My first pizza purchase using Bitcoin in lightning network

nullama

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Quote from: alastantiger on March 18, 2023, 02:41:21 PM

This sounds pretty interesting. I am yet to fully grasp the lightning network is all about, although I learned that just like the name sound, transactions done on the network are close to the speed of light. Hopefully I will have the opportunity to use it someday in making a purchase or payment for a service. But until then, the pizza looks yummy. This unrelated though but this story kinda reminds me of that guy who paid his pizza with 10 bitcoin.

Lightning is awesome for small purchases, but I would still not put a considerable amount of Bitcoin in there. The only bitcoin I trust is the one in the blockchain.

alastantiger

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This sounds pretty interesting. I am yet to fully grasp the lightning network is all about, although I learned that just like the name sound, transactions done on the network are close to the speed of light. Hopefully I will have the opportunity to use it someday in making a purchase or payment for a service. But until then, the pizza looks yummy. This unrelated though but this story kinda reminds me of that guy who paid his pizza with 10 bitcoin.

Lillominato89

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Quote from: romero121 on March 17, 2023, 04:52:10 PM

Quote from: Lillominato89 on March 17, 2023, 04:46:21 PM

Quote from: Helena Yu on February 25, 2023, 09:54:34 AM

Have you ever bought a pizza using Bitcoin in lightning network? Wink

no, unfortunately where I live bitcoins are not accepted as an alternative payment method, living in a very small town the chances of being able to do so are close to absolute zero! in the big cities near me there are some shops that accept bitcoin payments but I don't know if they accept lightning, never tried it but I intend to do it soon

Bitcoin acceptance is accumulated within specific region. This needs to get widen and it is possible only through you and me. Everyone who are part of the bitcoin community need to start accepting bitcoin into the business owned by them. This will create awareness as well as let more stores have bitcoin acceptance. With most businesses, they fear of accepting bitcoin just for legal issues as the governments haven't officially announced the legality of cryptocurrency usage within the country.

unfortunately in Italy few people know of the existence of bitcoin which can be used as an alternative payment, the government has never legally recognized bitcoin as a payment method and we would hardly have a turnaround on this topic in the short term. for the rest I agree with you, if everyone worked to accept bitcoin, knowledge and use of it would expand

lalabotax

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This is definitely one of the most impressive security measures, spending Bitcoin to buy pizza. This means Bitcoin seems to be commonplace in the area and there's nothing against it. The use of Bitcoin as a means of payment is still being debated in various countries. therefore, if there is an experience like this and there are merchants that accept Bitcoin, it will be very interesting, right?

goldkingcoiner

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People can say whatever they like, but when pizza is purchased with Bitcoin, it tastes that much better Grin

I think that if more pizza places would accept Bitcoin, they would see a nice way to market their business, seeing as pizza and Bitcoin have a sort of tradition among the community. In fact, I would even go as far as to say that any business that accepts Bitcoin would be favored over a business that does not. Simply out of respect and love for Bitcoin.

But I guess not many people see the marketing opportunity yet.

romero121

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Quote from: Lillominato89 on March 17, 2023, 04:46:21 PM

Quote from: Helena Yu on February 25, 2023, 09:54:34 AM

Have you ever bought a pizza using Bitcoin in lightning network? Wink

no, unfortunately where I live bitcoins are not accepted as an alternative payment method, living in a very small town the chances of being able to do so are close to absolute zero! in the big cities near me there are some shops that accept bitcoin payments but I don't know if they accept lightning, never tried it but I intend to do it soon

Bitcoin acceptance is accumulated within specific region. This needs to get widen and it is possible only through you and me. Everyone who are part of the bitcoin community need to start accepting bitcoin into the business owned by them. This will create awareness as well as let more stores have bitcoin acceptance. With most businesses, they fear of accepting bitcoin just for legal issues as the governments haven't officially announced the legality of cryptocurrency usage within the country.

Lillominato89

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Quote from: Helena Yu on February 25, 2023, 09:54:34 AM

Have you ever bought a pizza using Bitcoin in lightning network? Wink

no, unfortunately where I live bitcoins are not accepted as an alternative payment method, living in a very small town the chances of being able to do so are close to absolute zero! in the big cities near me there are some shops that accept bitcoin payments but I don't know if they accept lightning, never tried it but I intend to do it soon

nimogsm

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There are no pizzerias in my city that accept Bitcoin for payment.But there are several establishments where you can pay with cryptocurrency directly in the cafe for your food.A few years ago in my city it was possible to order sushi home and pay for the order with a crypt and their business did not last so long, they worked for less than a year since they were not a network institution.Recently,more and more businesses have been connecting to the possibility of paying with cryptocurrency for their goods or usulug,and this is cool.

Plaguedeath

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Quote from: nullama on February 26, 2023, 09:42:11 PM

Quote from: Del137 on February 26, 2023, 05:20:18 AM

I think in 30 years you will regret it.

You need to live though, and not spending money to buy food will not allow you to be alive in 30 years.

I think it's better to be alive than dead with Bitcoin.

It doesn't even close to 30 years, without foods you're only survive for a month Cheesy

If he's saying spend Bitcoin to buy a pizza is wasting money, he should realize he's also buy foods with his money, where the money can be used to invest Bitcoin lol. No one should regret if they spent Bitcoin to buy a thing because that's what Satoshi Nakamoto's aim to create Bitcoin, it's used as a currency.

nullama

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Quote from: Del137 on February 26, 2023, 05:20:18 AM

I think in 30 years you will regret it.

You need to live though, and not spending money to buy food will not allow you to be alive in 30 years.

I think it's better to be alive than dead with Bitcoin.

Casdinyard

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Quote from: Helena Yu on February 25, 2023, 09:54:34 AM

5 years ago or February 25, 2018 was the first pizza purchase using Bitcoin in lightning network by Laszlo Hanyecz, that's make me interested for me to buy a pizza using Bitcoin in lightning network too. Then I search a pizza restaurant which accept Bitcoin payment, however they only accept Bitcoin on-chain network. Actually I can just pay it since I have Bitcoin on-chain network, but I take a challenge for only pay in lightning network. Surprisingly they're still don't know the existence of lightning network, it took me for 10-15 minutes to explain them and ask to install a lightning network wallet e.g. Bluewallet since this wallet is really easy to use.

So I ordered a pizza with black olive topping, it's cost for $6 or 25,740 Satoshis. When I have pay it, they're quite shocking because the fee is very very low. After that, they saying they have a plan to accept Bitcoin in lightning network payment because it will help the customer to not get charged for higher fees and they do get the same benefit too.

Have you ever bought a pizza using Bitcoin in lightning network? Wink

You have cajones of steel for imploring the store to adjust upon your preferred payment method OP, not that it's a bad thing. Glad that you were able to try purchasing stuff or services using bitcoin yourself which is something that I wouldn't see myself doing because of the fact that I'm afraid of ever spending bitcoins outright. In any case, things like these are what makes the adoption we are looking for happen in the real world. Not fancy seminars, not big name projects that uses bitcoin's popularity to cash in and rob people of their hard-earned money. Small-time businesses and/or close to people enterprises that allow bitcoin payments for services and products they offer are what would really drive this adoption to happen.

cydrix

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Our pizza only worth $2 and that is enough for 4 persons. I can't pay using bitcoin since the existence of cryptocuurency here is not that famous. I am using different payment method but my money is from bitcoin. Hoping that someday bitcoin payments here will become available so that I don't need to sell and transfer to another wallet (3rd party).

Congrats for succesfully buying that pizza!!

dezoel

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It's quite amazing that the same guy still gets it. Maybe this guy did also the same thing with Bitcoin cash and other variations of Bitcoin? Hmm. And maybe this guy was a solid pizza lover because this food is always the one that he uses in his experiments. But after that, I would also like to congratulate you OP. The lack of support of BTC lightning network didn't stop you from doing what you desire but instead you convince those owners to try it and it was a successful attempt.

Bitcoin lightning network is not a new thing anymore and it had some certain benefits than the original Bitcoin but I think it only lacks in exposure. The focus of the people is on the main coin and maybe they think both are just the same.

armanda90

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Pizza is not my favorite food and I dislike Pizza, I agree with many people spent their money purchase pizza but I don't convert any cryptocurrency assets with something not profitable like food or any other thing. But small fund purchasing to buy Pizza is not matter because many people sell their Bitcoin worth $500 until $2,000 to purchase or transaction in daily day needed.

Will difference worth with price of $6 purchase Pizza from OP and Bitcoin price right now, its seems how amazing increasing up from Bitcoin and we can't expected what happen next ten years later.

suzanne5223

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Quote from: Del137 on February 26, 2023, 05:20:18 AM

I think in 30 years you will regret it.

If you're relating about the OP purchasing Pizza with $6 worth of Bitcoin through the lightning network I dont see any reason why he/she will regret it in the future. Why did i say that?
1. He/she just did an important advertisement of the Bitcoin lightning network to a business owner who will properly make the lightning network known to their countless customers.
2. Every crypto enthusiast knows that there be huge traffic in the crypto market in the next future and Laszlo Hanyecz that spent 10,000 BTC on pizza technically has thousands more and if he did do it BTC maybe not notice as a means of payment in the year 2018.

Bekuciwu9

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Quote from: _BlackStar on February 26, 2023, 10:30:14 AM

I don't like Pizza, I don't spend my bitcoin for Pizza but will probably spend it on something that will benefit me in the long term.

I think this is the first time i met someone who doesnt like pizza. Grin

Quote from: _BlackStar on February 26, 2023, 10:30:14 AM

For whatever reason, I'm happy to hold onto my bitcoin so far instead of spending them and I tend to use fiat for any transaction. In the future it will only be different, and I hope we all benefit from it.

If no one uses bitcoin, how can we expect it to enter into mainstream? If everyone just keep holding, 20 years into future no store will accept it.

_BlackStar

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I don't like Pizza, I don't spend my bitcoin for Pizza but will probably spend it on something that will benefit me in the long term.
This doesn't mean I disagree on how someone spend their bitcoin on anything, they are free to do it for whatever they think is good regardless of trying out the network or just hype.

For whatever reason, I'm happy to hold onto my bitcoin so far instead of spending them and I tend to use fiat for any transaction. In the future it will only be different, and I hope we all benefit from it.

buwaytress

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Quote from: Del137 on February 26, 2023, 05:20:18 AM

I think in 30 years you will regret it.

Then you have completely lost the plot with what Bitcoin is supposed to be used for. Original Pizza man has never regretted it. And we shouldn't too on anyone's behalf.

Try holding coins forever. Oh wait, that's what 99% of alts do.

And see where that leads.

BTCBroker2016

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Always recalling Laszlo guy after hearing about BTC and pizza

leonair

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Quote from: Helena Yu on February 25, 2023, 09:54:34 AM

Have you ever bought a pizza using Bitcoin in lightning network? Wink

I haven't had this luck yet. When I heard Laszlo's story I felt very sorry for him but when I thought that if he hadn't bought a pizza that day with 10 thousand bitcoins, maybe Bitcoin wouldn't have seen such a big boom today. So I've been very interested in buying that memorable pizza with Bitcoin but so far I haven't been able to because none of the pizza vendors in my area accept Bitcoin Cry

Quote from: coinerer on February 26, 2023, 12:42:09 AM

So many beautiful stories, it's great to see such stories around. I see such stories all the time. It seems that Bitcoin has gained a much bigger spread worldwide due to which various products and services can be bought with Bitcoin. Buying Pizza With Bitcoin There is a historical story where a person named Laszlo Hanyecz bought a pizza with 10,000 bitcoins. At that time Bitcoin was first used to buy anything. And yet you can buy a pizza for just 25,740 Satoshis ($6) dollars. This shows how fast and how much Bitcoin has improved. congratulations man

Yes, Bitcoin has grown very fast and will grow more in the coming days. op's story is really nice and he was able to buy pizza with bitcoins like that memorable incident of Laszlo Hanyecz, it is luck for him.

Topic: My first pizza purchase using Bitcoin in lightning network (Read 536 times)