Guy buying pizza with bitcoin

guy buying pizza with bitcoin

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Suppose a technology company with bought you about two pizzas. Without Bitcoin Pizza Day, perhaps because it is viewed as the first use of bitcoin in a commercial transaction with digital cash as a medium of exchange and bitcoin would still be floating around as valueless, magic internet money for nerds in concept alone. So could have that hot the full newsletter here. This exchange is widely celebrated no one would have stepped up to use what Bitcoin's creator Satoshi Nakamoto called peer-to-peer bitcoin as the medium of exchange.

Instead he just got two pizzas. Bitcoin would have no value if no one ever used it for anything, hence why Bitcoin Pizza Day is so important. With their transaction, part of the foundation for bitcoin having real monetary value was established, to which all bitcoiners should be grateful. PARAGRAPHHappy Bitcoin Pizza Day.

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Meet the man who spent millions worth of bitcoin on pizza
Bitcoin Pizza Day: On May 22, , Laszlo Hanyecz made history by using Bitcoin to buy pizza, marking a pivotal moment for cryptocurrency. Hanyecz announced on the open.bitcoinscene.org forum on May 18, , that he planned to use Bitcoin to buy pizza, preferably two large pies. He was. On May 22, Laszlo Hanyecz paid Jeremy Sturdivant 10, bitcoins (BTC) for two Papa John's pizzas which were delivered to Hanyecz's home.
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  • guy buying pizza with bitcoin
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All News Articles Video Podcasts. Mark DeCambre. Investopedia does not include all offers available in the marketplace. Reflecting on the historic transaction, Hanyecz shared in a interview with CBS that he believed it made Bitcoin "real for some people. So thank you to these pizza pioneers, Laszlo Hanyecz and Jeremy Sturdivant, for kicking off the bitcoin economy.