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Two Pizzas – $268M = Bitcoin Pizza Day

May 23, 2023
in Web3
Reading Time: 2 mins read
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TL;DR

ICYMI, yesterday was Bitcoin Pizza Day. The day that celebrates Laszlo Hanyecz’s choice to request a pizza (paid for in Bitcoin) on an web discussion board, again in 2010.

Laszlo paid 10,000 BTC for 2 Papa John’s Pizzas (~$40 USD on the time, a cool $268M at in the present day’s costs).

The transaction itself did two issues: used Bitcoin as a medium of change for an day by day buy, in a really public manor.

Gave a worth anchor to anybody/everybody watching Bitcoin. I.e. gave them a second to level again to and say “that pizza is now value $X in in the present day’s cash.”

Full Story

ICYMI, yesterday was Bitcoin Pizza Day.

The day that celebrates Laszlo Hanyecz’s choice to request a pizza (paid for in Bitcoin) on an web discussion board, again in 2010.

Laszlo paid 10,000 BTC for 2 Papa John’s Pizzas.

~$40 USD on the time, a cool $268M at in the present day’s costs.

So what is the significance? Are all of us simply piling on Laszlo and reminding him of his misplaced fortune?

Not likely.

Laszlo has mentioned prior to now that he does not remorse his choice, which we learn as ‘I had an entire lot greater than 10k BTC saved away. I am doing simply tremendous, thanks.’

The transaction itself did two issues:

Used Bitcoin as a medium of change for an day by day buy, in a really public manor.

Gave a worth anchor to anybody/everybody watching Bitcoin (which made up all the  blockchain  trade on the time). I.e. gave them a second to level again to and say “that pizza is now value $X in in the present day’s cash” (like we did initially of this text).

In any case, that is all to say:

Joyful (belated) Bitcoin Pizza Day everybody!

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Tags: 268MBitcoinDayPizzaPizzas
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