15 Years Since 10,000 BTC Bought Two Pizzas And Changed Everything

15 Years Since 10,000 BTC Bought Two Pizzas And Changed Everything
Jenna Montgomery

On May 22, 2010, Bitcoin became more than just an idea – it became real money. Laszlo Hanyecz, developer and early contributor at Bitcoin base, to publish Unofficial offer: “I will pay 10,000 pizza currencies for a few pizza.” After five days, one of them took it. Two Baba John Pizza. A screenshot was published. Bitcoin entered the real world.

The value of 10,000 Bitcoin, which is worth about $ 41 at the time, is more than $ 1.1 billion. With Bitcoin reaching the highest new level ever at $ 111,999 on the fifteenth anniversary of the treatment, the “Bitcoin Pizza” story bears more weight than ever.

It was not only about pizza. This was the moment when Bitcoin proved itself as a currency working. Until then, he often lived in theory and symbol – which was identified by encrypted and mining by amateurs. Hanycz has turned the follower of that, the idea to work. “This deal made bitcoin real in my eyes”, ” He said in the 2019 interview. “It wasn’t worth much at the time. I didn’t spend $ 100 million on pizza, right? But if I don’t do it, Bitcoin may not have been very common.”

Over the course of the summer of 2010, Hanycz continued to use Bitcoin to buy pizza, eventually spending more than 79000 BTC – now at a value of about $ 8.7 billion. Although some have joked at his expense, the truth is: without those transactions in the early real world, Bitcoin may not have proven the state of its use. Help Hanycz Transfer Bitcoin from margin to jobs.

This legacy still forms us today. Bitcoin’s Pizza Day has become a cultural landmark in the world of encryption, with meetings, pizza parties, and educational events held all over the world every May 22. Today, it works as a reminder of the extent of technology – and the importance of daily procedures.

Just this week, Shake Steak ‘N Shake started accepting Bitcoin via Lightning, indicating an increasing wave of prevailing adoption. I never felt experimental day became part of the daily trade.

Bitcoin’s pizza day revolves around confession. One of the simple transactions has proven that Bitcoin can work – after 15 years, the world still builds on that first bite.

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