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Bitcoin pizza day wikiMeet the man who spent millions worth of bitcoin on pizza - 60 Minutes - CBS News
At the end of a volatile week in the stock market, "60 Minutes" examines the even wilder financial world of Bitcoin and other cryptocurrencies. The story, reported by Anderson Cooper, includes the first television interview with the legendary "Bitcoin pizza guy," Laszlo Hanyecz.
On May 22, , Hanyecz traded 10, Bitcoin for some pizza in what is widely believed to be the first real-world transaction involving Bitcoin. Each year, on May 22, Bitcoin enthusiasts all over the world celebrate "Bitcoin Pizza Day" to mark the event. Bitcoin then was worth less than a penny. Hanyecz, a computer programmer who lives in Florida, told Cooper he made a number of other trades after the pizza. In all, he estimated that he spent , Bitcoin on a number of items, much of it on pizza. Bitcoin is a digital computer-based currency that is not backed by any government or bank.
Its records are maintained by a global network of computers known as "mines," and its value is based on the free market. In all, he estimated that he spent , Bitcoin on a number of items, much of it on pizza. Bitcoin is a digital computer-based currency that is not backed by any government or bank. Its records are maintained by a global network of computers known as "mines," and its value is based on the free market.
It can be bought and sold for dollars through businesses called "exchanges. For the "60 Minutes" report, Cooper visited a cryptocurrency "mine" in Iceland. He also visited the Federal Reserve in Washington D. Treasury stand behind [the dollar]," says Brainard. Recent Segments Igor Levit: Pianist streaming performances from his living room. Podcast helps save Curtis Flowers from death row.