Post
Topic
Board Bitcoin Discussion
Re: The 10.000 btc pizza...
by
Yakamoto
on 01/10/2017, 22:06:15 UTC
...guy is a hero in Bitcoin really. Because when bitcoin wouldnt be spend in the early days we all now wouldnt be here... Early spenders made it possible for bitcoin to develop. So to say he spend half a billion on a pizza. Well not in that time. What he actually did was to make it possible to boost bitcoin to the price of today.

He sacrificed, as other early spenders, money to give others money basicly. Because only now its a store of value because of these early spendings. He was one of the founders of the total marketcap of today. He basicly invested a portion of his wealth to create a huge ponzi scheme... haha. Well jk. But anyway. I think thats a better way to look at it then a guy who ordered a pizza of half a billion.

No, thats not how it is. Cause if no one would v spended bitcoin in beginning it would be worthless today.
That's the way anything grows, through usage. If no-one uses for anything meaningful it then there would simply be no reasons to use it for anything at all. It didn't have to be the Bitcoin Pizza case but it definitely had a considerable impact on the practical use of Bitcoin. Anything would have worked, but the Pizza incident definitely allows for a lot of reflection on the early days of Bitcoin and everything that was happening. It's a shame I can't buy a pizza from the same place due to my geographical location.