Papa John's pizza bitcoin day May 22
On this day May 22, 2010, a computer programmer named Laszlo Hanyecz
is said to have paid for the most expensive pizza worth 10,000 BTC valued at over $600 million today, haha wouldn't have dared it today if he knew what 1 BTC would be worth, history was made and will long be remembered for centuries, Mr. Laszlo can still brag to the first human on earth to eat the most expensive meal using a decentralized monetary system.
Trade by barter system
Bitcoin transaction could only be done through some internet forum, more or less a trade by barter means of exchange where you have to offer something bigger to your customer to agree on making deal with you, just like the stone era where Mr A needs meat, he needs to look for someone who would love to give out meat in exchange of what he has to offer, bitcoin went through digital stone age era as well fascinating, I guess as Laszlo Hanyecz was craving for pizza and had thousands unit of BCT which are just sitting ideal on his wallet the best option was to offer handful of it to someone who might need It probably in the future.
It appears a 19-year-old pizza delivery boy Jeremy Sturdivant was the only the available option who wanted to trade his goods for 10,000 unit of decentralized digital money that has little or no use case back them little did the delivery boy know about the future of digital money he did probably accepted the offer just for no reason not sure back in 2010 I had idea what Bitcoin was, would have turn down Laszlo Hanyecz offer back then so help me God hahaha.
Final thought
Today marks a remarkable day for crypto enthusiasts as it marks the first bitcoin transaction with a real-life use case before then there was no medium for exchanging bitcoin this birthed opportunity for centralized, and more p2p means of exchanging bitcoin this day will always be remembered in history.
Wow... 10,000 BTC for a pizza, no doubt it will remain a memorable event, if they were the only BTC of that gentleman I think he must have regretted a long time later hahaha. But it certainly marks a milestone in the history of cryptocurrencies as the first BTC transaction, something that may soon be very common.
Sure this will be long history to be remembered always in the crypto verse am sure he never had idea what BTC will be valued today life is unpredictable.
greetings @mccoy02
I am sure that in a very near future this kind of transactions will be more common and crypto payments will be very easy and fast, besides the security they already have.
Thank you very much for sharing your post
Crypto have kept improving with much better and fast means of completing transactions bitcoin lighting network is super fast with good security thanks for your time.
Hello, that is something that can continue to happen in the future, that is to say, it may be that we pay for some input with cryptocurrency, and as the years go by that moment we paid in the past will be a lot of money in the future.
Greetings and thanks for your contribution.
Sure crypto investment are very promising if we can think long-term thanks for sharing with me.
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10,000 BTC for a pizza...$600 million for a pizza
I wonder what Laszlo Hanyecz's kids say to their dad at dinner every time they remember the incident. LOL
Sure it will be a memorable moment to be always remembered.
Oh, it's that time of the year again? Thanks for reminding us about it, gladly we have cryptocurrency evolving greatly over time, I really wonder how Laszlo's family will feel at the news of the current price pf 1BTC.
Lol 😆 i guess he would feel he wish he did no sell those BTC anyways he's a legend now.
buddy by today price there is so much more one could do with 10000 btc so I rather hodl
30% tax for purchasing pizza using btc sounds totally off.