Fourteen years ago, 10,000 bitcoins (BTC) could only buy two pizza boxes, but the landscape has drastically changed in the world of cryptocurrencies. In honor of Bitcoin Pizza Day celebrated on May 22, cryptocurrency exchange Kraken released a video showcasing the immense value of 10,000 BTC in today’s context. This historic day marks the moment when Laszlo Hanyecz, a Floridian programmer and early BTC adopter, famously purchased two Papa John’s pizzas for 10,000 BTC back in 2010 when the cryptocurrency was valued at $0.0041, totaling an estimated purchase cost of $41.
Fast forward to the present day, with Bitcoin’s staggering growth of over 141,000,000%, those initial 10,000 BTC are now worth a whopping $690 million at the current price of around $69,000 per BTC. The possibilities of what this sizeable BTC stash could afford today are truly mind-boggling.
For instance, with 10,000 BTC, one could potentially acquire around 700 Papa John’s pizza franchises, each with an estimated initial investment ranging from $130,120 to $844,420, according to FranchiseHelp data. Moreover, the video highlights that 10,000 BTC could purchase the most expensive painting by Leonardo DaVinci, the Salvator Mundi, valued at $450.3 million, or even an Airbus A380 Private Jet worth $600 million.
On a more extravagant note, 10,000 BTC could secure a piece of luxury such as one of the world’s priciest diamonds, the Cullinan Diamond, weighing in at 530.2 carats and valued at over $400 million, making it within reach with a total of $687 million in BTC. Additionally, the video suggests that this stash of BTC could afford at least 250 tickets for 90-minute voyages to space through Virgin Galactic’s spaceship, with a ticket cost of $450,000 each, or even private spaceflights costing millions of dollars.
With 10,000 BTC, one could also produce two blockbuster Hollywood films with costs that can exceed $300 million for production, distribution, and marketing. Furthermore, the fascinating realm of possibilities includes acquiring naming rights to a stadium and ownership of 16 private islands in The Bahamas, with the potential to spend up to $30 million for a year of naming rights to a standard stadium or between $200,000 to $200 million for luxury islands, depending on the deal terms.
In conclusion, the evolution of Bitcoin’s value from pizza purchases to the potential acquisition of high-end assets and experiences truly highlights the remarkable growth and impact of the cryptocurrency industry over the years.
