If You'd Invested $100 in Bitcoin in 2011, Here's How Much You'd Have Now
The first Bitcoin (CRYPTO: BTC) was mined 13 years ago. For the first three years, it was worth less than a penny. But in 2011, it crossed a major milestone when it achieved parity with the U.S. dollar.
At the time, many people scoffed at Bitcoin and argued it could never be used as a mainstream currency or a long-term investment. But if you had taken the contrarian view and bought a hundred Bitcoins with $100 that year, your investment would be worth a whopping $4.32 million today.
When Bitcoin was created, the idea of using computer chips to mine a digital currency seemed outlandish and absurd. But in practice, it wasn't all that different from using industrial machinery to mine precious metals.
Source Fool.com
