About 14 years ago, a Florida-based software developer, Laszlo Hanyecz, unwittingly gave the cryptocurrency community a date to cherish, when he paid 10,000 Bitcoins to pay for two Pizzas from Papa John’s.
The historic conversation, preserved safely on a Bitcoin forum, divulges details about the turn of events.
On May 18, 2010, Hanyecz wrote, “I’ll pay 10,000 bitcoins for a couple of pizzas … like maybe 2 large ones so I have some leftover for the next day.”
His call was answered, as just after 4 days, he updated on the forum that he had “successfully” swapped 10,000 Bitcoins for two pizzas.
According to a conversation on the forum, 1 Bitcoin was worth $0.0041 on this historic day, taking the total purchase amount to $41.
We are in 2024 and Bitcoin has evolved from an obscure digital currency back then to one of the most valuable assets in the world, with 1 unit equal to $70,000 as of this writing.
This makes the two pizzas worth nearly $700 million, by far the most expensive ...
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