Two Pizzas – $268M = Bitcoin Pizza Day

TL;DR

• ICYMI, yesterday was Bitcoin Pizza Day. The day that celebrates Laszlo Hanyecz’s resolution 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 present’s costs).

• The transaction itself did two issues: used Bitcoin as a medium of trade for an day-after-day buy, in a really public manor.

• 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 present’s cash.”

Full Story

ICYMI, yesterday was Bitcoin Pizza Day.

The day that celebrates Laszlo Hanyecz’s resolution 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 present’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 mentioned up to now that he doesn’t regret his decision, which we learn as ‘I had an entire lot greater than 10k BTC saved away. I am doing simply fantastic, thanks.’

The transaction itself did two issues:

1. Used Bitcoin as a medium of trade for an day-after-day buy, in a really public manor.

2. Gave a worth anchor to anybody/everybody watching Bitcoin (which made up your complete  blockchain  business on the time). I.e. gave them a second to level again to and say “that pizza is now value $X in at present’s cash” (like we did at first of this text).

In any case, that is all to say:

Completely happy (belated) Bitcoin Pizza Day everybody!