As announced on the Hivecoin Reddit, the first HVN to goods transaction was made in the form of a pizza for 10,000 HVN. The purchase became a running gag on the Hivecoin discord as many thought it might become similar to the infamous Bitcoin pizza purchase in the early days of BTC, where a pizza was sold for 10 000 bitcoin a number that would have been a vast fortune in todays pricing, but back then was hardly considered worth anything.
While its easy to make fun of somebody in hindsight, the poor BTC pizza purchaser Laszlo Hanyecz considered it "free pizza" at the time, and is later regarded having said that he didnt find BTC valuable if it cant be used for transactions of goods or services like any other currency. One has to understand that Laszlo Hanyecz probably pioneered the acceptance of BTC by demonstrating its credibillity as an alternative currency to the masses.
While today, nobody belives in Bitcoin as a future currency but perhaps more likely as a form of "digital gold" -a store of value. Even ethereum which uses very fast technology in comparison to BTC is unlikely to serve as a currency in the future due to the still high transaction prices.
Similarly, the future of Hivecoin (a fork or copy of Ravencoin) is still uncertain. While the community around Hivecoin has certainly grown in a rapid pace much thanks to the profitable mining and standardized airdrop of 10 000 and later 5 000 HVN, in crypto the long distance runners are the ones who win the race.
Lets hope that pizza tasted very good in case Hivecoin turns out to be one of the marathon runners.
More about Hivecoin:
Hivecoin - Your chance to get in *very* early
Hivecoin Airdrop - Get 5000 HVN for Free!
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