Bitcoin, which was mined by Satoshi Nakamoto on a small server in Helsinki, Finland on January 3, 2009, has come a long way since its inception. The cryptocurrency was first priced by the market on May 18, 2010, when Laszlo Hanyecz, a programmer in Florida, made history by purchasing two pizzas for 10,000 BTC, which was equivalent to about $30 at the time. The initial transaction price for Bitcoin was a mere $0.003.
Fast forward to today, and Bitcoin has seen an incredible appreciation in value, now exceeding 23 million times its initial price. This remarkable growth is a testament to the increasing popularity and adoption of Bitcoin as a digital asset.
