Interesting Bitcoin Facts You Need To Know

Here are 1 facts you need to know about Bitcoin. Did you know why May 22 is celebrated as Bitcoin Pizza Day?

Initially, when bitcoins were mined they were virtually worthless as it cost literally cents to buy a BTC.

But it was until 22 May 2010, when someone purchased something with bitcoins. Seven years ago on this day, someone bought Piazzas with bitcoins and this purchase was a big deal because no retailer was accepting bitcoins at that time for goods and services.

On 22 May 2010, two Papa John’s Pizzas were exchanged by Laszlo Hanyecz for 10,000 BTC. This was the first official documented purchase of goods using bitcoins. At that time, the worth of 10,000 BTC was $41.

At the time of writing this article, the worth of 10,000 BTC is around $25.8 million.