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Latest cryptocurrency news > BITCOIN News > Bitcoin Buys Astonishingly Expensive Items
BITCOIN News

Bitcoin Buys Astonishingly Expensive Items

BH NEWS
Last updated: 26 May 2024 17:46
BH NEWS 2 years ago
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Bitcoin‘s value has surged dramatically since its inception, transforming what 10,000 BTC can purchase today. In 2010, 10,000 Bitcoin could only afford two Papa John’s pizzas, costing around $41. However, Bitcoin’s value has skyrocketed by over 141,000,000%, making 10,000 BTC worth approximately $690 million now.

Contents
What Can 10,000 Bitcoin Get You?Noteworthy DetailsUser-Usable Inferences

What Can 10,000 Bitcoin Get You?

The legendary Bitcoin Pizza Day marked the first real-world transaction with Bitcoin when Laszlo Hanyecz bought two pizzas for 10,000 BTC. Fast forward to today, and the same amount of Bitcoin could buy you at least 715 Papa John’s franchises, with the initial investment ranging from $130,120 to $844,420 per franchise.

A recent video by Kraken highlighted that 10,000 BTC could purchase Leonardo DaVinci’s expensive painting, Salvator Mundi, valued at $450.3 million, and an Airbus A380 Private Jet worth $600 million. This shows the immense purchasing power Bitcoin holds today.

Noteworthy Details

Additionally, 10,000 Bitcoin could buy one of the world’s priciest diamonds, the Cullinan Diamond, valued at $400 million. With $687 million, you could secure such a rare gem. Furthermore, with 10,000 BTC, you could purchase at least 250 tickets for a 90-minute space journey on Virgin Galactic’s spaceship, with ticket prices at $450,000 each.

User-Usable Inferences

– Investing in Bitcoin early could lead to substantial wealth today.
– Bitcoin can be used to buy high-value items, including franchises and luxury assets.
– The appreciation of Bitcoin showcases its potential as a major financial asset.

Moreover, with 10,000 BTC, you could finance two Hollywood blockbusters, considering the average production cost is around $100 million, with the most expensive movies requiring over $300 million for production, distribution, and marketing. This underscores Bitcoin’s tremendous value in the current financial landscape.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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