Bitcoin maximalists often use the infamous 10,000 BTC mistake to extoll the virtues of “hodling” the supply-capped asset.
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Pizza News
The Bitcoin pizza story is one of the most famous cryptocurrency anecdotes. On May 22, 2010, Laszlo Hanyecz made first documented Bitcoin purchase. On May 18th, he stated on Bitcointalk forum that he is willing to buy two pizzas for 10,000 Bitcoin. It is estimated that this was around $41 at the time. After some time, these pizzas became much more valuable, as 10,000 Bitcoin currently is valued near $63 million. Bitcoin pizza story became a part of folklore, and May 22 is known as Bitcoin Pizza Day. Hanyecz stated that he is not upset about this event and that trading Bitcoin for some food was great idea at the time. The 10,000 Bitcoin pizza purchase is now reflected in the Bitcoin Pizza Index, which monitors the current value of 10,000 Bitcoin on the market. The Bitcoin Pizza Index shows the daily updated price in U.S. dollars, euro, silver and gold.
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Join the cheesy celebration and learn how Bitcoin Pizza Day shaped the adoption of cryptocurrencies.
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Redditors wondered where the 10,000 BTC went, with some speculating it was sold when the price surged, while others suggested the keys may have been lost.
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The first known crypto transaction was 10,000 BTC for two pizzas. Thirteen years on, its ingredients alone equate to millions of dollars worth of Bitcoin.
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Paolo Ardoino, chief technology officer of Bitfinex and Tether, made the case that Tether is a tool for human rights during the World Economic Forum in Davos, Switzerland.
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In recognition of Bitcoin Pizza Day, the first-ever real-world transaction using Bitcoin, Cointelegraph speaks with the crypto community about their historic BTC purchases.
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Twelve years to the day of the world's first Bitcoin pizza purchase, the celebrations still continue for what has become a slice of crypto culture.
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On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss which DAO has the most potential in 2022.
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Any employee who earns more than minimum wage will have the option for the excess salary to be paid in crypto.
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A guy who loves Domino's is launching a pizza brand based on a Papa John's event that doesn't accept the crypto he espouses.
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Users of cryptocurrency exchange Luno can claim $14 in BTC rewards before Sunday.
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"I let the pizza guy choose between $5 in fiat or BTC. Needless to say, he chose wisely," said the Redditor.
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Fast food chains like Burger King and Church's Chicken already accept crypto payments in the South American nation.
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Early Bitcoin developer Laszlo Hanyecz sheds light on a burning question: which operating system did Satoshi Nakamoto use to create Bitcoin?
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The ‘pizza guy’ spent billion dollars on pizza and gave away another billion dollars, yet he has no regrets about squandering his 100k Bitcoin fortune.
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