Bitcoin Pizza Day rewind: A homage to weird and wonderful BTC purchases

2 years ago

Happy Bitcoin Pizza Day! Before you dial for a Margherita to commemorate the world’s archetypal real-world Bitcoin transaction, here’s a portion of trivia:

What bash a household vacation to Japan, a 50 Cent album, a steak dinner, and a framed feline photograph each person successful common? 

They were each paid for with Bitcoin (BTC) by members of the Cointelegraph Bitcoin community! And conscionable similar the Bitcoin pizzas that outgo 10,000 BTC, which are present worthy much than $300 million, the community’s Bitcoin purchases person besides skyrocketed. 

Benjamin de Waal, the VP of Engineering astatine Bitcoin speech Swan Bitcoin told Cointelegraph, “I spent 7 BTC connected a household travel to Japan a fewer years back.” In today’s value, 7 BTC is worthy good implicit $200,000 —  but Ben’s blessed due to the fact that his kids are happy:

“It would person been worthy a batch much now; but I don't regret it astatine all. A bully puerility afloat of adventure, fun, and learning is priceless.”

Felix Crisan, the scammer vigilante, told Cointelegraph however helium erstwhile spent 50 BTC (worth $1.5 million) processing a caller bundle module for his institution successful 2015. Crisan added that successful 2016:

“​​Let's not hide immoderate astir 1BTC 'spent' betting who the adjacent US president's going to be.” [...] Of course, I didn't win.”

That’s a $30,000 stake astatine BTC's existent marketplace price.

Jeffrey Albus, Editor astatine Cointelegraph, shared that helium splashed retired connected a steak meal to show Bitcoin’s peer-to-peer capabilities "sometime successful 2011 oregon aboriginal 2012." 

"We paid 15 BTC — 12 for the meal, positive 3 BTC near arsenic a extremity (which the waitress astir apt threw away.)"

Worse still, the worth of 15 BTC backmost implicit 10 years agone was truthful tiny that it fell abbreviated of the full bill: Albus had to apical it up with bully aged greenbacks. The worth of the Bitcoiner-appropriate steak meal is present worthy shy of fractional a cardinal dollars.

In a connection to the wise, Julien Liniger, CEO of Swiss Bitcoin speech Relai–and a Bitcoin maximalist done and through, told Cointelegraph that helium “bought a bitcoin hoodie for 0.1 BTC backmost successful the days, but that was the past thing” — a astir $3,000 hoodie. He explained that “it past became excessively anserine of a happening to maine to walk alternatively of stack sats.”

Meanwhile, the squad astatine CoinCorner, the UK Bitcoin speech down the contactless Lightning Network outgo card, shared a fewer stories. Danny Scott, the CEO, bought the 50 Cent medium “Animal Ambition” with Bitcoin erstwhile the marketplace terms was astir $600. 50 Cent famously “forgot” helium accepted 700 BTC for the medium — let’s anticipation Scott forgets the missed gains, too!

Molly Spiers, CoinCorner's Head of Marketing, told Cointelegraph, “I bought a photograph postcard of my cats [...] for 0.009 BTC.” The $270 postcard was sadly not capable for Spiers to support a clasp of it; ‘I've mislaid them determination implicit the years - I'd person framed them with pride!”

Fortunately, determination are “no regrets,” arsenic it does “make for a bully story.” Plus, she shared a representation of the cats:

Molly Spier's cats. The photograph postcard is sadly lost. Source : Molly Spiers

While “experimenting with Bitcoin arsenic a currency,” Matthew Ward, CoinCorner’s bundle developer, told Cointelegraph that helium “bought the crippled Cities Skylines backmost erstwhile it launched connected Steam successful March 2015 for 0.108 BTC.” You tin beryllium the justice of whether the graphics merit a $3,000 terms tag:

Cities Skylines gameplay. Source: themacgames.net

Finally, Didi Taihuttu, known arsenic the father of the Bitcoin Family and sometimes the Bitcoin tattoo guy, spent 2.75 BTC connected a Bitcoin miner successful 2014. Taihuttu told Cointelegraph that “the strangest portion is that erstwhile BTC deed astir $200, I gave up mining BTC and started to excavation dogecoin (DOGE).” Had helium held the BTC, helium would person implicit $180,000.

Related: ​​Try topping this: PizzaDAO celebrating Bitcoin Pizza Day with 100 parties worldwide

Taihuttu besides shared that during his adventures arsenic The Bitcoin Family, he’s parted with implicit 9 BTC ($270,000), which helium describes arsenic “losing 9 BTC but gaining an astonishing adventure.”

And for those wondering what happened to the 10,000BTC Hanyecz spent connected the pizzas, according to Cointelegraph research, 5% of the full landed successful a precise affluent wallet, portion “some of the funds were seemingly liquidated” connected a failed crypto exchange.

The affluent wallet that chowed down connected immoderate of Hanyecz’s BTC is successful the apical 15 richest wallets successful Bitcoin, accumulating implicit 53,000 BTC. The full spent oregon sent from the wallet is 0 BTC: a certified Bitcoin hodler.

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