🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
BITCOIN | Laszlo Hanyecz’s $41 Bitcoin Pizza Purchase in May 2010 Now Worth $1.1 Billion in May 2025
Back in May 2010, Florida-based programmer, Laszlo Hanyecz, made what is now one of the most iconic transactions in cryptocurrency history: he exchanged 10,000 Bitcoin for two Papa John’s pizzas.
At the time, Bitcoin was priced at just $0.004 per coin, bringing the total cost of the order to just $41.
Fast forward to today, and those 10,000 BTC would now be worth more than $1.1 billion, thanks to Bitcoin’s latest rally that pushed it past a record-breaking $111,000 per coin.
In retrospect, what seemed like a small purchase has gone down in history as the most expensive pizza order ever made.
To put it in context: with Bitcoin at today’s prices, Hanyecz’s spent crypto could now buy more than 53 million pizzas, assuming each costs about $20.
While some view Hanyecz’s move as a costly mistake, it was a pivotal moment that helped establish Bitcoin as a legitimate means of payment.
Industry experts widely regard this transaction as the first real-world use of Bitcoin to buy a tangible product.
It was a turning point that transformed Bitcoin from a theoretical digital asset into a functioning medium of exchange—proving that decentralized, peer-to-peer digital payments were both viable and valuable.
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