Laszlo Hanyecz completed one of the earliest Bitcoin commercial transactions on May 22, 2010 by exchanging 10,000 BTC for two pizzas. The offer was posted earlier on May 18, 2010, specifying a preference for delivered food in exchange for bitcoins. The bitcoins were worth about $41 at the time, but the same amount of BTC is now valued at over $770 million. Hanyecz has spent more than 100,000 BTC overall and has expressed no regrets about the 2010 trade. The transaction remains widely celebrated as a milestone showing Bitcoin’s early real-world use, even as the ecosystem has evolved.
"I'll pay 10,000 bitcoins for a couple of pizzas.. like maybe 2 large ones so I have some left over for the next day. I like having left over pizza to nibble on later. You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I'm aiming for is getting food delivered in exchange for bitcoins where I don't have to order or prepare it myself, kind of like ordering a breakfast platter' at a hotel or something, they just bring you something to eat and you're happy!"
"Laszlo Hanyecz made the first commercial Bitcoin transaction on May 22, 2010, buying 2 pizzas for 10,000 BTC. Valued at $41 then, those 10,000 BTC are now worth over $770 million, proving massive Bitcoin market growth. Having spent over 100,000 BTC, Hanyecz has no regrets; his 2010 trade will next inspire future BTC users."
"While the bitcoin ecosystem has changed quite a bit since 2010, a certain milestone transaction involving 10,000 BTC and two pizzas keeps being celebrated even after 16 years. On May 18, 2010, Laszlo Hanyecz, an early contributor of the legendary Bitcoin Talk forums, posted an offer to complete the first registered commercial transactions ever involving BTC and pizza."
"While Hanyecz was suggested to exchange these bitcoins for their worth $41 at that time, but over $770 million now- and purchase the pizzas by himself, he declined. At last, another forum participant, Jeremy Sturdivant, fulfilled his request on May 22, 2010, and the transaction became legend."
#bitcoin #early-crypto-adoption #bitcoin-pizza-transaction #cryptocurrency-market-growth #bitcoin-talk-forums
Read at news.bitcoin.com
Unable to calculate read time
Collection
[
|
...
]