Bitcoin Pizza Day: Celebrating the Pizzas Bought for 10,000 BTC
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With the price of Bitcoin skyrocketing by the hourit's either time to buy buy buy or step back a moment bitcoin 10000 pizza ask ourselves just exactly how Bitcoin went from a proposed digital currency to bitcoin 10000 pizza increasingly popular investment opportunity — and what that says about bitcoin 10000 pizza future.
As this is a blog post and not the internal dialogue of a cryptocurrency trader, we're going to go with the second option. This was Bitcoin's big year, but where does it go from here? Launched in by a still unknown person or persons under the pseudonym of Satoshi NakamotoBitcoin offered a decentralized bitcoin 10000 pizza that removed any sort of central authority from the mix.
This, of course, is a fascinating idea — and over the following few years news outlets reported on it with a mixture of confusion and befuddled amusement if they covered it at all. But that didn't stop Bitcoin or its adherents. Ina Florida programmer made what is generally considered the first transaction paying bitcoin 10000 pizza Bitcoin — 10, BTC for two pizzas — and the dream of a digital currency was one step closer to reality. But, wait — you're surely asking yourself right now — 10, Bitcoin for a pizza?
And you'd be right to be incredulous. That hourly change — with Bitcoin shooting up in value thousands of dollars today alone — is great for investors holding their BTC to sell at a later date, but not so good for anyone trying to use it to, actually, you know, buy something. This extremely bitcoin 10000 pizza state, combined with high transaction fees, even led one major bitcoin 10000 pizza to cease accepting Bitcoin as a form of payment on Dec.
Other companies may soon follow, with the future of actually using Bitcoin perhaps best represented by a joke made by security researcher Marcus Hutchins.
The bitcoin 10000 pizza thing most commonly purchased with bitcoin is the future regret that you didn't keep your bitcoin. When he tweeted that, on Nov. And it's not just the lost potential gains of spent Bitcoin that makes its practical use as an actual currency dubious. The aforementioned network fees themselves are pretty ridiculous. Buying a beer with BTC doesn't make much sense when the fees are higher than the cost of the drink.
So, is Bitcoin doomed? While no one knows exactly what the future holds, BTC looks like it's here to stay in some form or another. Is that as a decentralized digital currency, or merely an investment opportunity? Today's volatility perhaps provides a hint. In the end, Bitcoin may end up being too hot for its own good. We're using bitcoin 10000 pizza to improve your experience.
Click Here to find out more. Tech Like Follow Follow. It was never meant to be this way. People are spending millions on virtual CryptoKitties.
