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Cryptorank

This Guy Beats Bitcoin Pizza Day: Costly Gaming Lesson


by Wahid Pessarlay
for Coinspeaker
This Guy Beats Bitcoin Pizza Day: Costly Gaming Lesson

An anonymous Macedonian dentist, who goes by Darko to stay private, claims he used Bitcoin BTC $104 744 24h volatility: 0.7% Market cap: $2.08 T Vol. 24h: $24.82 B earlier than the Bitcoin Pizza Day.

In an interview with Balkan Investigative Reporting Network (BIRN), Darko said that he used to compete for prizes in Bitcoin at the multiplayer online battle game DotA in the late 2000s.

“I was an 18-year-old kid; I didn’t take it seriously,” he added.

Darko, who is now a 35-year-old dentist, says he spent “10 or 20” BTC every month to purchase video games when he was a teenager.

However, competing for prizes doesn’t mean that Darko got paid to play DotA. The original DotA was a custom mod for Warcraft III, developed by the community, with no built-in payment systems. In simple terms, he was likely competing for informal community prizes.

Darko completely forgot about his Bitcoin spending until 2016, when he opened a dental clinic, and heard an employee pointing at mining digital gold.

If Darko’s claims are true, he and the DotA community were likely the first real-world Bitcoin users.

This would beat the Bitcoin Pizza Day, which happened on May 22, 2010, as the first documented real-world BTC transaction — programmer Laszlo Hanyecz paid 10,000 BTC to purchase two pizzas.

The historic transaction would now be worth over a billion dollars.

Despite the very early Bitcoin adoption from the country’s gamer community, North Macedonia still lacks a clear legal framework for cryptocurrencies.

Without clear rules, investors feel unsure, and this slows down the growth of crypto in the country.

The post This Guy Beats Bitcoin Pizza Day: Costly Gaming Lesson appeared first on Coinspeaker.

Read the article at Coinspeaker

Read More

IBIT Bitcoin ETF Becomes BlackRock’s Most Profitable Fund, Nears $100B Milestone

IBIT Bitcoin ETF Becomes BlackRock’s Most Profitable Fund, Nears $100B Milestone

BlackRock’s iShares Bitcoin Trust (IBIT) has become the firm’s most profitable exchan...
Spot Bitcoin ETFs Record 2nd Best Weekly Inflows Ever, Bloomberg Analysts Bullish

Spot Bitcoin ETFs Record 2nd Best Weekly Inflows Ever, Bloomberg Analysts Bullish

Spot Bitcoin ETFs saw nearly $3.3 billion in net inflows last week, the 2nd largest i...

This Guy Beats Bitcoin Pizza Day: Costly Gaming Lesson


by Wahid Pessarlay
for Coinspeaker
This Guy Beats Bitcoin Pizza Day: Costly Gaming Lesson

An anonymous Macedonian dentist, who goes by Darko to stay private, claims he used Bitcoin BTC $104 744 24h volatility: 0.7% Market cap: $2.08 T Vol. 24h: $24.82 B earlier than the Bitcoin Pizza Day.

In an interview with Balkan Investigative Reporting Network (BIRN), Darko said that he used to compete for prizes in Bitcoin at the multiplayer online battle game DotA in the late 2000s.

“I was an 18-year-old kid; I didn’t take it seriously,” he added.

Darko, who is now a 35-year-old dentist, says he spent “10 or 20” BTC every month to purchase video games when he was a teenager.

However, competing for prizes doesn’t mean that Darko got paid to play DotA. The original DotA was a custom mod for Warcraft III, developed by the community, with no built-in payment systems. In simple terms, he was likely competing for informal community prizes.

Darko completely forgot about his Bitcoin spending until 2016, when he opened a dental clinic, and heard an employee pointing at mining digital gold.

If Darko’s claims are true, he and the DotA community were likely the first real-world Bitcoin users.

This would beat the Bitcoin Pizza Day, which happened on May 22, 2010, as the first documented real-world BTC transaction — programmer Laszlo Hanyecz paid 10,000 BTC to purchase two pizzas.

The historic transaction would now be worth over a billion dollars.

Despite the very early Bitcoin adoption from the country’s gamer community, North Macedonia still lacks a clear legal framework for cryptocurrencies.

Without clear rules, investors feel unsure, and this slows down the growth of crypto in the country.

The post This Guy Beats Bitcoin Pizza Day: Costly Gaming Lesson appeared first on Coinspeaker.

Read the article at Coinspeaker

Read More

IBIT Bitcoin ETF Becomes BlackRock’s Most Profitable Fund, Nears $100B Milestone

IBIT Bitcoin ETF Becomes BlackRock’s Most Profitable Fund, Nears $100B Milestone

BlackRock’s iShares Bitcoin Trust (IBIT) has become the firm’s most profitable exchan...
Spot Bitcoin ETFs Record 2nd Best Weekly Inflows Ever, Bloomberg Analysts Bullish

Spot Bitcoin ETFs Record 2nd Best Weekly Inflows Ever, Bloomberg Analysts Bullish

Spot Bitcoin ETFs saw nearly $3.3 billion in net inflows last week, the 2nd largest i...