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US consumer agency flags risks in virtual crypto economies

The agency highlighted that crypto assets in virtual environments like Decentraland and The Sandbox can be exchanged for fiat currency on other cryptocurrency platforms.

On May 22, 2010, when Bitcoin was just over a year old, he did something that would forever be remembered in cryptocurrency space: he bought two pizzas for a whopping 10,000 BTC.

~Back then, those 10,000 BTC were worth about $41.

Now BTC is sitting at 70k each, so if you want to calculate those with current price, those two pizzas are the most expensive pizzas in the world, costing 700M USD! Those pizza must be yummy as $. Now May 22 is celebrated as “Bitcoin Pizza Day” in crypto space.

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