Papa John's pizza bitcoin day May 22

in LeoFinance2 years ago

On this day May 22, 2010, a computer programmer named Laszlo Hanyecz
is said to have paid for the most expensive pizza worth 10,000 BTC valued at over $600 million today, haha wouldn't have dared it today if he knew what 1 BTC would be worth, history was made and will long be remembered for centuries, Mr. Laszlo can still brag to the first human on earth to eat the most expensive meal using a decentralized monetary system.

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source

Trade by barter system

Bitcoin transaction could only be done through some internet forum, more or less a trade by barter means of exchange where you have to offer something bigger to your customer to agree on making deal with you, just like the stone era where Mr A needs meat, he needs to look for someone who would love to give out meat in exchange of what he has to offer, bitcoin went through digital stone age era as well fascinating, I guess as Laszlo Hanyecz was craving for pizza and had thousands unit of BCT which are just sitting ideal on his wallet the best option was to offer handful of it to someone who might need It probably in the future.

It appears a 19-year-old pizza delivery boy Jeremy Sturdivant was the only the available option who wanted to trade his goods for 10,000 unit of decentralized digital money that has little or no use case back them little did the delivery boy know about the future of digital money he did probably accepted the offer just for no reason not sure back in 2010 I had idea what Bitcoin was, would have turn down Laszlo Hanyecz offer back then so help me God hahaha.

Final thought

Today marks a remarkable day for crypto enthusiasts as it marks the first bitcoin transaction with a real-life use case before then there was no medium for exchanging bitcoin this birthed opportunity for centralized, and more p2p means of exchanging bitcoin this day will always be remembered in history.

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