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MicroStrategy Posts Q1 Profit, Reaffirms Commitment to Bitcoin Investment Strategy
MicroStrategy, a business intelligence platform, has reported a profit of $94 million in the first quarter of 2023, marking its first quarterly...
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60 Minutes has been broadcast since 1968 and is considered one of the most successful programs in American television history in regards to the number of viewers.
On Sunday, the American news magazine “60 Minutes” will broadcast a bitcoin feature. The episode is an interview with Laszlo Hanyecz, the programmer in Florida who has become known as the “Bitcoin pizza guy”.
On May 22, 2010, he traded 10,000 bitcoin against someone delivering pizza to him. The purpose was to show that bitcoin could be used as a means of payment and the day has become known as “Bitcoin pizza day” in the crypto world.
In the interview with Anderson Cooper from 60 Minutes, Laszlo Hanyecz says that he also made several other trades for bitcoin after the first pizza buy. He says that he spent 100,000 bitcoin on different things, including a lot of pizza. The increase in value for that bitcoin since then is huge.
Recently, the bitcoin price was up above $8,000, which means that the same amount would correspond to $800 million today.
In the television feature, which will be broadcast on Sunday at 7:00 p.m. ET/PT on CBS, there are also interviews with Neha Narula, director of the MIT Media Lab’s Digital Currency Initiative, and Marco Streng, the CEO of Genesis Mining, among others. The host also visits a cryptocurrency “mine” in Iceland and the US central bank Federal Reserve in Washington, D.C.
The fact that 60 Minutes chooses to cover bitcoin now can be a sign that the interest in the cryptocurrency from the public is once again on the rise.
“I think it’s positive that big and established media outlets once again have started to report about bitcoin and cryptocurrencies. Although it might be precarious to hope for price effects in relation to individual news reports, looking at it as a whole, it helps to increase public interest, says crypto expert Totte Löfström to Trijo News.
60 Minutes has been broadcast since 1968 and is considered one of the most successful programs in American television history in regards to the number of viewers.
The program is also broadcast by more channels outside the US and has tens of millions of viewers.
“60 Minutes has a very big impact all over the world, so if any individual publication can affect the prices, they are probably the ones. If nothing else, their reporting can hopefully reverse some of those who still think that bitcoin is just a scam, says Totte Löfström.
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