Man Pays $26 Million Dollars for Pizza Delivery: Why Blockchain Matters to You

Why Blockchain Matters to You: Man Pays $26 Million Dollars for Pizza Delivery

In today’s parlance, this headline would probably be considered high quality fake news. It does, however, have some accurate underpinnings and is an eye-opening example of the emerging power of the blockchain and why blockchain matters.

In May of 2010, an early bitcoin supporter named Laszlo posted on a forum an offer to pay 10,000 bitcoins to anyone who would deliver pizza to his Florida home. It took a few days but his offer was accepted and pizza was delivered. At the time, 1,000 BTC was valued at $41. Given the price of a bitcoin as I write this post, if Lazlo spent the same number of bitcoins today for pizza it would have cost him the equivalent of $26,000,000. Quite incredulous.

The majority of people today do not understand what a bitcoin is and even fewer have heard of the blockchain.

Continue reading the full article here.

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We’re already sitting wherever you’re placed in the enterprise technology landscape: ERP, SaaS, security, big data, AI, etc. Between corporate communications, public relations, and integrated marketing, we can help your business thrive in an increasingly complex world.

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Spark has worked with the startups, executives, and enterprises that brought about the new technologies and services that changed way we all live over the past 20 years. While the last two decades have certainly been exciting, it’s never been more important to find the right audience and narrative to illustrate how your story will transform the world and improve the human experience.