people, investors and sharks of wall street want «jump on the train».
By the Way, in 2011 for 10,000 BTC you could buy one share of class A Berkshire Hathaway Warren Buffett. After a couple of years this amount is equivalent to one hundred shares, and Buffett himself was the first who called Bitcoin a dummy.
image Source: Bloomberg
The Wealthy kriptosistem need something to move around (not necessarily by public transport). Just for this case in 2016, you can take two special versions Lamborghini Centenarios (one replaced).
image Source: Bloomberg
And if you pohodlie a little more, your vehicle could fly in a military fighter Lockheed Martin F-35A can receive 10 000 BTC this year. For those who like a more relaxed travel suitable yacht Excellence V value of $ 87 million.
In Addition to the growth of asset prices, significantly increased the daily volume of transactions in dollar terms. At the beginning of 2018 it reached $ 5 billion. However, already after a few months the volume of transactions fell by almost five times.
image Source: Bloomberg
Of Course, except Bitcoin, the stock market also presents more than two thousand other coins and tokens. In January last year, the total industry have reached $ 835 billion. In the same month, in large cryptomancer appeared more than 150 new coins.
image Source: Bloomberg
Since then, the capitalization of the crypts decreased by $ 600 billion. And although Bitcoin for almost a decade, it is still unclear whether he will be the future the new global financial system or will slide into oblivion.
At least, Heinitz got his pizza. Information about the history of the main crypto-currencies have been prepared . And the most successful captainvalor cooking in our .
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