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Outlier Ventures Daily Brief - Issue #137

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Happy Bitcoin Pizza Day! On this day, in 2010 a developer spent over 10,000 Bitcoins for a pizza and
 

Outlier Ventures Daily Brief

May 22 · Issue #137 · View online
3 Things You Need To Know From The Convergence Ecosystem

Happy Bitcoin Pizza Day! On this day, in 2010 a developer spent over 10,000 Bitcoins for a pizza and made one of the earliest commercial transactions with Bitcoin. In case you are wondering, those coins are worth $82 million now. More math in our tweet of the day below. 

Today’s issue sheds light on a  Japanese bank’s move to blockchains, Wired’s piece on tracking food and an ecosystem map of social networks built on VR. 

1. Japanese Bank Mitsubishi Plans on Blockchain Payments in 2020
2. Following a Tuna from Fiji to Brooklyn—on the Blockchain
3. VR Social Networks will be all the rage in 2018 – Mickey Thibault
Tweet Of The Day
Bitstamp
PIZZA MATH:
10,000 BTC * 8,400 USD (1 BTC) = 84 million USD
84 million USD / 15 USD (1 pizza price) = 5.6 million pizzas
5.6 million pizzas * 14 inches (diameter of a large pizza) = 1237 miles
1237 miles / 248 miles (average altitude of the ISS) = 4.9
9:56 AM - 22 May 2018
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