♣️ Bought Pizza For 10000 Bitcoins

By Ngozi Chukwu May 22, 2023. The pizza Laszlo Hanyecz's bought for $10,000. Today, May 22nd is Bitcoin Pizza Day. All over the world, enthusiasts and supporters of cryptocurrency Bitcoin are organising events, meetups, and sharing stories and memes to commemorate the first documented real-world transaction using Bitcoin. Laszlo Hanyecz paid 10,000 Bitcoin for the 2 Papa John’s pizzas. That amount of BTC is now worth a staggering $170 million at today’s price (January 2023) of roughly $17,000/BTC. Yes, that’s $170,000,000 dollars! As much as Laszlo is admired and considered a folk hero by early adopters and newcomers alike, the industry won’t let him In brief. Laszlo Hanyecz, a Florida man, bought two pizzas with 10,000 Bitcoin in 2010. Those pizzas would be worth $384 million today. Today marks the 11th anniversary of Bitcoin Pizza Day, an annual celebration of Bitcoin and a solemn parable for the virtue of HODLing. The first commercial transaction was by Laszlo Hanyecz, who bought two pizzas for 10,000 bitcoins on May 22, 2010. He inadvertently created the day's commemoration around the world. The 10,000 In May 2010, a Florida programmer named Laszlo Hanyecz offered 10,000 bitcoins in exchange for pizza. A British enthusiast took Hanyecz up on the offer and ordered two pizzas to be delivered from Obviously 10,000 BTC is a lot of money now, but it wasn’t in 2010. In fact, 10,000 bitcoins in 2010 bought you about two pizzas. Bitcoin would have no value if no one ever used it for anything The significance of Bitcoin Pizza Day is not only that it demonstrated the potential of Bitcoin as a medium of exchange, but also that it showed how much Bitcoin has appreciated in value over time. The 10,000 bitcoins that Hanyecz spent on the pizzas are now worth over $200 million at the current market price of around $20,000 per bitcoin. So I guess, technically, my 10,000 Bitcoin bought me more pizza later. People always ask. Yes, I wish I still had 10,000 Bitcoin, but that was a long time ago, and I still was glad to be part of It’s Pizza Time! Today marks the world’s first Bitcoin trade- 2 Large Papa John’s pizzas bought for 10,000 BTC, exactly 12 years ago. On May 22, 2010, a programmer named Laszlo Hanyecz from Florida, US never knew that his craving for pizza would go down in history. What’s even more interesting is that he paid 10,000 BTC, which today is Using an online chat forum, Hanyecz asked if anyone would be willing to buy him pizza in exchange for 10,000 Bitcoin. He found a taker—and got two pizzas out of the deal. The Bitcoin Pizza day is celebrated to mark the first time Bitcoin was used for a real-life transaction. On May 22, 2010, two pizzas were bought for 10,000 bitcoins, at a time when Bitcoin was It’s perhaps bittersweet that the pizza Laszlo Hanyecz bought for 10,000 bitcoins in May 2010 would have been worth $10,000 just nine months after the deal. Today, it would have been worth $294 million at the current $29.400 price of bitcoin at press time. That’s 7.1 million times more than the leading crypto’s price twelve years ago Valued at $41 at the time, current market pricing today gives the purchase a $92.5 million price tag. One might logically wonder what happened to the 10,000 Bitcoin ( BTC) used for the purchase of Nine months after this first pizza order, the price of Bitcoin reached $1, making the total value of the Bitcoins used to purchase the two pizzas reach $10,000. In 2015, the value of the two pizzas, which were bought for $10,000, was approximately $2.4 million. Then, in 2021, the price of Bitcoin reached a record high of $65,000, and the value that’s literally when bitcoins came out… so to speak. there was no online wallet, there was a shoddy app that made no sense, nobody understood it, and it had a value of cents. I myself bought 1,800 bitcoins for $150. I literally spent about 200 or so on a pizza once. o3u8E7L.

bought pizza for 10000 bitcoins