Value Appreciation of Bitcoin
The 10,000 bitcoins spent on the two pizzas in 2010 would have been worth approximately:
- $1.15 million USD in 2013
- $2.4 million USD in 2015
- $20 million USD in 2017
- $500 million USD in 2021
- $700 million USD in 2024,
when Bitcoin reached an all-time high of around $70,000
This astronomical appreciation in value highlights the extreme volatility and potential for significant gains in the cryptocurrency space. The value of the bitcoins spent on the pizzas, often referred to as the Bitcoin Pizza Index, serves as a poignant reminder of Bitcoin's meteoric growth and its unrealized potential.