“When $1 Bought 1,309 Bitcoin” — Coinbase CEO Reflects on Crypto’s Early Days
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Brian Armstrong, CEO of the Coinbase, took to X (formerly Twitter) on October 5 to share a striking reflection: 16 years ago, $1 could buy roughly 1,309 Bitcoin (BTC).
16 years ago today you could buy 1,309 BTC for $1.
This is the first recorded dollar valuation of Bitcoin, calculated by electricity cost to mine Bitcoin at the time.
The people crazy enough to think they can change the world are the ones who do. pic.twitter.com/t1qW0NbFKn
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