{"id":18361,"date":"2025-10-06T15:54:13","date_gmt":"2025-10-06T14:54:13","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=18361"},"modified":"2025-10-06T15:59:30","modified_gmt":"2025-10-06T14:59:30","slug":"when-1-could-buy-1309-btc-coinbase-ceo-reflects-on-bitcoin-early-days","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/when-1-could-buy-1309-btc-coinbase-ceo-reflects-on-bitcoin-early-days\/","title":{"rendered":"When $1 Could Buy 1,309 BTC: Coinbase CEO Reflects on Bitcoin&#8217;s Early Days"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"bitcoin-humble-beginnings\">Bitcoin: Humble Beginnings<\/h2>\n\n\n\n<p>Initially, <strong><a href=\"https:\/\/investx.fr\/en\/crypto-news\/bitcoin\/\">Bitcoin<\/a><\/strong> had no defined market value. Its original price was purely theoretical, estimated by a developer known under the pseudonym &#8220;<em>NewLibertyStandard<\/em>&#8220;. This calculation, based on electricity consumption and energy costs, showed it was possible to get more than <strong>1,300 BTC for 1 dollar<\/strong>. Now a legendary anecdote, it reflected the near-zero value of the cryptocurrency in its early days.<\/p>\n\n\n\n<p>It wasn&#8217;t until the following year that the first real <a href=\"https:\/\/investx.fr\/en\/learn\/crypto\/bitcoin\/\">Bitcoin<\/a> transaction occurred, with the purchase of two pizzas for <strong>10,000 BTC<\/strong>. An event that became famous as &#8220;Bitcoin Pizza Day,&#8221; on May 22.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/investx.fr\/go-bitget\/gaston\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Buy Bitcoin and receive $10 free on Bitget!<\/a><\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"the-million-dollar-bet-analysis-of-brian-armstrongs-prediction\">The Million-Dollar Bet: Analysis of Brian Armstrong&#8217;s Prediction<\/h2>\n\n\n\n<p>Today, Coinbase CEO <strong>Brian Armstrong<\/strong> doesn&#8217;t hesitate to predict that Bitcoin could reach <strong>$1 million<\/strong> by the end of this decade. This ambitious forecast is based on several key factors:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>More favorable <strong><a href=\"https:\/\/investx.fr\/en\/crypto-investing\/\">cryptocurrency<\/a> regulation<\/strong> worldwide<\/li>\n\n\n\n<li><strong>Increased adoption<\/strong> by traditional financial institutions<\/li>\n\n\n\n<li>Growth of <strong>non-custodial crypto wallets<\/strong><\/li>\n\n\n\n<li>Reduced <strong>money creation<\/strong> in the fiat system<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">16 years ago today you could buy 1,309 BTC for $1.<br><br>This is the first recorded dollar valuation of Bitcoin, calculated by electricity cost to mine Bitcoin at the time.<br><br>The people crazy enough to think they can change the world are the ones who do. <a href=\"https:\/\/t.co\/t1qW0NbFKn\">pic.twitter.com\/t1qW0NbFKn<\/a><\/p>&mdash; Brian Armstrong (@brian_armstrong) <a href=\"https:\/\/twitter.com\/brian_armstrong\/status\/1974844387508043869?ref_src=twsrc%5Etfw\">October 5, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>According to Armstrong, these trends could trigger <strong>massive adoption<\/strong> of Bitcoin, propelling its price to unprecedented historical levels.<\/p>\n\n\n\n<p><em>&#8220;The people crazy enough to think they can change the world are the ones who do,&#8221;<\/em> states Brian Armstrong, quoting a famous saying. This reminder of when 1 BTC was worth less than a penny isn&#8217;t merely nostalgia: it illustrates the scale of opportunities offered by <strong>decentralized technologies<\/strong>, which are still in their infancy.<\/p>\n\n\n\n<p><strong>Related topics:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/crypto-market-predictions-key-insights-on-xrp-btc-and-shiba-inu\/\">Crypto Market Predictions : Key Insights on XRP, BTC, and Shiba Inu<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/strategy-and-saylors-bitcoin-portfolio-hits-record-77-billion\/\">Strategy and Saylor\u2019s Bitcoin Portfolio Hits Record $77 Billion<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/investx.fr\/en\/crypto-news\/bnb-skyrockets-and-network-activity-hits-all-time-high-can-it-outperform-ethereum\/\">BNB Skyrockets and Network Activity Hits All-Time High : Can it Outperform Ethereum?<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Just 16 years ago, you could buy 1,309 Bitcoin for just $1, a testament to Bitcoin&#8217;s revolutionary impact on currency. Coinbase&#8217;s CEO, Brian Armstrong, reflects on these early days and predicts Bitcoin&#8217;s potential to reach $1 million.<\/p>\n","protected":false},"author":40,"featured_media":18359,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"bitcoin","_yoast_wpseo_title":"Bitcoin \u2019s Early Days: Coinbase CEO Reflects on the Journey","_yoast_wpseo_metadesc":"Discover the legendary story of Coinbase CEO, Brian Armstrong, revealing the incredible rise of Bitcoin from 1,309 BTC.","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[12,10],"tags":[],"class_list":["post-18361","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bitcoin 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