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12 Years Ago Today, Laszlo Hanzecz Bought 2 Pizzas with 10k Bitcoins
- Flatcircle 4y agoKinda reminds me of a blockbuster NFL Draft trade, where the Saints traded away all their draft picks for Ricky Williams to Washington, and some analyst later said, "I don't know who handled it worse, the Saints, who recklessly traded away everything for this one player, or Washington, who got all those draft picks and did nothing with them." What's worse, the guy that bought a pizza with 10k Bitcoin or the pizza shop that squandered the 10k bitcoin?
- colechristensen 4y ago> What's worse, the guy that bought a pizza with 10k Bitcoin or the pizza shop that squandered the 10k bitcoin? Neither? Bitcoin would never have been worth anything if nobody used it.
- nly 4y agoI don't think the pizza shop received the Bitcoin? Someone else took them and ordered them a pizza using USD. If anything, the fact that you still can't buy a Domino's in Bitcoin without an assist from a crypto VISA card company shows Bitcoin has failed as a currency
- aaaaaaaaata 4y agoDominos wouldn't do something that controversial unless there was market proof of people using it successfully as a positive marketing gimmick.
- Normille 4y agoThe way the crypto market is plummeting lately, that might look like a bargain soon
- webscout 4y agoCoincidentally, I think you can use the same 10k in Luna to buy a Pizza again today.
- aperson_hello 4y agoBitcoin is still 5x what it was 3 years ago when if it's 50% down from its peak. I'd suggest that's slightly indicative of a bubble.
- timcavel 4y ago
- simonblack 4y agoBitcoins are only worth what two people agree that they're worth. In other words, bitcoins have NO INTRINSIC WORTH AT ALL. Just like other currency with no intrinsic worth, like Nazi Reichsmarks or Confederate Dollars.