RATE Group | Fun Fact: Bitcoin Price is Up 838,000,000% in Ten Years’ Time
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Fun Fact: Bitcoin Price is Up 838,000,000% in Ten Years’ Time

13 Oct Fun Fact: Bitcoin Price is Up 838,000,000% in Ten Years’ Time

Posted at 07:36h in Cryptocurrency News by

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Since its birth in 2009, Bitcoin has been on a remarkable run.

The cryptocurrency was at first a currency for the fringe — used by those that wanted to bypass the pitfalls of traditional payment solutions, wanted to make a bet on the future of fintech, or wanted to make a statement against the fiat system, which was then embroiled in the aftermath of 2008’s Great Recession. Now, Bitcoin has entered the mainstream, frequenting the headlines of mainstream media outlets and becoming a part of the world’s vernacular.

Bitcoin’s Humble Origins

It wasn’t an easy journey, however. Back during Bitcoin’s earliest years, it was often ridiculed by cynics who claimed that the project was nothing more than a currency for criminals. What’s more, no one really attributed value to the coins.

Related Reading: More Whales Are Hoarding Bitcoin After Accumulating During Bear Market

But, this changed seemingly for the first time in 2010, when early adopter Laszlo Hanyecz paid 10,000 BTC for…

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