Bitcoin’s $1B Pizza Day: The Costliest Order in Crypto History 🤣
In 2010, Laszlo Hanyecz made history with the first commercial Bitcoin transaction, #exchanging 10,000 BTC for two Papa John’s pizzas. Initially valued at $41, the Bitcoin used now equates to over $978 million, exemplifying the dramatic rise in BTC’s value and serving as a cautionary tale for the importance of ‘hodling’ in the crypto community.
Dubbed “Pizza Day,” this event has become a legendary meme, with the opportunity cost of the purchase escalating each year—potentially reaching $2 billion by 2025 if Bitcoin’s projected growth materializes.
This is hilarious 🤣
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