In fact, 10,000 bitcoins in 2010 bought you about two pizzas. Bitcoin would have no value if no one ever used it for anything, hence why Bitcoin Pizza Day is so important.
At that time, 10,000 BTC was just $30, so it seemed like a fair deal to both parties. However, today, with Bitcoin price currently at $9,100, 10,000 BTC is worth more than $91 million, which is over 300,000,000% growth in the last ten years, a shockingly unbelievable feat. No wonder Bitcoin was dubbed the best performing asset of the last decade.
Even with over ninety-billion-dollar worth of bitcoins at stake. The pizza deal with Jeremy Sturdivant two pay for two Papa John (one of the most reputable pizza makers out there) pizzas with 10,000 Bitcoins represents the first real life exchange using bitcoin. Unarguably one of the most important events in the history of bitcoin.
It was on May 22 that he reported successfully trading 10,000 BTC for two pizzas, with jercos ordering the pizza and receiving the coins. The bitcoins were quoted at $41 at the time of the offer. Pizza Index. The Pizza Index is the value of the bitcoins spent on the pizzas, were they to be sold rather than spent on pizza. Activity: 434. Merit: 250. 100%. Re: Dumbass who bought a pizza for 10k bitcoins. September 17, 2012, 02:13:51 AM. #43. OP failed to make a simple assumption: Assuming Laszlo had 50k in BTC or more (which isn't unlikely) that sale gave the rest of his balance its current value. If you spend 10 BTC today, how smart would the person ten years
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Bitcoin's surge beyond $60,000 means the famed programmer Laszlo Hanyecz effectively paid $613 million for 2 pizzas. Bitcoin hit a record price of $60,000. Bitcoin hit an all-time high, with
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bought pizza for 10000 bitcoins