Two Papa John's pizzas ordered in 2010 are now worth nearly $110 billion.

CompassInvestments
BTC1,38%

They have gained notoriety in the cryptocurrency world. At the current market price, those 2 pizzas cost Laszlo more than $997,800 million.

In 2019, in an interview with the program “60 Minutes” on CBS, Hanech talked about this event. Many believe that this is the first commercial #bitcoin transaction in history. : "I just posted on the forum. I said: "If anyone’s interested, I’m offering 10,000 bitcoins in exchange for a pizza. " Someone said, "Hi, and sent 10,000 coins to an e-wallet. He paid with a credit card and the pizza showed up at my door Hanek’s costly mistake has always been a #meme in the crypto community as the price of bitcoin continues to rise from cycle to cycle. The infamous Papa John’s purchase made in 2010/5/22 is widely known in the bitcoin community as Pizza Day on 05/22.2016 10000 bitcoins spent by Hanek on pizza in 2010 amounted to only 441 bitcoins, but was valued at about ¥440 million. 2 years later, on Pizza Day 2018, the total amount of 10000 #BTC rose to about 44,100 million, increasing about 10 times since 2016. In 2020, the price of bitcoin reached new heights, the value of 10000 BTC exceeded 88,000 million. On Pizza Day 2022, this alternative value increased by an order of magnitude and exceeded 3 billion pounds. In the bear market of 2023, this trend reversed for the first time, and the total value of 10000 BTC fell to 26,800 million yen. Read us at: Compass Investments #CryptoAdoption #CryptoMarketTrends

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