When Bitcoin was first created in 2009, its creator, Satoshi Nakamoto, mined the first block of the cryptocurrency. In the block, he included a reference to a newspaper headline from that day about the UK’s first ever Bitcoin purchase. The headline read, “Bitcoin: £1,000 traded in first 10 minutes.” The article went on to say […]
What Was The First Item Ever Purchased Using Bitcoin
On May 22nd, 2010, a programmer named Laszlo Hanyecz offered to pay 10,000 bitcoins for a pizza. At the time, 10,000 bitcoins were worth about $40, so Hanyecz essentially paid $40 for a pizza. This was the first time anyone had ever used bitcoins to purchase something. Bitcoins have come a long way since Hanyecz […]
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When Is Bitcoin Pizza Day
When Is Bitcoin Pizza Day? This year, Bitcoin Pizza Day falls on May 22. What is Bitcoin Pizza Day? Bitcoin Pizza Day is a celebration of the first time someone purchased something with Bitcoin. On May 22, 2010, Laszlo Hanyecz bought two pizzas from a Papa John’s for 10,000 Bitcoin. Why is Bitcoin Pizza Day […]
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Guy Who Bought Pizza With Bitcoin
In May 2010, a guy by the name of Laszlo Hanyecz paid 10,000 bitcoins for two pizzas. At the time, that was worth about $25. If he were to do that today, those 10,000 bitcoins would be worth about $2.5 million. Hanyecz has since said that he regrets doing that, as he could have held […]
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