Happy Bitcoin Pizza Day!

in #bitcoin6 years ago

8 years ago from today, two Papa John's pizzas were purchased for 10,000 BTC! At today's prices this cost $84 million dollars. That's some expensive pizza!

Laszlo Hanyecz is the first man to purchase something edible with Bitcoin. Some may thinj he is an idiot who should have HODLed. Others view him as a hero who paved the way for Bitcoin to become what it is today.

One thing we know for sure is that this historic purchase helps illustrate the wild ride the BTC price has endured over the years. Here's a chart from an article on cointelegraph.com that shows how much a pizza would cost each year in BTC.

IMG_2590.PNG
Source: cointelegraph.com

It's great to see how far BTC has come throughout the years. It's fun to look back 8 years and even more fun to imagine what things will look like in another 8 years. We are still very early in this crypto revolution. Steemit is still in its infancy. Perhaps someday we will buy our pizzas with Steem.

Thanks for reading! Enjoy Bitcoin Pizza Day!

Sort:  

Yea that was still silly. For pizza 🍕 of all goods. 🍨 ice cream would have made a better story

Wow, I remember thinking the pizza guy was crazy back then but now I think he is a genius haha

It's a fine line between crazy and genius.

2 pizzas for 10,000Btc holy shit does that seem insane!!

That’s an interesting way to look at price history!

That's it....I'm ordering pizza tonight! ;-)

I think it's all those cryptos are still in they infancy, bitcoin is the eldest of them. 8 years just like yesterday

Thanks so much for the information

Happy pizza day!

Why you gotta remind me that I should have jumped on this sooner....lol

wow just can't imagine for that person who have paid too much for the bitcoin

This is a great news!!! This is investment!!

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.034
BTC 64231.88
ETH 3128.59
USDT 1.00
SBD 3.95