Man Who Spent the Equivalent of $800 Million

Cryptocurrencies have been considered the future of finance and investing for quite some time. Yet, early into its improvement, many buyers had been ignorant of how the cost of those cyber coins could mature. One of these investors changed into Laszlo Hanyecz, or “The bitcoin pizza guy.”

In 2010, Hanyecz sold Papa John’s pizzas for 10,000 BTC. At the time, one Bitcoin wasn’t even worth a penny. But that changed then. Today, one Bitcoin is worth approximately $8000. Because Hanyecz estimates that he spent about 100,000 BTC on pizza over time, properly, it is no marvel he went down in infamy.

On Sunday, Hanyecz appeared on 60 Minutes, where Anderson Cooper quizzed him about the first actual global transaction involving Bitcoin. “That’s $800 million. You spent about $800 million on pizza?” Cooper requested. Well, if you examine modern-day change fee,” Hanyecz answered, alluding to Bitcoin’s low price at the time.

When asked if the “what ifs” of the situation keep him up at night, Hanyecz stated that he tries not to reside in the situation to shield his peace of thoughts. “I suppose wondering like that, it’s now not excellent for me,” he stated. This is not the first time that Hanyecz stated he had come to terms together with his movements. “I don’t remorse it.

I suppose it’s terrific that I was given to be part of the early records of Bitcoin in that way, and people realize about the pizza. It’s an exciting story because we all can relate to that and be [like] < UNK> Oh my God, you spent all that money,” he advised Coin Telegraph recently.

“I additionally typed of giving humans tech aid on the boards, and I ported Bitcoin to MacOS, and you know, a few different things – repair insects and whatnot, and I’ve usually the simply desired humans to use Bitcoin and shopping for the pizza becomes one manner to try this. I didn’t suppose it’d get as popular as it has, but it’s become a catchy story for people.”

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