The stunning Bitcoin “Pizza Index” graphic shows the value of each topping after a trader has blown £ 250m at Papa John’s.

This stunning Bitcoin “Pizza Index” reveals the value of individual toppings after traders have infamously blown over £ 250m in Papa John’s.

American Laszlo Hanjech He made history when he made his first “real world” purchase in cryptocurrencies over a decade ago.

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This Bitcoin “Pizza Index” graphic reveals the value of individual toppings

But when he spent 10,000 Bitcoins on two pizzas, he knew little that one day he would get out of hundreds of millions of pockets.

He had no clue that 11 years in coins (which was worth about £ 30 at the time) are now worth a staggering £ 257,869,013.

It’s lucky that he could have bought a private island, a luxury mansion, and some private jets.

As our chart shows, one olive could buy a luxurious five-bedroom home and a slice of pepperoni could buy a Ferrari fleet.

And one whole pizza (129,760,706 pounds) may be enough Admire Harry Kane away from Tottenham.

Surprisingly, Laszlo claims that there will never be a sleepless night on impulse purchases at one lunchtime in 2010.

He said: “I don’t regret it. I think it’s great that I became part of Bitcoin’s early history that way.

“People know about pizza … everyone is involved in it, [like] “Oh my god, you’ve spent all that money!”

A Florida man was an early contributor to Bitcoin software when Bitcoin was only one year old.

He even coded a program that made it possible Fans mining currency Use your computer’s graphics card (GPU).

But when he posted a message on the Bitcoin Chat Forum on May 22, 2010, his life changed.

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Laszlo Hanyecz spent 10,000 Bitcoins on two pizzas in 2010Credit: CBS

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Laszlo claims that there will never be a night when you can’t sleep on impulse purchases

He wrote in Bitcointalk: “I’ll pay 10,000 Bitcoins for two pizzas. Probably like two big pizzas, I’ll leave some for the next day.

“I like onions, peppers, sausages, mushrooms, tomatoes, pepperoni, etc. There are no weird fish toppings.

“If you are interested, please let me know. We can make a deal.”

Hit posts caught the eye of another forum user Called Jeremy Star Divant Those who have agreed to order two big best pizzas in exchange for 10,000 Bitcoins.

“I wanted to do pizza because it was a free pizza for me,” Laszlo explained later.

“That is, I coded this to mine Bitcoin and felt like I won the internet that day.

“I got a pizza to contribute to an open source project. Usually my hobbies are a sink of time and a sink of money. In this case, my hobby bought me dinner.

“I said,’Man, I’ve linked these GPUs, so this time I’m mining twice as fast. I’m just going to eat free food. I don’t have to buy food again.”

Laszlo believes that his infamous fast-food lunch helped even the incredible explosion of Bitcoin.

He signed two pizzas from Papa John’s at the Bitcoin Forum
May 22nd is called Bitcoin Pizza Day to commemorate Laszlo’s legendary deal

he Told Cointelegraph: “I want to think that what I did was useful, but if I weren’t there, I think someone else would have come. Maybe it wasn’t pizza.

“But I think Bitcoin was destined to grow. I didn’t know everything about Bitcoin at the time.

“I’ve only been playing with it for a few months, and I figured out how to mine, I actually wrote the first GPU miner-and that’s all I was giving away This is how I got Bitcoin. “

After the first deal, Hanyecz did it many more times, spending a total of 100,000 Bitcoins on pizza that summer. This is currently worth £ 2.5 billion.

To commemorate Laszlo’s legendary deal, May 22nd is called Bitcoin Pizza Day.

Pizza providers around the world are offering discounts to Bitcoin users to commemorate their incredible purchases.

But Laszlo says it’s impossible to buy pizza in cryptocurrencies these days.

He states: “If everyone wants to pay for pizza with Bitcoin now, that doesn’t work.

“They will try it, they will notice that their deal has not been confirmed, and they will lose interest.”

IT worker asks for help to find a hard drive containing £ 220m in Bitcoin he throws away



The stunning Bitcoin “Pizza Index” graphic shows the value of each topping after a trader has blown £ 250m at Papa John’s.

Source link The stunning Bitcoin “Pizza Index” graphic shows the value of each topping after a trader has blown £ 250m at Papa John’s.

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