That mainstream adoption that everybody has been waiting for, it's about to get real. Bitcoin is being featured on a CBS 60 Minutes segment this weekend, and it's a bigger spotlight than the industry has thus far seen.
Anderson Cooper interviews Laszlo Hanyecz, who is also known as the "bitcoin pizza guy." When mainstream America hears about how one early BTC investor blew (depending on how you look at it) a total of 100,000 bitcoins on mostly pizza, an amount that would be worth $800 million at today's price, they're either going to jump in head first or run for their lives. The pizza guy is also a hero for proving that everyday transactions using bitcoin could be successful at such an early and critical stage.
You've probably heard the bitcoin pizza guy's story, but it is a lot different when you hear him tell it himself. Hanyecz is famous for purchasing the first pizzas with BTC back in 2010, but he's infamous for spending 10,000 bitcoins to do it. There's even a day named after the transaction – May 22 is "Bitcoin Pizza Day" in crypto land. In all, he says he doled out some 100,000 bitcoins on pizza and more. At the time, the bitcoin price was trading for less than one cent. Today, the bitcoin price is hovering at nearly $8,000. That will take the sting out of today's minor 4% decline.