Bitcoin breaking records - man bought a pizza with bitcoins back in 2010, those bitcoins would be worth $20M today

Petteri Pyyny
22 May 2017 8:08

Bitcoin is breaking valuation records this Spring, as the cryptocurrency's valuation has risen from May 2016 valuation of appx $440 to record-breaking $2'135 as of today.
Business Insider tells a story about a Bitcoin enthusiast called Laszlo Hanyecz who bought two pizzas from Papa Johns back in May, 2010 for 10'000 bitcoins. Back then, the value of those coins was approximately $40. Today, the same amount of bitcoins would be worth more than $20 million.

That transaction is considered as the first "real world" purchase of good where bitcoins were used.

Bitcoinin to USD, 05/2016 - 05/2017

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