Programmer Laszlo Hanyecz made history when he made the first “real world” purchase with Bitcoin more than a decade ago. However, little did he know when he spent 10,000 Bitcoin on two Papa John’s pies it would also secure him a place in the crypto currency hall of fame.
Read moreWho created Bitcoin?
Satoshi NakamotoNationalityJapanese (claimed)Known forInventing bitcoin, implementing the first blockchainScientific careerFieldsDigital currencies, computer science, cryptographySatoshi Nakamoto – Wikipedia en.wikipedia.org › wiki › Satoshi_Nakamoto
Read moreWho received the 10000 Bitcoin for pizza?
About 11 years ago on May 22, Laszlo Hanyecz , one of the early adopters of the newfangled cryptocurrency that had just been coded into existence, purchased a pair of Papa Johns pizza pies using 10,000 bitcoins.22 May 2021
Read moreHow much is the Bitcoin pizza worth now?
The two pizzas currently total a value of $372 million . Making it the most expensive pizza purchase in history. At the time of purchase, Hanyecz’s 10,000 BTC was worth a meagre $40. Hanyecz reached out to the Bitcointalk community to see if anyone would be willing to transact the bitcoin for pizza.22 May 2021
Read moreIs Bitcoin pizza guy rich?
A US-based man who sold pizzas for Bitcoins now worth more than $365 million recently admitted that he blew his earnings. Back in 2010, the then 19-year-old California student, Jeremy Sturdivant, had noticed a request on a cryptocurrency internet forum – ‘Bitcoin Talk’.
Read moreWho is Jeremy Sturdivant?
Jeremy Sturdivant, aged 19 at the time, regrets that he didn’t see the potential in crypto . Sturdivant’s story is being retold as part of Bitcoin Pizza Day, which is celebrated annually on May 22 to recognise the first time someone used Bitcoin to make a physical purchase.25 May 2021
Read moreHow did Laszlo hanyecz get Bitcoin?
But Bitcoin wasn’t yet an acceptable currency in the market. So, how did Laszlo Hanyecz trade his coins? In 2010, Laszlo Hanyecz spent 10,000 Bitcoins at a local pizza restaurant called Papa John’s to buy himself two pizzas . Back then his Bitcoins were worth only $40.
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