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Bitcoin Pizza Day: two mozzarella ones that are worth $700 million today

Bitcoin Pizza Day: two mozzarella ones that are worth $700 million today

This event not only marked the first cryptocurrency purchase, but also demonstrated to the world the potential of Bitcoin as a medium of exchange.

Pizza Bitcoin Day: two pizzas that are currently worth $700 million

Two pizzas for US$700 million. That is the approximate value in dollars of 10,000 Bitcoins today, the amount paid for engineer Laszlo Hanyecz for 2 pizzas from Papa John’s on May 22, 2010 on the Bitcointalk forum to the user “Jercos”, who accepted the challenge and completed the transaction, becoming the first seller of goods in exchange for Bitcoin. This event not only marked the first cryptocurrency purchase, but also demonstrated to the world the potential of Bitcoin as a medium of exchange.

As the years went by and Bitcoin’s relevance increased around the world, Laszlo shared his thoughts with the press on multiple occasions. where he expressed that He did not regret having paid that amount of Bitcoins, since at that time its value was only US$43.. However, this transaction would be one of the starting points for exchanging cryptocurrencies for real-world assets.

Jeremy Sturdivant (Jercos), who received payment for these pizzas, purchased them and shipped them to Laszlo’s home in Florida. The transaction was completed without problems and became a historical, curious and celebratory milestone for Bitcoin.

What did Jercos spend the 10,000 Bitcoins on? In video games on the Humble Bundle platformthus reintegrating BTC into the growing digital economy and once again demonstrating the usefulness of Bitcoin as an asset for transferring value.

In these 14 years, the cryptocurrency ecosystem has experienced a large number of changes, and Access to this type of assets has become more democratized and easier.

In Argentina, there are several exchanges doing this work. We allow buy or sell your first satoshis (minimum fraction of Bitcoin) or other cryptocurrencies that you have available in your portfolio for pesos or dollars. You can also have cards available (for example Mastercard) in which cryptocurrencies can be selected to make purchases both in Argentina and abroad.

These types of advances not only make it easier to use cryptocurrencies, but also They open a world of possibilities for users, integrating the digital economy into our daily lives. Crypto credit cards, like those offered by Buenbit, allow you to make payments quickly and easily, using the cryptocurrencies of your choice. This marks a significant evolution since that first exchange of pizzas for Bitcoin, showing how cryptocurrencies have gone from being a curiosity to becoming a real and practical financial tool.

Just as Laszlo Hanyecz and Jeremy Sturdivant demonstrated the potential of Bitcoin in 2010, Today, companies like Buenbit continue to promote the adoption and use of cryptocurrencies, facilitating their integration into the global economy.. Every time you make a purchase with a crypto credit card, you’re participating in a financial revolution that started with two pizzas and a bold vision of the future.

Buenbit CEO

Source: Ambito

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