Bitcoin is going nuclear.
3 min read
This article has been translated from our English edition.
Originally posted on Business Insider
On May 22, 2010, a developer bought two pizzas containing 10,000 units of a then little-known digital currency called Bitcoin.
Today 10,000 bitcoins are worth more than $ 466 million.
Bitcoin is going nuclear. The price skyrockets and each bitcoin is worth $ 47,639.
The digital currency has come a long way since 2010 when Laszlo Hanyecz marked what is believed to be the first “real world” Bitcoin transaction by purchasing the two Papa John pizzas from another Bitcoin enthusiast.
He wrote on the Bitcoin Talk forum on May 22, 2010:
“I’m paying 10,000 bitcoins for some big pizzas, so I have a few slices left for the next day. I like that I have some pizza left to nibble on later. You can make the pizza yourself and bring it to my house or order it for me at a delivery location, but I want them to give me food in exchange for bitcoins where I don’t have to ask for it or make it myself, bring something like ordering a “breakfast plate” at a hotel or something give you something to eat and you are happy!
I like things like onions, peppers, sausage, mushrooms, tomatoes, peppers, etc., only standard material, no strange fish ingredients or the like. I also like regular cheese pizzas which can be cheaper to prepare or buy.
If you are interested please let me know and we can work out a deal. “
So ten thousand coins were worth about $ 40. A UK user agreed to buy the pizza from him and even then the buyer got a good deal – the person only paid $ 25 for the two pizzas.
The date is marked annually as “Bitcoin Pizza Day” by Bitcoin users.
The bitcoin pizza is worth $ 192,459,500 today. (+ 2% from yesterday)
– Bitcoin Pizza (@bitcoin_pizza) December 6, 2020
Today 10,000 bitcoins amount to around $ 466 million.
“It wasn’t that bitcoins had any value back then, so the idea of trading them in for a pizza was incredibly cool,” Hanyecz said The New York Times 2013. “Nobody knew it was going to be that big.”
Bitcoin is on an epic bull run, reaching an all-time high.
You can find the current Bitcoin price here.