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.
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