Happy Bitcoin Pizza Day.
On this day, May 22nd 2010, László Hanyecz bought 2 pizzas from Papa John's in Florida for 10,000 bitcoins.
Back then that was about $41.
Today that's about $690,833,600
Enjoy.
@UncleIroh bitcoin used as currency is what it was supposed to be, but what we have now is just bitcon as a form of market item of investor speculation but nobody is using it as currency
@37712 @UncleIroh
It fails as a currency in every important aspect it needed to: no portability, no security, no privacy, high transaction cost and intrinsic counterparty risk.
It's a great speculative asset though because it has inbuilt insane volatility.
