Back in May 2010, Laszlo Hanyecz, a programmer from Florida, etched his name in history by buying two Papa John’s pizzas for 10,000 Bitcoin, signaling the inaugural real-world transaction with the cryptocurrency.
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During that period, the value of the Bitcoin involved in the purchase hovered around $41, reflecting the nascent stage of the cryptocurrency, which lacked widespread recognition.
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Nevertheless, had Hanyecz retained those 10,000 Bitcoin until the cryptocurrency’s zenith, his initial expenditure would have ballooned to an astonishing sum exceeding $700 million.
