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| 10k bitcoins for pizza | Sign up for notifications from Insider! As Insider's Shalini Nagarajan reported , the service will partner with independent pizzerias in 10 cities across the US, but won't accept bitcoin payments. Hanyecz is known as the first person to use bitcoin in a commercial transaction. Share icon An curved arrow pointing right. The volatility that makes bitcoin attractive to investors also makes it difficult to use as money, or "electronic cash," as the Bitcoin white paper specifies. Compare Accounts. |
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| 10k bitcoins for pizza | Among these transactions, though, are those linked with illicit activities, such as darknet trades. Bitcoin as digital gold, or a store of value to accumulate and hold for the long term, has proven more attractive than commerce, as a pair of recent events underscore. Check out: Personal Finance Insider's picks for best cryptocurrency exchanges. Its price can fluctuate rapidly, potentially leading to momentous gains and significant losses. The benefit to this is meeting consumers where they are and continuing to build a meaningful connection. Grabbing some of that bitcoin pizza. |
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Meet the man who spent millions worth of bitcoin on pizzaHe accepted the offer of 10, Bitcoin for two pizzas, valued at around $41 back then. Sturdivant purchased the two pizzas and delivered them. For the two pizzas, the man in question paid 10, bitcoins, which, as of Sept. 11, , is worth over $ million. On May 22, , now. This exchange is widely celebrated because it is viewed as the first use of bitcoin in a commercial transaction with bitcoin as the medium of exchange.
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