8 years ago from today, two Papa John's pizzas were purchased for 10,000 BTC! At today's prices this cost $84 million dollars. That's some expensive pizza!
Laszlo Hanyecz is the first man to purchase something edible with Bitcoin. Some may thinj he is an idiot who should have HODLed. Others view him as a hero who paved the way for Bitcoin to become what it is today.
One thing we know for sure is that this historic purchase helps illustrate the wild ride the BTC price has endured over the years. Here's a chart from an article on cointelegraph.com that shows how much a pizza would cost each year in BTC.
Source: cointelegraph.com
It's great to see how far BTC has come throughout the years. It's fun to look back 8 years and even more fun to imagine what things will look like in another 8 years. We are still very early in this crypto revolution. Steemit is still in its infancy. Perhaps someday we will buy our pizzas with Steem.
Thanks for reading! Enjoy Bitcoin Pizza Day!
Yea that was still silly. For pizza 🍕 of all goods. 🍨 ice cream would have made a better story
Wow, I remember thinking the pizza guy was crazy back then but now I think he is a genius haha
It's a fine line between crazy and genius.
2 pizzas for 10,000Btc holy shit does that seem insane!!
That’s an interesting way to look at price history!
That's it....I'm ordering pizza tonight! ;-)
This is a great news!!! This is investment!!
Happy pizza day!
I think it's all those cryptos are still in they infancy, bitcoin is the eldest of them. 8 years just like yesterday
Thanks so much for the information
Why you gotta remind me that I should have jumped on this sooner....lol
wow just can't imagine for that person who have paid too much for the bitcoin
Really a very expensive pizza, hopefully we can buy pizza with steem as we all hope..
Thanks @themightyvolcano
Who bought Papa John's pizzas by 5000 Bitcoin, will hate this food forever :)