Beware of robber banks (RB), bad advisors.
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Bitcoin's surge beyond $60,000 means that famed programmer Laszlo Hanyecz effectively paid $316 million for two pizzas
Programmer Laszlo Hanyecz has become well known in crypto circles after making headlines for trading 10,000 bitcoin for two Papa John's pizzas on May 22, 2010. The day is now known as "Bitcoin Pizza Day" and is the most celebrated day in the crypto world, as Insider previously reported. Thanks to Saturday's record-breaking price of $60,000, Hanyecz's stash would now be worth $316 million (or £40 million, per Sky News.) The cryptocurrency, which boasts a market capitalization of more than $1.1 trillion, has been buoyed by investor optimism. President Joe Biden signed a $1.9 trillion pandemic-relief bill into law ... (full story)