Tonight, at approximately 04:39 Kyiv time, the price of bitcoin reached the six-figure mark for the first time in its almost 16-year history, breaking the $100,000 mark.
This also means that the legendary bitcoin pizza order is now worth $1 billion. For those who don’t know, a Florida man paid 10,000 BTC for two Papa John’s pizzas over 14 years ago. This deal is considered the first commercial transaction in the history of cryptocurrency.
«I’ll pay 10,000 bitcoins for a couple of pizzas… maybe two large ones to have leftovers for the next day», — wrote Laszlo Hanyec in a crypto forum on May 18, 2010.
Four days later, the Briton agreed to the offer. At that time, the amount was only $45 (the Briton even paid Papa John’s only $25). But nine months later, the value of the deal rose to $10,000.
In 2013, Khanets told The New York Times that he had no regrets about the then «pizza order for $6 million». After all, bitcoins had no value at the time, so the idea of exchanging them for pizza was extremely cool». I wonder if Laszlo Hanyec regrets it now that his payment for those two Papa John’s pizzas is worth a billion dollars. The current market capitalization of Papa John’s is $1.6 billion.
There is also an interesting story about a British man who accidentally threw a hard drive with 8 thousand bitcoins into the trash in 2013. If someone found this disk today and was able to recover data from it, they would immediately receive a fortune of $800 million.
At the time of writing, the price of bitcoin is $101,821.14. According to BinanceThe value of the cryptocurrency reached a high of $103,900.47.
Source: Engadget