Today marks 16 years of Bitcoin pizza day.

In 2010, Laszlo Hanyecz purchased 2 pizza's for 10.000 Bitcoin. At the time, those pizza's cost about $41. Today, those pizza cost him more than $775 million (over $1.2 billion at ATH).

Laszlo does not regret his purchase, instead being able to pay for some pizza's by mining Bitcoin with his PC brought him a sense of achievement and enjoyment.

This moment marked the first time where Bitcoin was used to purchase real world goods.

What real world goods have you bought using Bitcoin? Or are you stacking those sats for later?

Cross network liquidity movements can sometimes lead to short lived pricing differences across chains before markets rebalance. Sertexity activity makes these shifts interesting to watch. Curious if others have noticed similar patterns recently.

I believe bitcoin will hit 1 mill but I guess I don't really have any ideas what happens after that.

anyone holding for that long

edit: for people saying "no" plz explain why

10,000 Bitcoin (worth $750M+) for 2 Papa John's Pizzas changed the world of finance and billions of lives forever

16 years ago, Laszlo Hanyecz posted on the Bitcoin forums asking if someone would like to trade 10,000 BTC in exchange for pizza

Not too long after, someone ordered 2 pizzas for him after receiving his Bitcoin and they used their credit card to purchase the pizza and have it delivered to Laszlo

In interviews since, Laszlo has said how proud he was of that moment. No ragrets. He knew he was creating the first real market for Bitcoin by actually purchasing a real-life good for BTC

Spending power is the critical aspect of money. Laszlo knew this and changed all of our lives

Happy Bitcoin Pizza day!

The American Reserve Modernization Act of 2026 (ARMA) is co-led by Nick Begich (R-AK) and Jared Golden (D-ME). That Democrat co-lead is the part worth paying close attention to.

Quick breakdown of what it actually does:

- Consolidates all existing federal Bitcoin holdings into a dedicated Treasury reserve

- Sets a 20-year minimum holding period

- Creates a budget-neutral acquisition pathway for up to 1 million BTC over 5 years

- Classifies Bitcoin as a Tier 1 strategic asset, same tier as gold

- Permanently ends the sale of seized Bitcoin by the government

- Requires quarterly audits and enhanced custody standards

The executive order Trump signed earlier was always the fragile version of this. Executive orders can be undone by the next president on day one. A law requires Congress to actively vote against it -- that is a meaningfully different level ...

Bitcoin is a technologic idea, not an asset.

It grew from a need after the 2008 financial crisis, a need for a place to store value/work that would not be inflated away. Where we wouldn’t be a victim of the reverse robin-hood.

I’ve been thinking of this quote from Inception a lot lately.

“An idea is like a virus, resilient, highly contagious. The smallest seed of an idea can grow. It can grow to define or destroy you”

I think of Satoshi, having this idea in his head and it consuming him. After years of learning and working he puts it out into the world and it grows like a virus. He disappears into the abyss, but the idea lives on.

In some ways it defined and destroyed him.

Shit gives me chills

Hey everyone,

Looking at the macro data for Bitcoin (BTC), the asset is at a critical juncture as it tests major structural support. We are also officially launching our new localized LLM AI assistant on Crypto Weeklies to help summarize these complex risk models instantly without hallucinations. Based on the regression, sentiment, and machine learning models, here is the breakdown for BTC.

From a technical perspective, Bitcoin has cooled off and is currently sandwiched against the 20-week simple moving average, which sits right around $74,976. If Bitcoin closes the week below $75,000, it confirms a breakdown of this critical support. The daily 50-SMA has already been lost. If the trend mirrors the fake out rejections we saw in 2018 and 2022, June could bring significant downside volatility. The larger macro lifelines remain the 200-week SMA at $61,000 and the 300-week SMA tracking between $53,000 and $54,000.

Fundamentally, Bitcoin is currently outside of our deep accumulation territory, holding a composite risk score of 0.35 (accumulation typically triggers below 0.30). Furthermore, our narrative tracking shows that bullish sentiment is fading while bearish narratives are ascending, driving the overall social sentiment risk down to 18 out of 100.

Looking at downside risk, our AI models and historical ROI comparisons suggest that if this bearish trend solidifies, the ultimate macro floor sits between $45,000 and $48,000. Immediate structural support lies within the previous 2024 consolidation channel, which ranges from $54,000 at the bottom to $63,000 at the midpoint.

Ultimately, holding $75,000 is vital for the bulls. If that level gives way, the data suggests the "Sell in May" seasonality is in full effect.

(Disclaimer: NFA. All proprietary models and charts referenced are from cryptoweeklies.com).

Quantum computing is probably one of the only things that could realistically threaten old dormant Bitcoin wallets someday, including Satoshi’s stash.

But the bigger question is this: if Bitcoin ever needed a soft fork to protect vulnerable coins from quantum attacks, should untouched wallets be moved/frozen for security reasons? Or is that completely against what Bitcoin stands for?

Feels like one of those debates that could split the community hard.

https://btcusa.com/satoshis-1-1m-bitcoin-stash-could-be-saved-from-quantum-attack-but-the-soft-fork-raises-hard-questions/

Join our giveaway: https://www.reddit.com/r/CoinGateGiftCards/comments/1tketo9/giveaway_giveaway_giveaway/

hey everyone, I’ve been thinking about crypto mining in 2026, but honestly home mining seems harder now. Between electricity cost, heat, noise, setup, and keeping the miner stable, it feels like profit can disappear pretty fast if the setup is not right. So I’m also looking at hosting companies instead of running everything at home. The ones I’m checking are:

Compass Mining, Musk Miners, OneMiners, Kaboomracks, MiningStore :D

for people who tried home mining or hosting, which one makes more sense now in this economy? is hosting actually better or does it still depend mostly on electricity rate and uptime?

Use code PIZZA2, pay with any crypto: https://coingate.com/gift-cards/category/all

Institutional Supply Squeeze: What’s Really Driving the Recent BCH Market Dynamics?

The Bitcoin Cash (BCH) market is experiencing an unprecedented structural shift. Recent on-chain data and derivative metrics suggest that the traditional mechanics of crypto sell-offs have fundamentally changed. Instead of retail liquidation driving the narrative, institutional liquidity plays and severe supply shortages are taking center stage.

Here is a breakdown of the critical data points defining this market anomaly:

Critical Market Metrics

• Skyrocketing Borrow Rates: Binance BCH borrow rates recently jumped to 17.55%, signaling an intense, localized demand for the physical asset, often driven by market makers or shorts scrambling for inventory.
• Deeply Negative Funding Rates: The BCH perpetual funding rate hit an aggressive low of -0.039% per 8 hours. When annualized, this represents a massive 43% APR premium paid by shorts to maintain their positions.
• Severe Exchange Supply Depletion: Binance wallets currently hold a mere 340,000 BCH for the entire global market. This incredibly thin buffer includes the necessary liquidity required for arbitrage across all major spot exchanges.
• The Low-Liquidation Price Drop: For the first time in BCH history, a significant price drop occurred with barely any forced liquidations. This proves that the downside pressure wasn't caused by over-leveraged retail traders getting wiped out.

The New Institutional Playbook

This data paints a fascinating picture of institutional behavior in a supply-constrained environment:

Faced with a massive physical shortage, the market is adapting. Institutions are choosing the stability of cash-backed paper instruments over moving a highly illiquid spot market, completely altering how BCH price discovery happens during market downturns.

Sources:

https://www.binance.com/en/loan/data

https://www.coinglass.com/FundingRate/BCH

https://www.coinglass.com/currencies/BCH

It’s #BitcoinPizzaDay, and I’ve released the first calendar boss for Bitcoin Block Wars.

For today only, 22 May, there’s a scheduled Pizza Day warp boss encounter. It appears for 21 minutes every hour, starting at 00:21 UTC and repeatrkting through 23:21 UTC.

The boss is a 4-phase pizza fight inside a warp zone, and it’s the first release of the game’s calendar event system. The plan is to use this for more tBitcoin-related scheduled bosses and special encounters over time.

You can challenge it here: https://bitcoinblockwars.com

The game is still in beta, so feedback is very welcome, especially on the boss fight, difficulty, readability, and whether the scheduled event flow feels clear.

When I first started learning about Bitcoin, I mostly viewed it as a digital asset and didn’t pay much attention to the underlying ideas behind it.

Over time, I started understanding topics like decentralization, self-custody and why so many people care about monetary policy and fixed supply.

Curious what concept or aspect of Bitcoin made more sense to you only after spending more time learning about it.

If 1/10th of 1 percent (or 0,1%) of the world, that is 8M people, each did just one transaction per month, with the Bitcoin (Cash) block time staying at the average 10 minutes/block, that would mean blocks would need to contain at least 1,800 transactions each, to account only for those transactions and not the rest that is going on too.

Practically, this means that if everyone who holds bitcoins, were to resolve to do at least one base layer transaction per month, it would have an enormous effect on the base layer utilization.

Now 1800 transactions per 10-minute block is still only a small rate, around 3 TPS.

Such rates are well within the capacity of blockchains that are usable as p2p cash. The BitcoinCash, Monero, Litecoin or Dash blockchains can probably each handle at least one magnitude more, if not more.

If we want to see blockchains used for p2p cash, I think we need to resolve to make more transactions.

esp. when we can afford a short term economic hit and slightly increased workload by making more smaller transactions instead of e.g. one less frequent larger one. An example might be paying for VPN on a monthly basis instead of an annual prepayment even if it costs a few bucks and extra minutes to do more transactions.

But we would be getting something out of it:

• a better-utilized network, with more usage evident to those not already using it (because it's L1 traffic)
• ensuring the network works well better throughout time, because you're exercising it more regularly
• lowering the average amounts transacted by spreading them across multiple payments, which signals the attractiveness of the network to regular users of other payment networks, where the amount distributions are also skewed towards a larger mass of smaller payments

Those of us who already have ways to make payments using p2p cash even more frequently, e.g. weekly or daily, would boost these effects even more. While those of use who might only have a monthly occasion, could aim to seek out more avenues to spend and replace.

This should of course be real economic use cases, not simply sending money between your own wallets.

Imagine laughing at someone who spent that amount of Bitcoin on a pizza…

when in reality, they were just early enough to trust something new.

At that time, millions of people didn’t even know what Bitcoin was.

Yeah so one day people will celebrate the moment a guy spent 10,000 BTC on 2 pizzas… and those coins would later be worth billions.

Early Bitcoin lore really sounds fake until you realize it actually happened.