Ten years ago, someone offered up 10,000 Bitcoin to whoever would deliver him two Papa John’s pizzas. Factoring in for today’s Bitcoin prices, the pizzas would now be worth a whopping $470 million.
According to Hypebeast, Laszlo Hanyecz logged onto BitcoinTalk, an online forum, and made the offer. At the time, BTC was trading under $.01, and the amount offered up for the pies amounted to $41. It was expensive for the two pies, relatively speaking, but not as eye-popping as the $470 million they would be valued today.
Thanks to his pizza purchase, Hanyecz is considered the first person to use BTC to buy a physical item using the cryptocurrency.
10 years ago Laszlo Hanyecz had tens of thousands of bitcoin he had mined just burning a hole in his pocket. He also had a hankering for pizza. The rest… was history.https://t.co/vvYcbUpH4O pic.twitter.com/Nd8uFHoIBx
— Jameson Lopp (@lopp) May 22, 2020