He told "60 Minutes" why he did it Laszlo Hanyecz made what is believed to be the first real-world transaction involving cryptocurrency. Bitcoin Pizza Index. You may opt-out by.Opinions expressed by Forbes Contributors are their own.I'm a freelance journalist from Nashville who covers Bitcoin, privacy tech, the debt bubble, and things like that.Impact 50: Investors Seeking Profit — And Pushing For Change. They’re not doing this because pizza is delicious. On May 22, 2010, now known as Bitcoin Pizza Day, Laszlo Hanyecz agreed to pay 10,000 Bitcoins for two delivered Papa John's pizzas. They remember him for what his mining activity allowed him to do: purchase pizza with bitcoin.“I'll pay 10,000 bitcoins for a couple of pizzas ... maybe 2 large ones so I have some left over for the next day,” Hanyecz,“If you're interested please let me know and we can work out a deal.”,One other Bitcointalk user, jercos, was interested and agreed: Hanyecz would pay him 10,000 bitcoin and,One user cautioned, perhaps a bit poignantly in hindsight, that 10,000 bitcoin “is quite a lot,” or around $41 on one of Bitcoin’s first (and.As Hanyecz told me a year ago over the phone, the price on some trading forum made little difference to him. I bet he wants to kill himself lol.”.On the contrary, by the looks of last year’s 60 Minutes interview, he’s doing just fine. He told "60 Minutes" why he did it.Nine years ago, computer programmer Laszlo Hanyecz was using his personal computer to help maintain the Bitcoin network. Each year, on May 22, Bitcoin enthusiasts all over the world celebrate "Bitcoin Pizza Day" to mark the event. Pizza Index.
He told "60 Minutes" why he did it I’m just going to be eating free food; I’ll never have to buy food again.’”.While the first transaction was completed on May 22, Hanyecz would go on to do it 9 or so more times and spend a total of 100,000 bitcoin on pizza that summer.
Hanyecz sent the bitcoin to jercos, who then placed the pizza order. Formerly a staff writer at Bitcoin Magazine, my work has appeared in Venture Beat, The Tennessean, and Decrypt.If it wasn't already obvious, I hold bitcoin.© 2020 Forbes Media LLC. The day is now known as “Bitcoin Pizza Day.” With one bitcoin now worth $9,500, this is apparently a joke and Hanyecz’s $45 million pizzas are the punchline.
Since then, Hanyecz has become something of an internet celebrity. By NOWPayments | NOWPayments Crypto Blog | 22 May 2020 $1.81 May 22 is forever and ever one of the tastiest day for Bitcoin, the date that has become legendary for the whole cryptocurrency community. “Maybe eventually pizza shops will have their own Lightning nodes and I can open channels to them directly,” he wrote,By providing your email, you agree to the,News for the next era, not just the next hour.New technology is upending everything in finance, from saving to trading to making payments.
Bitcoin then was worth less than a penny. Bitcoin Pizza Day, May 22nd, commemorates a now famous transaction of 10,000 bitcoins for two pizzas. After all, this was the dude who invented GPU mining; he was eating a meal he paid for with internet currency he generated by idling his home desktop.In his mind, this wasn’t paying for anything; this was a free lunch.“I wanted to do the pizza thing because to me it was free pizza,” Hanyecz explained. This year, just a week after the BTC halving, we celebrate the 10th anniversary of the first payment in bitcoin.
Eight years ago, on May 22, 2010, a programmer purchased two large Papa John’s pizzas for 10,000 bitcoins, worth about $30 at the time.
Even then the recipient of the Bitcoins got himself a bargain, paying $25 for the pizzas, while 10,000 Bitcoins were worth around $41 at the time. Organized … Bitcoin Pizza Day May 22 is forever and ever one of the tastiest day for Bitcoin, the date that has become legendary for the whole cryptocurrency community.
He has to stop in August, though, because the network was getting more popular so he couldn’t “generate thousands of coins a day anymore,” according to a post in the original pizza thread.It wouldn’t take long before Laszlo’s decision would become a point of great intrigue within the Bitcoin community.