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Litecoin Cash used to purchase first pizza.

purchase pizza with cryptocurrency

Litecoin Cash

I think the internet is going to be one of the major forces for reducing the role of government. The one thing that’s missing but that will soon be developed, is a reliable e-cash.”
— Professor Milton Friedman
TENERIFE, SPAIN, April 9, 2018 /EINPresswire.com/ -- On May 22, 2010, a developer bought two pizzas using 10,000 units of a then-little-known digital currency called bitcoin.

Today, the price of a single bitcoin has hit $7,000 — making 10,000 of them worth a staggering $70 million.

Bitcoin is going nuclear. Just a year ago, it was trading at less than $750, after deflating from what was then seen as the giddy highs of about $1,100 (£847) in late 2013. It has since embarked on an epic rise.

“10k is a seminal moment for bitcoin and cryptocurrencies in general,” CryptoCompare CEO Charles Hayter said in an emailed statement, “highlighting the supernormal returns and speculative like nature of the industry as well as the potential and growing adoption.”

The digital currency has come a long way since 2010, when the purchase of the two Papa John’s pizzas by Laszlo Hanyecz from another bitcoin enthusiast marked what is believed to be the first “real-world” bitcoin transaction.

Today on April 9, 2018 a pizza was purchased by using exclusively Litecoin Cash. Litecoin Cash is a fast, cheap SHA256 coin with good difficulty adjustment. SHA256 miners have little practical choice of hashpower destination, and if they do mine blocks they’re being paid in a currency with 10 minute block times.

We believe we can offer an excellent SHA256 coin for general usage. We love Litecoin, and wanted to give something to the brave hodler community. With everyone else too busy forking Bitcoin, we decided that the Litecoin blockchain was a perfect means of initial distribution for our coin.

We are looking forward to increase our merchant directory, and if you are interested please let us know.

Michael "Scarlet" Wyszynski
Litecoin Cash Foundation
+34 660 940 716
email us here

Litecoin Cash interview