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Use bitcoin to buy pizza

use bitcoin to buy pizza

It follows the ideas set out in a whitepaper by the mysterious Satoshi Nakamoto, whose true identity has yet to be verified. In all, he estimated that he spent , Bitcoin on a number of items, much of it on pizza. Popular Courses.

Pizza guy helped make bitcoin what it is today

May 22, marks the eight-year anniversary of the first Bitcoin transaction, in which a Florida man paid for two pizzas with the cryptocurrency. Organized on bitcointalk forum, the Florida man reached out for help. You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I’m aiming for is getting food delivered in exchange for bitcoins where I don’t have to order or prepare it myself, kind of like ordering a ‘breakfast platter’ at a hotel or something, they just bring you something to eat and you’re happy! Since the inception of Bitcoin, Hanyeczs’ t have got more and more expensive. Despite the astronomical rise in the price of Bitcoin it seems Hanyecz is not phased about his deal. Initial Coin Offerings. Your Money.

use bitcoin to buy pizza
Hanyecz has shot to fame as a symbol of everything that is confusing about cryptocurrencies. The software engineer was an early investor in Bitcoin and like many early adopters believe that bitcoin would eventually take over the regular currency. And what do you do with regular currency? Buy stuff — so that was exactly what Hanyecz did. S penny. However it gets worse, Hanyecz estimates he probably spent about , BTC on pizza over the years, hence his fame and appropriate nickname. In the interview with Anderson Cooper on 60 Minutes, Hanyecz explains his reasoning behind the pizza buying.

Someone Bought 2 Pizzas With 10,000 Bitcoins In 2010

Two pizzas for $8000

If you liked this article, you may enjoy Future of Finance, a weekly email about the people and ideas that are changing the world of money. Chef Massimo Bottura: The Pavarotti of pasta. Joon Ian Wong Technology Reporter. News Markets News. The lost music of the Holocaust.

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