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Foreigners buy pizza with bitcoin

Publish: 2021-05-08 19:09:10
1. The first bitcoin physical trader used more than 10000 bitcoins to buy a pizza in 2010. At that time, it was mainly fun and nothing else

as for why bitcoin is valuable, let me briefly analyze and explain it for reference only:

bitcoin is valuable because it is useful as a form of currency. Bitcoin has the mathematical characteristics of money (persistence, portability, interchangeability, scarcity, separability and identifiability) rather than relying on physical characteristics (such as gold and silver) or the trust of central authorities (such as fiat money). In short, bitcoin is backed by mathematics. With these characteristics, a form of money to have value requires trust and use. In contrast, this can be reflected in its growing base of users, businesses and start-ups. Like all currencies, the value of bitcoin comes directly from people who are willing to accept it as a means of payment, which is the only source

for more information, please refer to the mainstream media bitcoin home.
2. On May 18, 2010, a programmer named Laszlo hanyecz posted in bitcoin forum that he hoped to exchange 10000 bitcoins (then worth $40) for two copies of Papa John's pizza. Then on the 22nd, the cryptography enthusiast "jercos" bought two pizzas for us $25, sent them to Laszlo, and won 10000 bitcoins as promised

since then, the bitcoin community has celebrated May 22 as "bitcoin pizza Festival.". There's even a twitter account that updates the bitcoin value of the two pizzas every day. In addition, every time the price of bitcoin reaches a new high, the deal and Laszlo will be "teased"

based on the current bitcoin price, the two pizzas are worth $76.3 million
kucoin futures is kucoin's digital currency derivatives platform. It is the most open, transparent and trusted contract trading platform in the world, with the largest number of global users and the highest coverage of global contract market. At present, it supports bitcoin perpetual and delivery contracts.
3. It's obviously unreasonable. According to the area calculation, 12x12 = = 144, 8x8 = 64, 4x4 = 16 is only 80, which is a big gap of 64
4. On May 21, 2010, a programmer bought a pizza with 10000 bitcoins. At that time, the price of bitcoin was very low and there were few players. Basically, some gamers, programmers and geeks were playing. At that time, people didn't realize the huge potential of bitcoin. Just like Picasso's painting did not get attention in his life, but became the representative of hazy painting school after his death, which sounds very funny

this paper briefly introces bitcoin and its value source for reference only:

bitcoin is a consensus network, contributing to a new payment system and a fully digital currency. It is the first decentralized peer-to-peer payment network, which is controlled by its users without a central management organization or middleman. From the user's point of view, bitcoin is much like Internet cash. Bitcoin can also be regarded as the most outstanding three style bookkeeping system

bitcoin is valuable because it is useful as a form of currency. Bitcoin has the mathematical characteristics of money (persistence, portability, interchangeability, scarcity, separability and identifiability) rather than relying on physical characteristics (such as gold and silver) or the trust of central authorities (such as fiat money). In short, bitcoin is backed by mathematics. With these characteristics, a form of money to have value requires trust and use. In contrast, this can be reflected in its growing base of users, businesses and start-ups. Like all currencies, the value of bitcoin comes directly from people who are willing to accept it as a means of payment, which is the only source.
5. May 22, 2010, lassler, USA; Laszlo hanyecz exchanged 10000 bitcoins for two $25 pizzas
6. Money is valuable only when it is in circulation. Nobody used this in those days. It would be nice to buy pizza.
7. Ten thousand bitcoins for two pizzas. It's estimated that your bitcoin is your own imagination. How expensive bitcoin is
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