According to Cointelegraph, programmer Laszlo Hanyecz used 10,000 Bitcoin to buy two Papa John's pizzas in 2010, which is considered the first commercial Bitcoin transaction in history. At the time, the 10,000 Bitcoins were worth only $41, but by 2016, the value of these Bitcoins had risen to about $4.4 million. In 2018, the value soared further to about $41 million.
In 2020, the opportunity cost of these Bitcoins exceeded $80 million. By 2022, this cost grew to more than $300 million. The bear market in 2023 dropped its value to about $268 million. Industry insiders predict that the price of Bitcoin could reach $180,000 by 2025, at which time the opportunity cost of these 10,000 Bitcoins could be close to $2 billion.
