Molly Hill provides an analysis of Bitcoin's initial valuation, reflecting on its launch and historical price movements as of Wednesday, January 21, 2026 at 08:35 PM. When Bitcoin was first introduced in 2009, its value was essentially negligible, with the first recorded price being determined in 2010. On May 22, 2010, a programmer famously purchased two pizzas for 10,000 bitcoins,…





