CryptoPolyTech.com
Crypto, Politics, Tech, Gaming & World News.

Bitcoin Pizza Day Regret Fantasy

 | cutline • press clip • news of the day |

Cryptopolytech Public Press Pass

Title: Bitcoin Pizza Day Regret Fantasy

Originally reported on bitcoinmagazine.com by Jimmy Song

01000000 – $Mo’Money$
•| Economy |•| Business |•| Finance |•| MacroEconomics |•| Crypto |
•| Newser |

Bitcoin Pizza Day Regret Fantasy

Pizza Day is a day of regret.

We all know the story. Laszlo Hanyecz buys two Papa John’s pizzas and some lucky guy got 10,000 BTC on this day 12 years ago. The story is like that of Peter Minuit buying Manhattan Island for $24. We can hardly believe that such a thing was possible given its value today.

The story has a lot of interesting angles. It was the first real-world good or service purchased with bitcoin. It established bitcoin’s price, since the two pizzas cost about $41, one BTC was about $0.0041. There’s also Laszlo, a guy whose innovation was mining bitcoin using GPUs (graphics processing units). He acted like a drunken sailor spending 100,000 BTC on pizzas, as he did the same deal several more times that month. He’s the Santa Claus in our story, giving away lots of goodies.


From an External Source.

Find more, like the above, right here on Cryptopolytech.com by following any of our extensive menus or clicking on the category tags appearing on or near the images. We compile great content FOR YOU in an unbiased manner to promote the growth of knowledge by sharing the ‘news of the day’ on various topics. We hope you enjoyed Bitcoin Pizza Day Regret Fantasy

First to share? If share image does not populate, please close the share box & re-open or reload page to load the image, Thanks!

You might also like