3 ms·
According to the dude who sold the 2 slices of Pizza for 10,000 BTC, the coins quickly made it back into the crypto-economy.... i.e. it appears that he performe
by justboxing 8y ago
According to the dude who sold the 2 slices of Pizza for 10,000 BTC, the coins quickly made it back into the crypto-economy.... i.e. it appears that he performed other transactions using those 10K bitcoins and didn't hold on to any of it.
( See the actual blockchain transaction in the interview page below )
> Q. What do you primarily use bitcoins for? Do you still control millions of dollars worth?
> A. Bitcoin as a currency is meant to be spent. Those 10,000 BTC made it back into the economy fairly quickly, around the time they were worth some $400. A ~10x ROI from simply trading in a different currency is quite good, even if that factor could have been higher had I held on to said currency longer.
Source: An Interview with Jeremy Sturdivant aka “Jercos”, the young man who sold two pizzas for 10,000 BTC 5 years ago on May 22, 2010
http://bitcoinwhoswho.com/index/jercosinterview http://bitcoinwhoswho.com/index/jercosinterview