Buying a pizza with 10 bitcoin

buying a pizza with 10 bitcoin

I like having left over pizza to nibble on later. 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! Partner Links. Bitcoin Definition Bitcoin is a digital or virtual currency created in that uses peer-to-peer technology to facilitate instant payments. Each year, on May 22, Bitcoin enthusiasts all over the world celebrate «Bitcoin Pizza Day» to mark the event. The transaction had to be finalized over internet relay chat, according to the Bitcoin Wiki.

On May 22, s, a developer bought two pizzas using 10, units of a then-little-known digital currency called bitcoin. Bitcoin is going nuclear. It has since embarked on an epic bull run. The digital currency has come a long way sincewhen the purchase of the two Papa John’s pizzas by Laszlo Hanyecz from another bitcoin enthusiast marked what is believed to be the first «real-world» bitcoin transaction. He posted on the Bitcoin Talk forum on May 22,writing emphasis ours :. I like having left over pizza to nibble on later. 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 buynig 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!

buying a pizza with 10 bitcoin
Today is Bitcoin Pizza Day. Bitcoin was less than two years old when Laszlo Hanyecz decided to spend some of the coins he had mined on some real-world goods. The coins were worth just a fraction of a cent at the time, and no merchant accepted them as a means of payment. So he posted on the main gathering place for bitcoiners at the time, the Bitcointalk forum:. I like having left over pizza to nibble on later.

Today is Bitcoin Pizza Day. Bitcoin was less than two years old when Laszlo Hanyecz decided to spend some of the coins he had mined on some real-world goods. The coins were worth just a fraction of a cent at the time, and no merchant accepted them as a means of payment.

So he posted on the main gathering place for bitcoiners at the time, the Bitcointalk forum:. I like having left over pizza to nibble on later. Hanyecz sent the bitcoin to jercos, who then placed the pizza order. The transaction had to be finalized over internet relay chat, according to the Bitcoin Wiki.

Since then, the price of bitcoin has taken off, and those two pizzas would be worth a lot more at the going rate for 10, bitcoins. How much more? The coins were sent over the Lightning Networka system buying a pizza with 10 bitcoin bitcoiners hope will keep bitcoin transaction fees low. To prove that bitcoin could remain a viable payment system with the addition of the Lightning Network.

Skip to navigation Skip to content. Joon Ian Wong Technology Reporter. 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. Sign me up.

Despite the astronomical bkying in the price of Bitcoin it seems Hanyecz is not phased about his deal. Bitcoin Definition Bitcoin is a digital or virtual currency created in that uses peer-to-peer technology to facilitate instant payments. Bitcoin then was worth less than a penny. Since the inception of Bitcoin, Hanyeczs’ pizzas have got more and bictoin expensive. It follows the ideas set out in a whitepaper by the mysterious Satoshi Nakamoto, whose true identity has yet to be verified.

Comments