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Author Topic: Don't trade your Bitcoin like Laszlo Hanyecz  (Read 744 times)
blatchcorn
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May 31, 2022, 05:21:13 PM
 #81

Exactly! Use Bitcoin as a currency, spend it, earn it, save it. Adoption is what can make Bitcoin grow.
Laszlo didn't spend all his Bitcoin on pizza, he had enough left. Bitcoin wouldn't be worth much if only a few guys would have kept all of it for themselves.

Advancements in technologies are rearly welcomed in the start. Every new technology in start was taken as for granted. I don't know whether the pizza guy has kept that bitcoin or he no more owns them. It is estimated that lots of bitcoin are gone forever and can't be used by anyone because of there owner negligence in the start.
sklopan
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May 31, 2022, 05:52:23 PM
 #82

Come on you give negative examples. I think that mistakes are common to all of us, so you should not worry too much about this. It is better to analyze them and look for solutions.
darkangel11
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June 01, 2022, 08:15:03 PM
 #83

Laszlo was  actually the first person who demonstrated that bitcoin can actually be used as a currency and it was the spark that ignited the fire and rest is history.
SO i acknowledge this man for giving us proof of what others only believe is possible

How many of us could say that they wrote articles about our achievements, interviewed us and that there's a special day named after what we did? I think that what he did was worth the money spent on it. 10 years from now people will still remember and celebrate it.
savetheFORUM
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June 03, 2022, 08:59:36 AM
 #84

When he sold his Bitcoin for pizza he would have thought that he is on the right track and so lucky but time was able to prove him wrong.
On the contrary, he proved to be correct and bitcoin is used as a means of payment and you can even live of it and that was the whole point of his bitcoin for pizza transactions.

Hold your coin and keep it save, time might gives you a triple value.
If those early bitcoin adopters thought the same, 99.99% of us woulnd't be here as no one outside of handful of cyprephunks and enthusiasts would never hear about Bitcoin. With that in mind, I would say to hold majority of your coins, but also spend it from time to time.
This is what I always try to convey to people. The extreme utility of buying a pizza for someone who is not even in the same nation as you, allowing you to pay with bitcoin, and then that person will pay with credit card, and send a pizza  to you, is the peak bitcoin adoption that made bitcoin so popular. Laszlo may have as much contribution to crypto world as Satoshi, or at least Vitalik.

Believe me, without him paying 10k for that 2 large pizzas, there wouldn't be bitcoin as we know it today, it would still be here, but it would probably not be as popular as today. He is the hero that we mock, but the hero we needed in order to save us from the fiat slavery.
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