The UNTOLD story of Bitcoin Pizza Day

2 years ago
13

The story of the $400,000,000 Pizza! (or $380,000,000 to be precise...)

Eleven years ago today, Laszlo Hanyecz made what would become one of the most famous food purchases of all time, and now today will forever be known as Bitcoin Pizza Day.

Hanyecz asked an online forum if anyone would be willing to send him 2 large pizzas in exchange for 10,000 Bitcoins.

Jeremy Sturdivant took the offer, and it was the first exchange of real world goods for Bitcoin in history.

Some say both men were ultimately fools for not holding onto those 10,000 Bitcoin.

Others recognize that this exchange grounded bitcoin’s price in terms of real world goods for the first time ever, and became a catalyst for greater adoption. We finally had a money that was uncensorable, peer-to-peer, permissionless, and you could actually use it in your every day life to buy things.

It was a revolution, covered in marinara sauce.

Happy Bitcoin Pizza Day, everyone!
And thank you Hanyecz and Sturdivant for helping ignite what quickly became a full fledged crypto revolution!

Edited by Lee Rennie

To make a tax-deductible (in the US) donation to my channel, visit https://cointr.ee/nbtv

Sign up for the free cryptobeat newsletter here:
https://Naomibrockwell.com/cryptobeat

Watch on LBRY!
https://open.lbry.com/@NaomiBrockwell:4/400000000-pizza:1?r=9mvuwPzyZX55TFcyh5Yhwgm8HEXsrtSm

Here are a bunch of products I like and use. Using these links helps support the channel and future videos!

Recommended Books:

Permanent Record - Edward Snowden
https://amzn.to/305negc

No Place to Hide: Edward Snowden, the NSA, and the U.S. Surveillance State - Glenn Greenwald
https://amzn.to/2UQmJ4m

What has the government done to our money - Rothbard
https://amzn.to/2KMzmcu

Naomi's Privacy Bag: some of my favorite products to help protect your privacy!

Use the Brave browser! https://brave.com/nao076

USB-C to ethernet adapter:
https://amzn.to/2lOVBoy

Lightening to ethernet adapter:
https://amzn.to/2nWyNns

Faraday bag wallet (signal stopping, to protect your fob, credit card, and phone)
https://amzn.to/2SUkPhu

Data Blocker (if you're charging your phone in an unknown port, use this so that no data is transferred)
https://amzn.to/2SVh0J2

Computer privacy screen (use your computer in public? Keep your information safe!)
https://amzn.to/2SXYHmf

Phone privacy screen (don't let people in public see your private data)
https://amzn.to/2YyJMnH

Camera cover (for computers and phones, so no one can access your camera without you knowing)
https://amzn.to/2Mt7Hic

Privacy Tip: Don't use wifi, and if you must, append the tag ‘_nomap’ or ‘_optout’ to your SSID to stop other websites tracking your location.

Loading comments...