16 years ago today, Laszlo Hanyecz paid 10,000 BTC for two Papa John's pizzas and proved that Bitcoin could actually be used as money. 🍕
Those pizzas are worth around $769 million at today's price!
The point of the story isn't what he spent. It's that before May 22 2010, crypto was theoretical. After it, it was real. The entire industry traces a straight line back to someone wanting pizza badly enough to spend digital coins on it.
Frictionless crypto payments were the goal back then. They still are. Sixteen years on, most people still can't pay with crypto without jumping through hoops that didn't exist with cash in 2010. 🌐