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The 🍕 tale of the guy who bought 2 🍕 for 10,000 bitcoins. 🤔 Does he hold any BTC left? 📅 Ten years ago, a developer named Laszlo Hanyecz made history by becoming the first person to use Bitcoin in a commercial transaction. 🗓️ On May 22, 2010, when Bitcoin was just over a year old, he did something that would forever be remembered in the cryptocurrency space: he bought two pizzas for a whopping 10,000 BTC. 💰 Back then, those 10,000 BTC were worth about $41. 📈 Now BTC is sitting at 70k each, so if you want to calculate those with the current price, those two pizzas are the most expensive pizzas in the world, costing 700M USD! Those 🍕 must be yummy as $. 🎉 Now May 22 is celebrated as “Bitcoin Pizza Day” in the crypto space. ❓ Now the question is? Does he hold any BTC left? 🤫 As of now, Laszlo Hanyecz has not publicly disclosed whether he still holds any Bitcoin (BTC) from the original 10,000 BTC he used to buy those two pizzas. Given the significant appreciation in Bitcoin’s value over the years, it’s possible that he might have many BTCs left in his bag. He should become a silent millionaire right now, that if he lost his key to his wallet... But I sure hope he do!!! 💭 I strongly believe that he still holds some BTC, the more important thing is most people already sold them at $1000, even at $100! thinking that it was the peak back then. 💀 The ones that make it are either lost their key, or simply (this rather dark) already passed away, leaving their BTC permanently unusable till the end of time... 📷 Pic below: "What you get for 10,000 BTC in 2010 vs 0.0015 BTC in 2024"$BTC #BinanceLaunchpool $ETH $SOL #BullorBear

The 🍕 tale of the guy who bought 2 🍕 for 10,000 bitcoins.

🤔 Does he hold any BTC left?

📅 Ten years ago, a developer named Laszlo Hanyecz made history by becoming the first person to use Bitcoin in a commercial transaction.

🗓️ On May 22, 2010, when Bitcoin was just over a year old, he did something that would forever be remembered in the cryptocurrency space: he bought two pizzas for a whopping 10,000 BTC.

💰 Back then, those 10,000 BTC were worth about $41.

📈 Now BTC is sitting at 70k each, so if you want to calculate those with the current price, those two pizzas are the most expensive pizzas in the world, costing 700M USD! Those 🍕 must be yummy as $.

🎉 Now May 22 is celebrated as “Bitcoin Pizza Day” in the crypto space.

❓ Now the question is? Does he hold any BTC left?

🤫 As of now, Laszlo Hanyecz has not publicly disclosed whether he still holds any Bitcoin (BTC) from the original 10,000 BTC he used to buy those two pizzas. Given the significant appreciation in Bitcoin’s value over the years, it’s possible that he might have many BTCs left in his bag. He should become a silent millionaire right now, that if he lost his key to his wallet... But I sure hope he do!!!

💭 I strongly believe that he still holds some BTC, the more important thing is most people already sold them at $1000, even at $100! thinking that it was the peak back then.

💀 The ones that make it are either lost their key, or simply (this rather dark) already passed away, leaving their BTC permanently unusable till the end of time...

📷 Pic below: "What you get for 10,000 BTC in 2010 vs 0.0015 BTC in 2024"$BTC #BinanceLaunchpool $ETH $SOL #BullorBear

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BTC: Should You Buy Directly or Through ETFs? 🚀 Hey there! 👋 Thinking about diving into Bitcoin trading? Well, there are two main avenues to consider: purchasing Bitcoin directly (BTC) or investing in a Bitcoin Exchange-Traded Fund (ETF). Let's weigh the pros and cons of each! 💫 Direct Bitcoin Purchase 💫 - You're in control! When you buy Bitcoin, it's all yours to use for transactions or to store away. - Convenience at its best! Bitcoin trades round the clock, allowing you to react to market changes anytime. - Potentially cost-effective, with minimal ongoing expenses apart from transaction fees. But, beware of the downsides: - Security is on you! Safeguarding your Bitcoin means safeguarding your private keys, as losing them equals losing your Bitcoin forever. - Setting up exchanges and wallets can be daunting for beginners. - Tax tracking can be a headache come tax season. Before we move on, do you know which cryptocurrency reigns supreme in the market? 🤔 📈 Bitcoin ETFs: A Simplified Alternative 📈 - Hassle-free investing through your regular brokerage account, sans the complexities of crypto exchanges. - Safety first! ETFs mitigate risks like hacks or key losses by holding the Bitcoin for you. - Regulatory oversight offers added peace of mind. - Simplified tax reporting compared to individual Bitcoin transactions. Yet, there are some drawbacks: - You technically don't own Bitcoin but rather shares in a fund tracking its price. - Management fees can eat into your returns. - Limited trading hours compared to the 24/7 nature of direct trading. Final thoughts? 🛎️ The choice between Bitcoin ETFs and direct purchases hinges on your investment objectives, risk tolerance, and comfort level with digital assets. While I lean towards direct buying, it's essential to conduct thorough research and opt for the path that aligns best with your needs!#ETFvsBTC
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Here's My Suggestions about Bitcoin ETFs vs. Buying Bitcoin Directly: Which One is Best? 🌀🌀 🗿 So we all know Two main approaches exist: 👉 Directly buying Bitcoin (BTC) or 👉 Investing in Bitcoin ETFs Both offer exposure to Bitcoin's price movements, but Here's a breakdown of the advantages and drawbacks of each one: What do You Think Which is Best Way to Buy BTC ? 📌 Bitcoin ETFs (Advantages) Easier Access and Security: ETFs eliminate the need for cryptocurrency exchanges, which can be complex for beginners and carry security risks like hacking. Regulation and Bigger Game: Bitcoin ETFs are subject to regulations, offering a layer of investor protection. Much Vast Liquidity: ETFs generally offer higher liquidity than directly buying Bitcoin. This means you can easily buy and sell at spot anytime easily. 🍅 Now Some ☔Bitcoin ETFs (Drawbacks) Investing in a Bitcoin ETF often comes with additional fees compared to buying Bitcoin directly. No Direct Ownership so it eliminates some benefits associated with owning Bitcoin, like the ability to spend it or hold it in a personal wallet. 🎲🎲🎲🎲🎲🎲 Now Come on the other side that Buying Bitcoin Directly Advantages Direct Ownership and Control: When you buy Bitcoin directly, you have complete control on it. You can store your BTCs in a personal wallet. Potentially Lower Fees: Buying Bitcoin on a cryptocurrency exchange can be cheaper than investing in a Bitcoin ETF, So I personally Prefer this 🍎 It Also has some Drawbacks) 🗿 Complexity in some cryptocurrency exchanges and wallets can be bad for new investors. i must say you to have technical aspects and potential scams research Storing Bitcoin securely requires using a personal wallet, which comes with its own set of security risks like stolen or hacking 📌👉The best option for you depends on your investment goals. $BTC I just want to say that Do your research, understand your risk tolerance, and never invest more than you can afford to lose.#ETFvsBTC
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