GM. This is Milk Road, your own personal crypto chef. And we only cook up the lip-smacking, finger-licking-good stories that’ll leave your brain satisfied.
Here’s what we’re serving up today:
- Happy Bitcoin Pizza Day! 🍕
- Crypto Market Movers 👀
- From Game Boys –> Hardware Wallets 🍪
Today’s edition is brought to you by Spritz – they let you pay bills with any token, directly from your Wallet. Start using Spritz here today! 💵
Today is a historic day…Bitcoin Pizza Day. The second-best national food holiday behind Chocolate Milkshake Day.
It’s a big day because:
- It was the first time someone made a “real world” purchase using Bitcoin
- It’s the craziest trade ever: 2 pizzas for 10,000 BTC (worth ~$270M at today’s prices)
Here’s the story in 3 parts.
PART 1: THE DEAL
Back in 2010, a Bitcoin developer named Laszlo Hanyecz made a public offer:
He’d give anyone 10,000 Bitcoin if they brought him 2 large pizzas to his home in Florida. It could be homemade, or it could be delivered from a local pizza place.
At the time, 1 BTC = ~$0.0041. (Still worth 5 figures, but the zeroes are in the wrong place.)
So 10,000 BTC = ~$41.
But nobody took him up on the offer… *crickets*… until…
PART 2: THE CONTENDER
A broke 19-year-old college student from California stepped up to the occasion.
Meet Jeremy Sturdivant.
Jeremy did what any broke college student would do: find a way to make it happen.
(Remember, $41 = 41 cups of noodles – food for a whole month in college!)
So Jeremy hit up the local Papa Johns in Florida to order 2 large pizzas and have them delivered to Laszlo.
PART 3: THE DELIVERY
On May 22, 2010, Laszlo finally got his pizza.
The craziest part? This wasn’t the only Bitcoin Pizza offer Laszlo made.
In fact, he says he spent a total of ~100,000 BTC (worth ~$2.7B) just on pizza in the summer of 2010.
That’s what I call the summer diet of champions.
So in honor of Laszlo and Jeremy (legends) – we’re gonna send some people a Bitcoin pizza today.
Just look at the menu (here) and tweet your order to us @milkroaddaily. We’ll pick a few lucky winners.
There are three things the Milk Man hates more than spoiled milk: Transfer fees, processing times, and having to sell his crypto.
And what do these three have in common? They involve centralized exchanges.
Well, Spritz is your ticket to going bankless. Spritz allows you to off-ramp or pay bills with any coin or token, straight from your wallet. You can even load your SpritzCard to make purchases anywhere that accepts Visa!
Here’s how Spritz works:
- Add your bills, bank account, or create a SpritzCard in their web app and connect your preferred wallet
- Start a transaction and pick which crypto you want to pay with – whether it’s $PEPE $ETH, $BNB, $MATIC, or $USDC. They accept any token across 6 major networks
- Confirm the transaction in your wallet. And boom, that’s it!
Take a sip of Spritz today and get $50 added to your SpritzCard when you load it with $50, plus $10 for every bill you add! Terms apply.
CRYPTO MARKET MOVERS 👀
Keeping up with crypto prices is hard.
(Some say it’s even harder than Keeping Up With The Kardashians.)
Lucky for you, the Milk Man has been keeping a close eye on prices over the last week. Here are a few tokens that popped up on his radar:
We got 2 winners and 1 loser.
2 WINNERS
1/ NUM is up 97% over the last 7 days.
What is it? Numbers Protocol makes digital media traceable and verifiable through its blockchain.
Why’s it up? With the rise in media created by humans (and A.I.), the Numbers Protocol has been getting some attention.
2/ RNDR is up 35% over the last 7 days.
What is it? Render Network offers decentralized GPU-based solutions.
Users can leverage idle GPUs at a fraction of the cost of in-house solutions, and developers can earn extra money for registering their idle GPUs to be used.
Why’s it up? Metaverse and VR-related tokens are all up over the last week with the news of Apple launching its new VR headset next month.
There are also rumors that developers on the new Apple VR headset could use the Render network.
1 BIG LOSER
1/ TORN is down 32% over the last 7 days.
What is it? Tornado Cash is a decentralized crypto mixer that lets users make anonymous crypto transactions.
Why’s it down? Over the weekend, Tornado Cash was hacked. The attacker was able to gain total control over the governance of the crypto mixer (i.e. they were in “God Mode.”)
Sheesh, talk about a rough few months for Tornado Cash:
- It got sanctioned by OFAC (AKA it’s on the U.S. government’s “Naughty List.”)
- The Tornado Cash founder got thrown in jail.
- Now it’s getting hijacked by hackers.
Who knows if Tornado Cash will ever recover. We’re pouring our milk out for a fallen homie…
Sotheby’s successfully sold $2.5M worth of NFTs from the 3AC collection. One of the NFTs (Fidenza #725) sold for over $1M. Wowza.
People can now turn any Nintendo Game Boy into a hardware wallet. Holy nostalgia.
Pudgy Penguins dropped a new “Phygital” toy collection on Amazon. Over 20,000 toys were sold for $500K+ within the first 48 hours.
Hotbit announced it will be halting operations as of today. The crypto exchange has urged users to withdraw funds before June 21. Another one bites the bust.
A wife found her husband’s BTC stash amid divorce proceedings. The wife hired a forensic accountant and found her husband was hiding $500K+ worth of crypto. Never a dull moment in crypto 😂
HIT THE INBOX OF 250K+ CRYPTO INVESTORS
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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
