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We Have All Had A 'Pizza Day Moment' — What's Yours?
Famous entrepreneur and author, Andreas Antonopoulos, said that he paid five Bitcoin (BTC) for one pound coffee in 2012. "I don't rerget it or any other BTC I spent, or gifted," Antonopoulos told Cointelegraph in a May 22 email. "Without spending, BTC wouldn't have become what it is today," he added. "I still use it as a currency and I do a transaction or two every week." Antonopoulos didn't even like the coffee Antonopoulos' tweet came on Bitcoin Pizza Day — a crypto holiday commemorating the first documented commercial purchase using Bitcoin. Approximately 10 years ago, programmer Laszlo Hanyecz paid …
Adoption / May 22, 2020
What Would Happen If Jeff Bezos Bought All Bitcoin in Circulation?
Holding a net worth of about $140 billion, Jeff Bezos could theoretically afford to buy all the Bitcoin (BTC) in circulation. What would happen if he tried? Genesis Mining's head of mining operations, Philip Salter, weighed in on the matter. "Of course he could only buy the liquid BTC on exchanges, massively driving up prices in the process," Salter told Cointelegraph in an email. Bitcoin only has so many coins available for immediate purchase Bitcoin has a current circulating supply of 18,339,687, but over the years, industry participants estimate at least some of this supply has been lost by early …
Bitcoin / April 22, 2020