Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (166084)	12/17/2020 12:45:14 AM
From: bull_dozer	Read Replies (1) \| Respond to of 218916

A $200 Million Pizza! Here’s How Bitcoin Made That Possible.. ( that was about 10 days ago, make that $ 210 Million+ as of now <G> and it will be worth $40 billion per Scott Minerd... LOL !!) Laszlo Hanyecz didn’t expect to make history when he ordered two large pizzas from Papa John’s in May 2010, but man did he. A pepperoni pizza with a slice cut out sitting on a wooden tray Hanyecz paid for his pizzas with bitcoin in what’s believed to be the first transaction using cryptocurrency to pay for a product. At the time, each bitcoin was worth less than a penny … about $0.003 to be specific. The pizzas cost about $30, so Hanyecz needed 10,000 bitcoins to pay for them. You can see where this is going. More than a decade later, the world’s first cryptocurrency is also the largest — worth more than $19,000 each. So … that $30 worth of bitcoin Hanyecz used to buy two pizzas would now be worth more than $190 million. Ouch. investorplace.com Extraordinary Popular Delusions and the Madness of Crowds <G>