Pizza Buy The Guy
Hanyecz has been interviewed many times and his pizza purchase has come to be reflected upon as one of the key moments in the evolution of bitcoin and the decentralized, distributed-ledger technology that would ultimately buttress a crypto market that was worth about $2.5 trillion at its peak. The value of crypto tracked by CoinMarketCap.com is valued at $1.56 trillion as of Saturday afternoon, with bitcoin representing 45% of that value and the No. 2 most popular crypto, Ether on the Ethereum blockchain ETHUSD, +0.42%, making up 18% of that total crypto market value.
pizza buy the guy
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Bitcoin Pizza Day marks the day on which an early Bitcoin enthusiast purchased pizza using Bitcoin on May 22nd, 2010. The guy who bought pizza with Bitcoin was a programmer and early miner named Laszlo Hanyecz.
At the time, 10,000 Bitcoin was worth $41. Compared to its all-time-high, those 10,000 Bitcoin would be valued at $690,000,000! Despite this, Hanyecz has no regrets about using his cryptocurrency to buy pizza. Buying pizza with Bitcoin made crypto real for him when it was barely known outside of the crypto community.
The BitPay Card can be used at any pizza shop that accepts Mastercard. The only difference between the crypto debit card and a regular debit card is that instead of pulling from a bank account, you load the BitPay Card from your crypto wallet.
Hanyecz is known as the first person to use bitcoin in a commercial transaction. On May 22, 2010, when bitcoin was a little over a year old, he bought two pizzas for 10,000 BTC. The day is now known as "Bitcoin Pizza Day." With one bitcoin now worth $9,500, this is apparently a joke and Hanyecz's $45 million pizzas are the punchline.
The volatility that makes bitcoin attractive to investors also makes it difficult to use as money, or "electronic cash," as the Bitcoin white paper specifies. Hanyecz's solid-gold pizzas show us that if CoinDesk paid me in bitcoin, one of us would likely get rekt.
As widely known and held as bitcoin may be, it's still an experiment. With hedge fund household names placing long-term bets on its viability as "digital gold," that narrative seems set in stone. In fact, it's malleable, like the metal. Ten years from now, it may seem as absurd as a $45 million pizza.
Hanyecz is known as the first person to use bitcoin in a commercial transaction. On May 22, 2010, when bitcoin was a little over a year old, he bought two pizzas for 10,000 BTC. The day is now known as \"Bitcoin Pizza Day.\" With one bitcoin now worth $9,500, this is apparently a joke and Hanyecz's $45 million pizzas are the punchline.
The volatility that makes bitcoin attractive to investors also makes it difficult to use as money, or \"electronic cash,\" as the Bitcoin white paper specifies. Hanyecz's solid-gold pizzas show us that if CoinDesk paid me in bitcoin, one of us would likely get rekt.
As widely known and held as bitcoin may be, it's still an experiment. With hedge fund household names placing long-term bets on its viability as \"digital gold,\" that narrative seems set in stone. In fact, it's malleable, like the metal. Ten years from now, it may seem as absurd as a $45 million pizza.
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In the unlikely case that you haven't already binge-watched volume one of "Stranger Things" season four, you can officially do so with a slice of Surfer Boy pizza in hand. Yep, this is not a drill: Netflix teamed up with Walmart to create frozen pizza inspired by Argyle's local pizza-place gig. Fans and curious foodies have four topping options to choose from: Pepperoni, Supreme, Meat Lovers, or Pineapple Jalapeño, all of which come in red-and-white branded boxes that look identical to what we see on the small screen.
Can't decide which one to buy for dinner (or breakfast, we don't judge)? Fear not, you can even purchase all four pies in a variety pack so that you can taste them all or maybe even host a "Stranger Things"-inspired pizza party with friends. Those who want to take their obsession to the next level can even consider dressing like the cast courtesy of the epic "Stranger Things" x Quiksilver collab. What's more, you can scoop up Argyle's exact Surfer Boy T-Shirt ($36) to snack in style. How's that for a perfect pairing?
The Netflix "Stranger Things" Surfer Boy Supreme Frozen Pizza (SOLD OUT) is so popular, it has a perfect five-star rating. "My daughter are switching to this pizza for our Friday night pizza night," writes one of several rave reviewers. "It's unbelievably delicious." You can look forward to sausage, pepperoni, green peppers, red onions, black olives, mushrooms, mozzarella, and tomato sauce.
If you're a pineapple pizza enthusiast, you need to try the Netflix "Stranger Things" Surfer Boy Pineapple Jalapeño (SOLD OUT) flavor. One shopper goes as far to say it's "hands down the best frozen pizza there is."
On Tuesday night, feeling a little tipsy after a work shindig, generous Daniel had an urge to buy pizza for someone in the US. To source a recipient for his gratis pie, the marketing officer turned to that smorgasboard of pizza-obsessed internet strangers: Reddit.
The post received a number of responses (guys living in their parents' respective basements really like free pizza, who knew?) but the problem came when he attempted to pay for the pizza. Turns out the Papa John's online ordering system isn't really geared up for transatlantic pizza delivery, so Daniel turned to Bitcoin. He purchased two of the digital coins, not realising that they would cost him 350 ($550).
While most of us would want to forget the whole escapade in the cold light of day with a pile of cheese toasties, Daniel repeated the stunt last night, using the remainder of his Bitcoin stash to give away yet more pizza. I called him to ask find out why the fuck.
MUNCHIES: Hi Daniel, so how did you end up buying pizzas for total strangers? Daniel Sobey-Harker: It started out as a flippant comment to one guy. I'm working for a new social platform, Campus Society, and this guy in the States had been helping us out and I said, you know, "I'll buy you a pizza sometime." Turns out that was a fucking nightmare just because we're in the UK and he's in the US.
OK, so why did you decide to blow it all on pizza for strangers? I thought fuck it, that money's gone now. What else am I going to spend it on? In the clear light of day, I probably could have spent them a bit more productively. But people were commenting with these really heartfelt stories. There were people who'd been dumped, lost their jobs, drug addicts saying they'd blown all their cash but would kill for something to eat. I felt for them.
Did you get any weird requests? Let's see. Around 25 offers of sexual favours in exchange for pizza, including one couple who said I could watch them have sex on Skype in exchange for pizza. I didn't take them up on it. Three people asked if I'd swap pizza for weed, 15 unsolicited dick pics, and eight death threats. As in, explicitly saying they would find where I live and kill me. So, yeah.
How did round two go? It was kind of insane. The thread got really popular really fast, I guess because people had heard about the first one. Two hours in, I had over 450 comments. By the end, there were thousands. I managed to spend all the Bitcoins. It was a lot of pizza. Let it be said I'm a man of my word.
At the end of a volatile week in the stock market, "60 Minutes" examines the even wilder financial world of Bitcoin and other cryptocurrencies. The story, reported by Anderson Cooper, includes the first television interview with the legendary "Bitcoin pizza guy," Laszlo Hanyecz.
On May 22, 2010, Hanyecz traded 10,000 Bitcoin for some pizza in what is widely believed to be the first real-world transaction involving Bitcoin. Each year, on May 22, Bitcoin enthusiasts all over the world celebrate "Bitcoin Pizza Day" to mark the event. Bitcoin then was worth less than a penny.
Hanyecz, a computer programmer who lives in Florida, told Cooper he made a number of other trades after the pizza. In all, he estimated that he spent 100,000 Bitcoin on a number of items, much of it on pizza. At the time of this interview, one Bitcoin was worth about $8,000.
In May 2010, California student Jeremy Sturdivant, then 19, noticed a bizarre request on a cryptocurrency internet forum: He could receive 10,000 bitcoins, at the time reportedly valued at $41, in exchange for the delivery of two large pizzas to Florida resident Laszlo Hanyecz, 28.
Today, the Bitcoin community worldwide commemorates May 22 as the first recorded day that Bitcoin was used to purchase a physical good. The community celebrates by buying two pizzas and sharing them. Pizza restaurants also contribute to the celebration by offering discounts to customers who pay in Bitcoin.
Laszlo responded to the delivery on BitcoinTalk.org by saying, "That pizza looks delicious! Adorable kid. (Cheesy Emoji)". He later stated that he was willing to pay 10,000 Bitcoins for future pizza deliveries. On the same thread, he stated, "My 1 year old daughter really enjoys pizza too! She just smears it all over her face if you give her a whole slice, but she does eventually manage to get most of it in her mouth (minus a few loose toppings of course)." It's a beautiful story. Laszlo took a family photo after the delivery marking perhaps one of the biggest milestones in the Bitcoin story. 041b061a72