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January 2, 2016 02:00 pm GMT
The most epochal financial transaction of this century, to date, occurred on May 22, 2010. It did not involve Wall Street, or the City of London; it took place in Jacksonville, Florida. It did not feature collateralized debt obligations, or credit default swaps. It was a purchase of two Papa John’s pizzas, in exchange for a payment whose present value currently exceeds US $4 million. Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/vFnup-YiLR0/
Why Bitcoin Matters
The most epochal financial transaction of this century, to date, occurred on May 22, 2010. It did not involve Wall Street, or the City of London; it took place in Jacksonville, Florida. It did not feature collateralized debt obligations, or credit default swaps. It was a purchase of two Papa John’s pizzas, in exchange for a payment whose present value currently exceeds US $4 million. Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/vFnup-YiLR0/
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