#2024WithBinance

The price of a Bitcoin surpassed 100,000 dollars for the first time on Wednesday, a milestone for a digital currency that was once considered a sideshow and a passing fad. What started as 'an experimental project by enthusiasts,' according to Finn Brunton, author of a 2019 book on the history of cryptocurrencies, has become 'a truly impressive feat.'

Those who bet on Bitcoin could well stand today in front of the crowd of skeptics to challenge them: 'Look at whom you mocked,' like a Uruguayan girl who went viral in 2007 after winning a cruise for two in a contest on the Buen día Uruguay program on Canal 4. When handed the microphone, the girl said the phrase as a retort to a schoolmate who had laughed at her.

In May 2010, Laszlo Hanyecz, one of the first cryptocurrency enthusiasts, used Bitcoin to buy two pizzas at Papa John's. He spent 10,000 Bitcoins on one pizza. He spent 10,000 Bitcoins, about 40 dollars of that time, on one of the first purchases made with the digital currency. It has turned out to be the most expensive pizza in history: 1 billion dollars.

Bitcoin is now possibly the most successful investment product of the last 20 years. The value of all circulating coins is 2 trillion dollars, more than the combined value of Mastercard, Walmart, and JPMorgan Chase.