On May 22, 2010, a developer bought two pizzas using 10,000 units of a then-little-known digital currency called bitcoin. Today, 10,000 bitcoins are worth more than $20 million (£15.4 million

With pizza and Bitcoin being a perfect combination, this article will explore the origin and significance of Bitcoin Pizza Day. BTC Pizza Day Origin. Laszlo Hanyecz, a pioneer cryptocurrency user, paid 10,000 bitcoins ($267 million, as of today) for two pizzas on May 22, 2010. This transaction marked the first use of bitcoin in purchasing goods.
There is even a plaque commemorating the purchase at the Papa John’s in Jacksonville, Florida, that reads, “ Papa John’s. Makers of the famous Bitcoin Pizzas. May 22, 2010. Source. To say

Finally, on May 22, Laszlo updated the thread to say he had “successfully traded 10,000 bitcoins for pizza” and posted some pictures of his meal, thanking someone called Jercos who had bought

3 days ago · The significant price increase in bitcoin over time can make seemingly small purchases turn into substantial investments. For example, a $20 pizza bought with bitcoin at the beginning of 2023 would be worth over $50 at current prices. This brings to mind the famous story of the two large pizzas bought with 10,000 bitcoin, now valued at $44 million.
Laszlo Hanyecz bought two Papa John pizzas worth $30 for 10,000 BTC in 2010. Laszlo Hanyecz had no idea that he was about to hand over millions of dollars for just two Papa John pizzas ten years ago. The computer programmer, who had just started using his laptop to run the Bitcoin network, a peer-to-peer electronic cash system launched in 2009
For crypto enthusiasts, it marks eight years exactly since 10,000 bitcoin (BTC) was used to buy two pizzas. At the time, it was worth the equivalent of $41. Now, the same amount is worth over $83
Bitcoin NFTs and block size progression: Dune Analytics. Also, the Taproot upgrade that surfaced in late 2021 is the tech that actually allows users to tag the Satoshis by facilitating inscription. Therefore, while the SegWit opens the doors for Bitcoin NFTs with larger block sizes, the ability to inscribe data was handed over by Taproot. One of those investors was Laszlo Hanyecz, otherwise known as, “Bitcoin pizza guy.”. In 2010, Hanyecz bought two Papa John's pizzas for 10,000 BTC. At the time, one Bitcoin wasn't even worth a

May 22 Is Bitcoin Pizza Day Thanks To These Two Pizzas Worth $5 Million Today . Julie Bort. 2014-05-22T00:26:05Z Laszlo Hanyecz bought these pizzas for 10,000 bitcoins on May 22, 2010.

This Bitcoin 'Pizza Index' graphic reveals what each individual topping is worth. However, little did he know that when he spent 10,000 Bitcoin on two pizzas it would one day leave him hundreds of millions out of pocket. He had no clue that 11 years on the coins - worth around £30 at the time - would today be worth a staggering £257,869,013. .
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    • bought pizza for 10000 bitcoins