He Paid 10,000 BTC for Pizza, Now It's Worth Over $690M
BTC’s pizza day marks May 22, 2010, when Laszlo Hanyecz paid 10,000 Bitcoins for two Papa John’s pizzas – and this was the first commercial Bitcoin transaction. This Bitcoin history milestone demonstrates extreme Bitcoin price volatility and also cryptocurrency investment risks, showcasing blockchain adoption challenges that continue affecting digital markets right now. Also Read: De-dollarization: Trump’s 10% Tariffs Fuel Fragile US Dollar Future in Asia BTC Pizza Day Celebrates Bitcoin’s Price Volatility and Investment Risks Source: Watcher Guru The Historic BTC Pizza Day Transaction Back in 2010, Laszlo Hanyecz posted on Bitcoin Talk forum seeking someone to buy him pizza in exchange for Bitcoins, and this became legendary. Hanyecz had this to say: “I’ll pay 10,000 bitcoins for a couple of pizzas … like maybe 2 large ones so I have some left over for the next day” Source: BTC Forum Also Read: Ripple Price Prediction: $5K in XRP Could Flip Y...