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.
Read moreWhat did Papa Johns do with 10000 Bitcoin?
Papa John’s is giving away 10,000 slices of pizza to commemorate the 10,000 bitcoins paid for two by Laszlo Hanyecz back in 2010. Justin Falciola, SVP, chief insights & technology officer, told Insider about the thinking behind the strategy.
Read moreWho started and owns Bitcoin?
On Oct. 31, 2008, Satoshi Nakamoto sent a nine-page paper to a group of cryptographers outlining a new form of “electronic cash” called bitcoin.
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.
Read moreWho bought the 1st Bitcoin?
The receiver of the first bitcoin transaction was Hal Finney , who had created the first reusable proof-of-work system (RPoW) in 2004. Finney downloaded the bitcoin software on its release date, and on 12 January 2009 received ten bitcoins from Nakamoto.
Read moreWho is Laszlo hanyecz?
Laszlo Hanyecz is a computer programmer from the state of Florida in the United States . With the massive growth in the value of cryptocurrencies across the world, the 10,000 Bitcoins that he spent on pizzas in 2010 are worth approximately $306 million in 2021.
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