Throwback Thursday

The Pizza that Cost 10,000 BTC: The Epic Tale of Laszlo Hanyecz and the Birth of Bitcoin Pizza Day

By Saqib AlamPosted on May 11, 2023May 12, 2023Posted in Crypto News, Throwback ThursdayTagged bitcoin, bitcoin pizza day, blockchain, blockchain technology, crypto, laslo hanyecz

Introduction: Ten years ago, on May 22, 2010, something remarkable happened. A man named Laszlo Hanyecz spent 10,000 Bitcoins to buy two large pizzas. At the time, the Bitcoins were worth only a few dollars, but today, they would be worth hundreds of millions of dollars. This single transaction has become one of the most […]

Bitcoin: From Doomed to Dominance – A Look Back at its Unstoppable Rise

By Saqib AlamPosted on May 4, 2023May 5, 2023Posted in Bitcoin Mining, Crypto News, Throwback ThursdayTagged bitcoin, Bitcoin obituary, blockchain, crypto, NY Times

In November 2013, the New York Times published an article entitled “A Prediction: Bitcoin Is Doomed to Fail” by Edward Hadas. The article claimed that money that is not issued by governments is always doomed to failure, and that Bitcoin was no exception. The article went on to state that truly private money is an […]