NFT
Crypto Twitter was briefly fired up on May 14 with suggestions that the world’s first real-world purchase by Bitcoin may have been for a JPEG, not pizza.
In a tweet from independent developer Udi Wertheimer, the Bitcoin advocate shared a screenshot showing what could have been the very first Bitcoin purchase — even before the infamous Bitcoin Pizza.
This Twitter space was FIRE
We discovered that:
the first purchase EVER with bitcoin was buying a JPEG for 500 BTC in February 2010
it predates the famous 10,000 BTC pizza
satoshi herself helped facilitate the JPEG sale
laser eye cult in absolute SHAMBLES pic.twitter.com/b6ESOkbf0i
— Udi Wertheimer
(@udiWertheimer) May 14, 2023
The screenshot posted is dated January 24, 2010, four full months before Bitcoin Pizza Day — where Bitcoin developer Laszlo Hanyecz paid 10,000 Bitcoin for two pizzas — widely regarded as the first real Bitcoin purchase.
The screenshot shows a user named Sabunir trying to sell a photo for 500 Bitcoin – worth about $1 at the time – on Bitcoin Forum Bitcointalk.
It even highlighted that pseudonymous Bitcoin founder Satoshi Nakamoto was trying to get involved in helping the sale.
Doubt has been cast over the claim, however, with a tweet from professional poker player turned crypto investor Mike McDonald pointing to a screenshot suggesting the Bitcoin transaction could have been a donation, meaning the JPEG was never actually sold .
I’m not sure if it’s been dissipated yet, but it looks like Sabunir’s 500 btc was a donation rather than a sale.
He posted his address for his NFT on Jan 24 and then re-posted it in the btc logo thread on Feb 24.
— Mike McDonald (@MikeMcDonald89) May 14, 2023
In a subsequent tweet, Wertheimer admitted that his original tweet may have been incorrect, that while Sabunir had put a JPEG up for sale for the price of 500 BTC and they received the same amount at their address a month later, “it is possible that the 500 BTC were sent as a donation for another interaction” and that the sale of the JPEG never actually took place.
Without personal confirmation from Sabunir, it remains unclear what the 500 BTC was transferred for, Wertheimer said.
Related: Bitcoin Tracking Numbers Hit Binance NFT Marketplace in Latest Update
The rumor comes in the wake of the Bitcoin Ordinals phenomenon, which has seen more than 6.1 million images, videos, and even tokens — via the BRC-20 token standard — minted on the Bitcoin blockchain at the time of publication.
Total number of Ordinals subscriptions on Bitcoin. Source: Dune analysis.
Wertheimer has been a strong supporter of Bitcoin NFTs since the Ordinals protocol was created by Casey Rodamor on Jan. 21 this year, allowing users to “enroll” new bits of data onto the Bitcoin blockchain.
Wertheimer has since worked to drive a new wave of NFT enthusiasts to Bitcoin through an Ordinals project called Taproot Wizards, which takes its namesake from the Taproot softfork that facilitated the creation of the Ordinals protocol in the first place. made possible.
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