Bitcoin Pizza Day is celebrated every 5/22 to remember when in 2010 Laszlo Hanyecz bought two pizzas with 10,000 bitcoins (today it would be about 270,000,000USD😱).
It was the first time bitcoin was used to buy something real, marking the beginning of a crypto revolution🙌.
As the digital revolution continues to reshape the financial landscape, BTC has become a formidable competitor to challenge gold's former dominance as a store of value and inflation protection
That said, JPMorgan strategists said the price of gold suggests Btc should trade substantially higher than its current price level, assuming many investors see the two assets as interchangeable
According to the analysts, given the current bullion price of just under $2k an ounce, the world's leading crypto should trade around $45k, they wrote in a note to clients on Wednesday, May 24. Bitcoin currently trades at $26,512 nearly 70%. lower than the level the strategists say it should be.