[Fastskiguy]

Originally Posted by rsibole

Reading a history of Bitcoin, when Bitcoin started out there wasn’t really a price for it since no one was willing to buy it. The first time Bitcoin actually gained value was on October 12, 2009 when Martti Malmi, a Finnish developer that helped Satoshi work on Bitcoin, sold 5050 Bitcoins for $5.02. This gave 1 Bitcoin the value of $0.0009.

Reading further, the first transaction using it in the USA was a pizza shop accepted 9-Bitcoin in exchange for a large cheese pizza. At today’s “value”, a single Bitcoin is “worth” a little over $16,000 USD, down from its all time high of $67,567 on November 8th, 2021.

In other important financial news and just in time for Christmas, the Golden Gate Bridge is once again for sale after recently being purchased by a resident in The Villages for $99.95.

$0.009 to somewhere around $16,000 per since 2009 is a pretty good return. Obviously there has been some volatility between then and now but still.

Joe