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The Bitcoin Pizza Day Numbers Are Actually Worse Than You Thought

Laszlo Hanyecz has cemented himself within the crypto neighborhood because the “Bitcoin pizza man” for spending 10,000 BTC in 2010 to buy two pizzas, broadly acknowledged as the primary business Bitcoin transaction. At in the present day’s costs, that 10,000 BTC can be price properly over $80 million.

Cointelegraph spoke to Hanyecz on the event of the tenth anniversary of Bitcoin Pizza Day. We realized that $80 million {dollars} is nothing — he truly spent much more on pizza than had been beforehand reported.

Hanyecz estimates that he mined round 100,000 BTC complete, and about half of it went to pizza. If we use the historic most worth of $20,000, then 50,000 BTC comes out to $1 billion:

“I had mined a pool of a few hundred thousand [BTC] and I spent possibly half of it on pizza and the opposite half, gifting away or promoting it for different stuff. I possibly made just a few thousand {dollars} altogether. I made sufficient to construct a brand new laptop for Bitcoin.”

6,000 BTC for a single slice

Hanyecz recounted an incident when he didn’t have sufficient Bitcoin to buy two slices of pizza, so he cajoled the vendor into promoting him a single slice for six,000 BTC. “I wasn’t stingy with it. And I did not thoughts overpaying, or no matter,” he stated.

No regrets about his purchases

Hanyecz appears to haven’t any regrets to go down because the man who type of spent $1 billion on pizza:

“With 100,000 Bitcoins, I’d be [a billionaire] proper now. However then I would not have gotten that pizza.”

Might we humbly counsel that Hanyecz get free pizza on the following Bitcoin Pizza Day?

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