Bitcoin reached a new all-time high of $111,800 on the 15th anniversary of Bitcoin Pizza Day, a day marking the first recorded commercial transaction using BTC. In 2010, developer Laszlo Hanyecz paid 10,000 BTC for two pizzas from Papa John's, an amount now valued at over $1.1 billion, showcasing the cryptocurrency’s immense value appreciation. This transaction not only indicated a pivotal moment in cryptocurrency history but also demonstrated that Bitcoin could function as a currency for real-world goods. The staggering rise in Bitcoin’s value illustrates its transformation from a niche technology into a widely recognized asset class. This year, as Bitcoin celebrates its anniversary, the same 10,000 BTC could buy over 70 million pizzas, exemplifying its dramatic price increase over the last 15 years. Hanyecz, who mined BTC when it was worth less than a penny, reflects on the cultural significance of the transaction rather than the potential fortune he forewent, marking a key milestone for the cryptocurrency market.

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