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Just to use the actual values, Telsa IPO was $17USD in 2010 Its closer to $715USD right now, after a 5:1 split last year, so $17->$3575 in 10 years. It has bee
by rfd4sgmk8u 6y ago
Just to use the actual values, Telsa IPO was $17USD in 2010
Its closer to $715USD right now, after a 5:1 split last year, so $17->$3575 in 10 years.
It has been traded on the public markets since.
10 years ago you could not buy a pizza for 10k btc.
Laszlo choose to trade 10k BTC for a pizza, bootstrapping a value exchange on an experimental p2p software network. It was an adhoc tx, not done on a public market (which did not exist at the time).
I don't think it upside down. Assets can gain value over time, especially when you have inflation of the monetary base feeding into these assets, and a growing audience participating. Makes sense!