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As BTC Price Reaches $8,000, ‘Bitcoin Pizza Guy’ Could Have Had $800 Mln

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As BTC Price Reaches $8,000, ‘Bitcoin Pizza Guy’ Could Have Had $800 Mln
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Contents

“60 Minutes”, one of the most popular TV shows in America that is hosted by Anderson Cooper, recently aired a cryptocurrency-centric episode that is called “Bitcoin’s Wild Ride.” It featured an interview with Bitcoin evangelist Charlie Shrem, industry experts and, of course, Laszlo Hanyecz who is commonly known in crypto circles as ‘Bitcoin Pizza Guy.’

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The worst investment of all times?

Hanyecz was the absolute highlight of the episode. He is believed to make the very first real-world purchase with the help of Bitcoin - he spent 10,000 BTC on two Papa John's pizzas in 2010. This transaction is celebrated as Bitcoin Pizza Day on May 22.   

However, that historic event is outshadowed by the fact that these two pizzas were worth an eye-popping $800 mln. This is probably one of the worst investments of all times, but Hanyecz thinks that it wouldn’t be healthy for him to focus on his lost fortune.       

Anderson Cooper: Are there nights you wake up, like, in a cold sweat, where-- you-- (CHUCKLE) think-- "I could have had 800 million dollars if I hadn't bought those pizzas?"

Laszlo Hanyecz: I think thinking like that is-- is not really good for me.
 

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Spreading the word

Bitcoin’s Google searched reached their 13-month peak ahead of the episode, which signifies the interest of the general public. Some expected that it would lead to a price uptick given that many potential investors will find out about crypto while others claimed that CBS would simply spread FUD about Bitcoin.  

With that being said, it seems like the episode had very little impact on the Bitcoin price. At press time, the crypto king is trading at $8,015.23 with a minor 1.43 percent increase over the last 24 hours, according to CoinMarketCap data. The ‘crypto king’ quickly rebounded after plunging by more than 20 percent on May 17 and painted the whole market red.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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