This Pizza Cost $750,000
It is widely believed that the first real-world bitcoin transaction took place on May 21st, 2010. Laszlo Hanyecz, a programmer living in Flordia, sent 10,000 bitcoin (BTC), the online-only “cryptocurrency,”  to a volunteer in England, who then spent about $25 to order Hanyecz some Papa John’s. Hanyecz then uploaded the image above as proof that the transaction had been successfully completed.
CONTINUE
- by Brian Merchant

This Pizza Cost $750,000

It is widely believed that the first real-world bitcoin transaction took place on May 21st, 2010. Laszlo Hanyecz, a programmer living in Flordia, sent 10,000 bitcoin (BTC), the online-only “cryptocurrency,”  to a volunteer in England, who then spent about $25 to order Hanyecz some Papa John’s. Hanyecz then uploaded the image above as proof that the transaction had been successfully completed.

CONTINUE

- by Brian Merchant

Notes:

  1. kaoztheory reblogged this from vicemag
  2. stabkid reblogged this from vicemag and added:
    I’m sad Jason Adams didn’t make this purchase.
  3. futur-lens reblogged this from vicemag
  4. envy-youuu reblogged this from vicemag
  5. letsgetfree reblogged this from vicemag
  6. ghost-of-algren reblogged this from vicemag and added:
    Back in 2010, dude paid 10,000 bitcons to have someone else pay to order him a pizza as some sort of “proof” that...
  7. thisblogcouldbeyourlife reblogged this from vicemag
  8. spangledshieldsandandsilverwings reblogged this from vicemag
  9. killkelvin reblogged this from vicemag
  10. ryvns reblogged this from thomporke and added:
    aaaaand this is why I regret liquidating my bitcoins
  11. thomporke reblogged this from chrismello
  12. herbalistadventuretime reblogged this from vicemag
  13. botzer0 reblogged this from vicemag
  14. armedwithart reblogged this from hayatosai777
  15. basedgqd reblogged this from vicemag
  16. if-our-worlds-collide reblogged this from motherboardtv
  17. dwcjosh reblogged this from vicemag
  18. jorbis reblogged this from vicemag and added:
    Una Asi
  19. satansgspot reblogged this from vicemag
  20. citycouncilwoman reblogged this from princesscobwebs and added:
    IM SO MAD if I’d had money at ISFLC I would’ve bought bitcoins and I’m pretty sure they were worth like $20