Florida Banking November 2021

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DID YOU KNOW?

DID YOU KNOW THAT that the first commercial Bitcoin transaction was for Papa John's pizza? While there are more than 4,500 cryptocurrencies, Bitcoin is considered to be the most popular as it was the first major cryptocurrency to hit the market in 2009. On May 22, 2010, programmer Laszlo Hanyecz paid a fellow bitcoiner in Jacksonville, Fla.,

10,000 bitcoin for two Papa John's pizzas. At the time, 10,000 bitcoin was worth about $40. Today, that bitcoin would be worth more than $500 million. Hanyecz's pizza purchase is celebrated by the crypto community each year on May 22, dubbed "Bitcoin Pizza Day." Not to mention, there is a Twitter account (@bitcoin_pizza) devoted to the current USD value of that pizza.

ADVERTISING DIRECTORY

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CEIS Review

888-967-7380 800-275-4222 888-411-1132 954-252-2887 800-351-3843

www.ceisreview.com www.banker-bank.com

First National Bankers Bank SouthState Correspondent

www.southstatecorrespondent.com

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Moecker Auctions Inc.

www.moeckerauctions.com www.vericast.com/acquistion

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Vericast

FBA offers a wide selection of quality educational webinars about a range of banking focused topics. Visit www.FloridaBankers.com and select the Education tab to learn more, see a full list of current offerings and register.

WWW.FLORIDABANKERS.COM NOVEMBER 2021 — 31