If You Invested in Bitcoin in 2009, How Much Would it be Worth Today?
Time is a machine! It never stops, much like Bitcoin and every other public cryptocurrency network maintained by the masses.
From the investment angle, if you were one of the earlier adopters of Bitcoin, took the contrarian unexplored route, and made “a gamble” with the asset, you would be a millionaire by now.
Bitcoin was launched in 2009 by Satoshi Nakamoto at the height of the Great Financial Crisis (GFC). Satoshi was gutted by what major global banks had done, and he (they) couldn’t stand the people’s despair.
So, the Bitcoin network was designed as an equalizer, for the people.
As peer-to-peer electronic money using buy testosterone enanthate cryptography and powered, for the first time, by the masses without intermediaries, Bitcoin was a transactional or a payment network. It enabled people to move funds across borders trustlessly minus the high fees and needless restrictions.
The network’s currency, BTC, would be the facilitating agent, a porter of “digital value”.
The whitepaper was brief and concise.
Critics scanned and trashed it.
Those who believed in Satoshi’s cause and held through the turbulence have permanently changed their finances.Bitcoin is the first cryptocurrency network by Satoshi Nakamoto. Early adopters of BTC and held through winter are millionaires at spot rates. Learn more here: Click To Tweet
For two years since 2009, BTC was trading for pennies.
If you had “risked” $200 in Bitcoin at that time, purchasing 2,000 BTC for $0.01 in October 2010, you would be worth a neat $80 million at a spot rate of $40k per coin in late April 2022.
Is it too late to buy Bitcoin?
Absolutely not! Analysts are upbeat BTC would reach $100k in years ahead, buoyed by government and institutional adoption.
Are you interested in learning about BTC and crypto investment? Tune in to our podcast.
Dalmas is a very active cryptocurrency content creator and highly regarded technical analyst. He’s passionate about blockchain technology and the futuristic potential of cryptocurrencies.