May 22, 2010. Laszlo Hanyecz paid 10,000 BTC for two pizzas. The world laughed. "Idiots paying millions for pizza!"
They missed the point entirely. For the first time in history, someone bought a real-world good with money that NO government issued, NO bank approved, and NO intermediary touched.
As Laszlo himself said: "It wasn't about the pizza. It was about proving it works." Today's payment processors still take 3% and 3 days to settle. That pizza transaction settled in less 10 minutes. In 2010. On a laptop.
They missed the point entirely. For the first time in history, someone bought a real-world good with money that NO government issued, NO bank approved, and NO intermediary touched.
As Laszlo himself said: "It wasn't about the pizza. It was about proving it works." Today's payment processors still take 3% and 3 days to settle. That pizza transaction settled in less 10 minutes. In 2010. On a laptop.
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