From Pizza To Lambos: Charting Bitcoin’s First Decade

[Ozark]

Ten years ago this month, Satoshi Nakamoto published a paper online introducing the concept of a “purely peer-to-peer version of electronic cash” called Bitcoin. But it wasn’t until May 2010, when software developer Laszlo Hanyecz swapped 10,000 Bitcoins for two pizzas, that the virtual currency became a means for buying real-world stuff.

Suffice it to say, you can get a lot more than two pizzas with 10,000 Bitcoins these days.

Here’s a look at how the purchasing power of that original transaction has changed over the past eight years, running the gamut from iPads to Lamborghinis (or Lambos, in industry parlance) as early adopters, true believers, Wall Street financiers and retail investors all jumped on the Bitcoin rollercoaster. Read more here.