# Bitcoin Did What Everyone Said It Couldn’t

## Metadata
- Author: [[Molly Liebergall]]
- Full Title: Bitcoin Did What Everyone Said It Couldn’t
- Category: #articles
- Summary: Bitcoin recently reached $100,000 for the first time, surprising many skeptics. This surge is partly due to the launch of bitcoin ETFs, allowing more investors to participate. With a pro-crypto administration expected, optimism for bitcoin's future continues to grow.
- URL: https://www.morningbrew.com/stories/2024/12/06/bitcoin-crossed-100k?utm_source=&utm_medium=syndication&utm_campaign=feed
## Highlights
- A programmer who paid for two Papa John’s pizzas with 10,000 BTC shortly after the currency launched in 2009 would be sitting on $1 billion—enough to buy almost two-thirds of Papa John’s International—if he held onto it, according to Axios. ([View Highlight](https://read.readwise.io/read/01jemjnbcq9cammr9j685syzyh))
- President-elect Donald Trump’s November victory turbocharged bitcoin’s growth—it jumped more than 40% in the four weeks after election day as cryptoheads celebrated Trump’s newfound enthusiasm for digital currency. ([View Highlight](https://read.readwise.io/read/01jemp1y9qtkx4mpbfcd5gkqj7))