The Bitcoin Pizza Would Be Worth $470 Million Today

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