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NOTCOIN trading is Live!!! Are You Happy 🚀🚀🚀🚀🙏 #cryptosolutions #notcoin

NOTCOIN trading is Live!!!

Are You Happy 🚀🚀🚀🚀🙏

#cryptosolutions #notcoin

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The First Bitcoin Transaction: A Look Back at Bitcoin Pizza Day On May 22, 2010, Laszlo Hanyecz made history by paying Jeremy Sturdivant 10,000 bitcoins for two Papa John’s pizzas, which Sturdivant later delivered to Hanyecz’s home. This transaction is significant because it marks the first known instance where bitcoin was used as a medium of exchange in commerce. Bitcoin Pizza Day is often celebrated with a mix of amazement and humor. People often remark, “Wow, that guy is dumb. If he kept those bitcoins, today they’d be worth more than $700 million! Instead, he just got two pizzas.” However, this perspective overlooks a crucial point. In 2010, 10,000 BTC was only worth approximately the cost of two pizzas. For Bitcoin to appreciate in value, it needed to be used, which is why May 22 is so important. The rationale applies more broadly to the use of Bitcoin and other cryptocurrencies. While the incredible gains in Bitcoin’s value have led to such statements, it's important to understand the context. Consider this hypothetical scenario: A tech company with four co-founders hires its first employee, offering a $50,000 annual salary and 1 percent of the company’s stock, which is worthless at the time. The employee quits after a year. If the company goes public eight years later and becomes a social media giant, the initial offer could translate into a fortune. This statement might seem unfair because it disregards the value of the company at the time the offer was made. Similarly, Hanyecz did not pay $700 million for pizza but 10,000 bitcoins because that was the value of the coin at the time. The significance of Bitcoin Pizza Day lies in its role in demonstrating Bitcoin's utility and paving the way for its future growth. #cryptosolutions #pizzaday
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The Forgotten Speech: Andreas Antonopoulos on Bitcoin at $100 Eleven years ago, when Bitcoin was around $100, Andreas Antonopoulos delivered one of the greatest speeches in crypto history to an empty room. Despite the lack of audience, Andreas passionately explained the revolutionary potential of Bitcoin. He highlighted how Bitcoin could empower individuals by providing a decentralized, global currency, free from the control of banks and governments. His speech covered the fundamentals of Bitcoin, including its finite supply, secure transactions, and the innovative blockchain technology underpinning it. Andreas emphasized how Bitcoin could change the financial landscape by enabling peer-to-peer transactions without intermediaries, reducing fees, and increasing accessibility. At that time, Bitcoin was a niche topic, understood by few and dismissed by many. Yet, Andreas's vision and conviction in the transformative power of Bitcoin were unwavering. He foresaw a future where Bitcoin would play a crucial role in financial inclusion and freedom. This speech, though delivered to an empty room, has become legendary in the crypto community. It marks a pivotal moment in the history of Bitcoin, showcasing Andreas's foresight and dedication. His words continue to inspire and educate new generations of Bitcoin enthusiasts, underlining the importance of belief and perseverance in the face of skepticism. Today, as Bitcoin's value and influence have soared, Andreas's early insights remain profoundly relevant, reminding us of the journey Bitcoin has taken from obscurity to global significance. #cryptosolutions
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