The confidence of the present bitcoin investors.

[Grace333]

Honestly, their is more confidence in the present investors than those of the early investors. Initially, when Bitcoin was in it's young age, only few persons invested in bitcoin, and among the few that invested in bitcoin, not all of those few investors believed in Bitcoin which some of them to sell their bitcoin asset very early.

Imagine Laszlo buying just two pizzas for $10000BTC , and this amount of bitcoin is worth millions of dollars today, and some others who sold their bitcoin at early stage just to pay bills. All these things happened because they never expected Bitcoin would stand the text of time.

Today, we are so confident about bitcoin, and we have seen how far bitcoin has gone couple with the increase in price, we now know that Bitcoin is a store of value, and we can create wealth with it, this conviction is the reason why investors today have placed so much trust on Bitcoin which many early investors never had making them to sell good number of their Bitcoin asset for small money, and bill payment.

Another reason why early investors never had so much confidence in Bitcoin is because, in the early days of bitcoin, it experiences very huge crash, and was mostly used for transactions instead of seeing Bitcoin as an asset for investment, but today the mentality has really changed, and many Bitcoin investors are now willing to buy, and hodl for long term purpose, and investment.

You are wrong about your idea of the early Bitcoin enthusiasts. Without their efforts bitcoin be what it is today and besides bitcoin wasn't created as an asset for investment, it's initial purpose was to bridge the gap between a seller and a buyer so they don't have to contact a third party for their transaction. Even Satoshi wouldn't have thought bitcoin would become this expensive. However you can't blame them for not thinking bitcoin can become a good store of value that would be worth tens and hundreds of thousands of dollars.

[Inior]

Anybody Wey understand times and circumstances supposed know say Laszlo Bitcoin Wey e buy na to show the world say them fit actually use Bitcoin take buy or sell something. In othe word his action na one of the bed/foundation of the Bitcoin Wey we dey use today. So we no go fit compare our engagement with Bitcoin and their own because all of us approach Bitcoin with different perspective. Majority of the current use of Bitcoin na to make profit but those guys been dey try make the world dey interested in Bitcoin, so I respect them.

[ruykeri]

We often use hindsight to assume things about early Bitcoiners that we don't actually know. Today, hearing about a $10,000 BTC pizza seems obviously ridiculous, because we know today's Bitcoin price. But did Laszlo in 2010 know the price in 2026? Absolutely not. And back then, the market value of 10,000 BTC wasn't what it is today. It's not fair to call Laszlo stupid just because he bought a pizza with 10,000 BTC, because at that time, Bitcoin had almost no established market price and that amount was practically used as the exchange rate for pizzas at the time of that transaction. Early investors faced a lot of uncertainty, but the potential upside was also large. Today's investors have a lot more evidence about Bitcoin, the investment thesis is much more established, but that doesn't mean that early holders were confidence less. Those who dared to invest in Bitcoin at that time were more confident than those who are investing in Bitcoin today.

[Hypnotizer]

Honestly, their is more confidence in the present investors than those of the early investors. Initially, when Bitcoin was in it's young age, only few persons invested in bitcoin, and among the few that invested in bitcoin, not all of those few investors believed in Bitcoin which some of them to sell their bitcoin asset very early.

Most of the people that sell off their assets in the early stages of bitcoin didn’t actually invested their money to buy it, they mined it instead. And it is just similar to when Airdrop was booming in the 2021 era, if you were able to mine a new coin and it was listed and you see it has value wouldn’t you sell? You will sell it of course and that is even when we have seen that crypto can grow and yield much profit. Now put yourself in the shoe if the early adopters, bitcoin was a really new thing and you there’s much uncertainty, you got it almost for free, wouldn’t you sell when you see it value rising?

Imagine Laszlo buying just two pizzas for $10000BTC , and this amount of bitcoin is worth millions of dollars today, and some others who sold their bitcoin at early stage just to pay bills. All these things happened because they never expected bitcoin would stand the text of time.

BTC10000 was the worth of those pizzas at that time and exchanges aren’t that much, so using that amount to buy pizza at that time is pretty reasonable, it’s just like you using BTC1 to buy a car in 2026 and bitcoin eventually gets to $1m, the people at that time when it gets to $1m would still look at you like how you are looking at Laszlo at this time and you on the other side got the value for your money.

Today, we are so confident about bitcoin, and we have seen how far bitcoin has gone couple with the increase in price, we now know that Bitcoin is a store of value, and we can create wealth with it, this conviction is the reason why investors today have placed so much trust on Bitcoin which many early investors never had making them to sell good number of their Bitcoin asset for small money, and bill payment.

Looking at the initial reason why bitcoin was created, the early adopters actually used it for it purposes which is transactional but nowadays most people use it as a store of value instead.