Friday, May 22, 2020

Tenth Anniversary Of The First Bitcoin Transaction.

Today marks the tenth anniversary of the first Bitcoin transaction. Back in 2010, Laszlo Hanyecz, aka ‘Bitcoin Pizza Guy’, bought two Papa John’s pizzas (worth $30) for 10,000 BTC. At the time, that seemed like a bargain, given Bitcoin’s low value. However, fast forward to the present day and one BTC is worth about $9,000.

Photo from 2019 article by Dmitriy Perelstein www.eoswriter.io

 So, approximately $90 million for some posh cheese on toast. Ouch!

That $90 million represents about 18 times the Papa John's chain annual net income.

To celebrate the day, we decided to revisit our 'Homemade Pizza Day' that was so successful last week.

CLICK HERE to read more about this momentous day.
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