Had you invested $100 in Bitcoin in July 2010... (link)

Cosmos

Well-Known Member
May 29, 2001
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then Forbes would be listing you in its annual list of the world's richest people.

Bitcoin first made its debut for trading at the beginning of July 2010 at a price of $0.0008 per token. That's just eight-hundredths of a penny. If we make the hypothetical assumption that there were no transaction fees, a $100 investment on its debut day could have purchased 125,000 Bitcoin.

As of late evening on Nov. 12, at the time of this writing, Bitcoin was going for $63,712.34 per token. An initial $100 investment held for a tad over 11 years and four months has gained almost 8,000,000,000% and would now be worth $7,964,042,400. In other words, Forbes would be including you in their annual list of the world's richest people.

To put this into another context, Tesla Motors' CEO Elon Musk is currently the world's richest person, with an estimated net worth of $281.6 billion. If you had the luck, stomach, and wherewithal to invest $3,550 in Bitcoin on Day 1, you'd be the richest person in the world right now.

Opportunity cost, NJPSU.