60 Minutes Looks at Bitcoin ...And the Guy Who Spent $800 Million of it on Pizza

Submitted by Aaron Goldstein on

Written by :

Aaron Goldstein

Published on :

60 Minutes Looks at Bitcoin

This Sunday May 19 at 7 pm EST on CBS (though most certainly delayed a bit with the conclusion of the PGA Championship), the long running CBS news magazine takes a look at the cryptocurrency bitcoin.

*Free trial test drive
*Text or message 24/7
*Mobile friendly
*Live in-play betting
*Bitcoin, gift cards, credit cards accepted
*Fastest, sharpest lines in the industry
*No minimum number of players
*Unique betting options available
*Two software platforms available for use
Click here to visit PremierPerHead

This episode explores the very early days of Bitcoin one man decided to trade his bitcoin for pizza at a time the cryptocurrency was only worth pennies. It was a historic event, but not such a great investment. "60 Minutes" reports, Sunday at 7 p.m. ET/PT.

Today bitcoin is trading at just over $7,000, having roared back in recent weeks from around the $4,000 mark.  In December 2018, bitcoin had climbed to an all-time high of just over $19,000.

Anderson Cooper and Andy Court, the producer of the story, also talked with 60 Minutes Overtime's Ann Silvio in an attempt to try and unveil who is the mysterious founder of bitcoin, Satoshi Nakamoto.

Bitcoin now accounts for upwards of 70% of the funds to and from online gambling sites in restricted markets.

Related Content

ACR Poker Launches Investigation Into Video Circulating on Net: 'RTA Has No Place on ACR Poker'

ACR Poker Says TrenirusGTO Strictly Forbidden After Video Surfaces : 'RTA Has No Place on ACR Poker'

ACR Poker on Thursday issued a statement in regard to a video circulating across the internet showing a controversial poker software product called TrenirusGTO being used alongside their online poker client.... They later found the account in question.
Online Gambling Payments Were Disguised as Salon and Bakery Sales

Online Gambling Payments Were Disguised as Salon and Bakery Sales

The Philippines shut down more than 8000 merchant accounts after it was revealed that online gambling firms were disguising transactions.
More Layoffs Anticipated at VSiN as Rumors Swirl Over Possible New Ownership

More Layoffs Anticipated at VSiN as Rumors Swirl Over Possible Change in Ownership Coming

Rumors continue to swirl over new ownership coming as new broke that EVP of Talent and Programming Steve Cohen will be departing as well.
Bayern Star Alphonso Davies' Family the Target of Bizarre AI Casino Scam

Bayern Star Alphonso Davies' Family the Target of Bizarre AI Casino Scam

The star is seen promoting the online casino brand Oxibet as his father is depicted being placed under arrest.