TL;DR
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ICYMI, yesterday was Bitcoin Pizza Day. The day that celebrates Laszlo Hanyecz’s determination to request a pizza (paid for in Bitcoin) on an web discussion board, again in 2010.
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Laszlo paid 10,000 BTC for 2 Papa John’s Pizzas (~$40 USD on the time, a cool $268M at at this time’s costs).
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The transaction itself did two issues: used Bitcoin as a medium of change for an each day buy, in a really public manor.
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Gave a worth anchor to anybody/everybody watching Bitcoin. I.e. gave them a second to level again to and say “that pizza is now value $X in at this time’s cash.”
Full Story
ICYMI, yesterday was Bitcoin Pizza Day.
The day that celebrates Laszlo Hanyecz’s determination to request a pizza (paid for in Bitcoin) on an web discussion board, again in 2010.
Laszlo paid 10,000 BTC for 2 Papa John’s Pizzas.
~$40 USD on the time, a cool $268M at at this time’s costs.
So what is the significance? Are all of us simply piling on Laszlo and reminding him of his misplaced fortune?
Not likely.
Laszlo has stated up to now that he doesn’t regret his decision, which we learn as ‘I had a complete lot greater than 10k BTC saved away. I am doing simply effective, thanks.’
The transaction itself did two issues:
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Used Bitcoin as a medium of change for an each day buy, in a really public manor.
-
Gave a worth anchor to anybody/everybody watching Bitcoin (which made up the whole blockchain trade on the time). I.e. gave them a second to level again to and say “that pizza is now value $X in at this time’s cash” (like we did in the beginning of this text).
In any case, that is all to say:
Completely happy (belated) Bitcoin Pizza Day everybody!
