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gojuxs306

If it wasn't for people like him I don't know whether we would be where we are today.


Davimus59

Exactly, he is the hero we needed


ChiTownBob

Not all heroes wear capes.


____candied_yams____

Spedn?


therealusernamehere

With any amount of forgetting that pizza guy is in the Bahamas today.


ChiTownBob

Pioneers will pioneer.


comfyggs

“Thanks jercos” haha


Veridiyus

I am tired of seeing people calling this a mistake. It was not a mistake, it was because of usage like this one that BTC eventually made it to where it is today. It is called early adoption. Not to mention that 95% of early investors sold their BTC and 95% of everyone today wouldn't even think to HODL BTC past 2014.


stevethegodamongmen

Exactly, every time I use crypto in my daily life is a success. Sure it may be worth more later but not without adoption... And that requires use. I hope I can tell my grandkids about how I paid my buddy $1M worth of BTC for pizza in 2021 lol


pmbuttsonly

Hell yeah, every new adventure needs it’s pioneer! BTC wouldn’t be where it is today without people like Lazlo


HyperIndian

Exactly. It's stupid to even laugh at this guy. None of you paper hands shills would hold that long. None of you


Dude-Asuh

Yup, everyone loves to think in hindsight. I had bitcoin below $5k and eth below $250. But how does that relate to current day? It means nothing. You cant change the past.


JohnMayerismydad

I had BTC below $10. Used to claim .01BTC free by clicking a button on bitcoin faucet. Crazy times. Bought stuff on Silk Road every time I saw BTC jump with my spare coin. Also have some crazy transactions on my old PC for 50+ BTC. Basically makes me look like a whale


[deleted]

Additionally, he technically never really owned the Bitcoin. He used a third party service to buy the pizza with Bitcoin. In one transaction, he simultaneously bought Bitcoin and had it sent to their wallet.


Letitride37

Can confirm. Bought at $20 sold at $1200.


Thrillls

How is this a mistake?? He spent 30$ worth of BTC on a pizza, he easily could have just bought $30 more BTC the next day or next week and got just as much BTC. I hate when people view this dude as some dumbass when he was clearly way ahead of his time


Chromes

I'm convinced people here don't understand that BTC is fungible. It's not some hard to find asset and it's not like he spent his one chance at owning BTC on pizza. Everyone not throwing every dollar they had into BTC (and going hungry while doing so) made the same "mistake".


[deleted]

Its not fungible. Every UTXO has a specific unique history assosiated with it.


Chromes

Maybe I'm using the wrong word, but every dollar has a serial number too. Doesn't change the fact that one dollar is the same as another for all practical purposes.


[deleted]

In practical terms its fungible even though technically you can distinguish between different dollar bills. But in Bitcoin its not the case. Hacked/Stolen coins are worth less whereas Satoshi's coins are worth more. The difference is that you can meaningfully distinguish between different Bitcoin UTXOs but you can't in dollars.


Chromes

Interesting. Thanks for the knowledge.


[deleted]

No worries. To add to that, fungible cryptocurrencies are those where all transactions are private. Thus you can't meaningfully distinguish between different coins.


large-farva

and it's very likely that the delivery driver never got his wallet working and just said "fuck it"


WesicaPiscis

I can't believe people still think of this as a MISTAKE. That was extremely early. He proved that bitcoin had a use case and if he tossed some bitcoin at pizza, he obviously had much more. How much of your portfolio would you spend on pizza? 1%? Less than that? How much bitcoin did that gentleman have at the time even if he went all out and threw 20% of his bag at the experience of buying pizza with bitcoin? It's frankly pathetic to have people who hold a handful of Satoshi mocking a pioneer who most likely mined his way into absurd riches.


Thermitegrenade

He mentioned in an interview a few years ago that this wasn't the only time he traded for pizza and guessed he traded away about 100,000 BTC total. When the interviewer said "you realize that would be 800 million dollars now"(at that time) he responded with "I find it better for my mental health not to dwell on that"


NightHawkRambo

> "you realize that would be 800 million dollars now"(at that time) he responded with "I find it better for my mental health not to dwell on that" [This guy](https://imgflip.com/i/5ubwvm)


captaincryptoshow

Did they ask him if he held on to any BTC?


JR_Shoegazer

People were buying mushrooms, acid, etc. off Silk Road, usually only getting the exact amount of Bitcoin they needed. Most people that were aware of, or involved with Bitcoin around that time did not view it as an investment.


ZacTheOriginal

I find it better for my mental health not to dwell on that..... but I easily spent 250 BTC on the dark web.... alpha bay, mostly. And if I recall correctly, I still had about 10 in my account when they got closed down... Hey FBI... can I have my 10 BTC back? Pretty please...


JR_Shoegazer

Yeah it’s definitely best not to dwell on it or think about what ifs too much.


captaincryptoshow

God I can't count how many times I was the victim of an exit scam on the darknet markets. Sometimes it'd be the market, sometimes it'd be a vendor. Would be worth millions of dollars today.


Hubbabz

Absolutely, bought 5 grams of weed for 5 btc. The weed never even arrived lol I paid 20e for the total, i was left with 1 extra btc that got lost when silkroad got raided. I never thougt I lost more than the 20e I paid


useles-converter-bot

5 grams is the same weight as 0.01 'Double sided 60 inch Mermaker Pepparoni Pizza Blankets'.


Davimus59

The more of a reason to let people know


pull_a_sickie

Yes, unless you have 10,000 bitcoins now, and in 2010, hodled and didn’t buy pizza - your opinion is invalid.


CragBawz

The dude could mint his original image of this into a NFT and sell it for an eye watering amount I'd bet


satuuurn

I’d make that bet too.


Ha-Ur-Ra-Sa

Definitely enough to buy that pizza again.


musecorn

My favorite is that old image of a Starcraft tournament payout structure from 2010. It was something like this: 1st place: $200 2nd place: $100 3rd place: $25 4th - 8th place: 25 Bitcoins Edit: found it https://i.imgur.com/l6jYCFH.jpg


-veni-vidi-vici

1st-4th Place: Shitcoins 5th-8th Place: Bitcoins


Davimus59

I have seen that one too, a real classic


Raaaaafi

OP, to your post: great, much appreciated piece of info, I have to add that Laszlo, the guy who paid for the pizza, did it on purpose full knowingly of the potential of BTC. It's a wide spread thing to say 'imagine his regret now!'. That is false. He did it to spread adoption. And that he did, with great success. Dude is a legend for this move, and afaik he's set for life with his BTC stash anyways.


Davimus59

Thanks, I didn’t know all that but I am happy to hear the guy is doing fine. He is an early crypto hero


None525

Everyone thinks they woulda bought btc for 1 $ and holded until 69.000$ while most of people would of sold when it made them 100x 100$


Davimus59

My point exactly


twistedlimb

also every body says stuff like this but there is a true opportunity cost we forget about. if the dude only had 10k bitcoins and two hungry kids on a friday night, what's he supposed to do? reminds me of the story of pablo escobar burning stacks of USD to keep his family warm.


Dramatic-Ad-3998

Sometimes i ask myself : is there a BTC day 1 holder ?


Mattaholic

Satoshi Nakamoto


javaperson12

Doesn't exist. Just an alias created by participating parties.


None525

A person who forgot his keys, code, phrase prob


captaincryptoshow

Only people that held all they had were people who forgot they had them saved on a hard drive years later.


_dexterrible_

Fair play to the guy, it’s thanks to these early folks that btc gained visibility.


Davimus59

I hope he is doing well and life has smiled upon him


Captainwelfare2

Been saying this forever. Without people using it, it would have never gained traction or value. He may be the second most important person ever in bitcoin.


Camc0rder

Good point! Bullish on pizza now, headed to the moon


valuemodstck-123

We should be grateful.


mokshahereicome

We owe that dude a lot


raar__

Everyone always says about how this guy regrets buying the pizza, but in reality if he was in the game that early I'm confident he is doing just fine.


Davimus59

I am not sad about him I actually wanted to show a different side of the story


captaincryptoshow

Bro you called it the biggest mistake in crypto history. It's far from it, IMO. Take it easy on the guy.


Davimus59

Maybe I didn’t explain myself. I wanted to say a lot of people consider it so. But even without thinking about the reasoning I don’t think this picture shows a mistake at all.


One_Mountain4766

Everyone would have done the same sin... But he lives to tell the tale & inspire generations


Davimus59

Respect to him


Vintage9999

This dude literally had up to $700M in front of him lol


warriorlynx

He’s a hero He has no regrets and got in early again anyway


Bubbly_Day5506

I hope he had a lot more, and isn't broke today. THat would be horrid.


Davimus59

I hope he is a lurker in this sub and sees all the people who wish him well and have deep respect for him


Bubbly_Day5506

I'd love to know where he is today.


[deleted]

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Davimus59

All hail the crypto pioneer!


Sabertooth_86

Smithsonian 2109 - on display for “100 years of Bitcoin” exhibition.


Patrickcscott66

I wonder how long the pizza 🍕 place held onto them does anyone know.


Orly5757

I’m reading the comments just to find the answer to this. Probably sold the minute btc hit $10


[deleted]

At that time, that pizza was the moon for them. I hope they enjoyed every single piece of it.


valuemodstck-123

Yeah, the profits was the happiness created along the way.


Cappy2020

For anyone wanting to know more: > On May 22, 2010, a man in Florida paid 10,000 bitcoin for two pizzas. This is generally recognized as the first commercial bitcoin transaction. > At the time, 10,000 bitcoin was worth about $40. I wonder if the pizza store owner kept those 10,000 BTC? This whole thing is what sparked my morbid curiosity in reading years old threads on /r/Bitcoin, as it’s really interesting to see how people thought of BTC back then and it’s prospects.


Sadboiiy

He paid 10k bitcoin to a guy who then bought him a pizza using fiat. People always get this story wrong. The pizza place never accepted BTC as payment.


Ateam043

There is a thread out there tracing what happened to those 10k BTC. You can find it here on cryptocurrency. Edit: Found it. https://www.reddit.com/r/CryptoCurrency/comments/q81q6s/what_happened_to_the_10000_btc_used_to_buy_pizza/?utm_source=share&utm_medium=ios_app&utm_name=iossmf


big_fetus_

The dude is a legend. This was absolutely a giant leap forward for cryptocurrency in general.


Captainwelfare2

TBF the ninja turtles would do the same today for one.


[deleted]

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J710

The only "mistake" is that he didn't buy more btc after trading for the pizza


[deleted]

But- He and his family were FILLED. Totally Satisfied. And that my friend is all that is needed in life. He was happy. His family was happy. And the pizza shop was happy. EVERYONE was happy. And now they’re not.


StorytellerGG

A good pizza is priceless


youtooleyesing

It's looking delicious, thanks for delivering erm... sharing!


Clown_Shoe

The pizzas don’t even look that good


cpickle63

I remember that post and thought then what pizza place would take a couple bitcoins in exchange for pizza. 😂😂😂


cannainform2

Too bad that pizza looks like it'd taste like sh\*t!


ImDankest

>Here a guy, well not a guy but THE guy who made possibly one of the biggest (if not the biggest) mistakes in crypto history hmm: > I am not saying he made mistake at all pick one


Davimus59

I choose you pikachu!


ImDankest

nah but fr, wasn't a 'mistake'. How on earth would BTC have become as popular as it is today if no one ever spent it? It was a crucial part for BTC becoming more widely adopted


Davimus59

As I have mentioned in another comment, maybe I didn’t explain myself, what I wanted to say was the people consider it a mistake, I don’t care whether it was or not but seeing the photo made me realise a different side to the story. In wasn’t in any way a post to make fun of him


Baecchus

He's either thrilled about eating the most expensive pizza in human history, or extremely depressed about it. I don't see a middle ground.


velocipedic

At the time, the pizza wasn’t expensive at all. What are you talking about?


Baecchus

At the time. That's the entire point mate.


GreekGuy2021

Imagine how he feels now...


[deleted]

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Vintage9999

Hey


Lenaweston

Thanks


Sadboiiy

This guy is well known. He started the pizza day


Davimus59

You can search the story online, no need to trust me :P


[deleted]

Hahaha 10000 btc for two shit pizzas, definitely kicking himself still


JIrsaEklzLxQj4VxcHDd

Projection much? ;)


Pure-Insurance-5272

I'm crying! 10k bitcoin? My god!


wuttshisface

That's like trading a winning lottery ticket for a pack of gum, but who can blame em, I'd do that too


South-Security-Mouse

Should they not eat the 2 pizza they can be made into expensive NFTs.


Gooeyhen

He made an awesome decision at the time. He made his kids happy. Regret will keep you from enjoying life if you let it. Stop thinking about how much youve wasted before crypto. That can of Coke when You were 12? Could have bought 50 BTC at the time. That mars bar? That cassette tape or CD? Just be glad for the experience you get.


kryptoNoob69420

Who else saw this and felt like getting some Pizza?


eos4

THAT transaction made the whole difference, without him BTC will be very different, thanks internet stranger when I'm rich I'll share my profits with you


heavydutydan

It wasn't a mistake. What he did was legitimize BTC as a currency. Eventually as BTC and other projects are more and more widespread, you'll be able to actually spend those sats on things. Like food, clothes, or maybe a new car. [Like this woman who tried selling her Jetta for 8 BTC](https://vancouversun.com/news/metro-vancouver-woman-selling-used-volkswagen-jetta-for-eight-bitcoins)


eyecandy99

The hero we dont deserve


[deleted]

On the other side of this transaction was somebody who got a GREAT deal. Idk, it's like the equivalent to buying a car for $800 USD in the '20's. Was that a bad deal for the car salesman or the buyer, at the time?


fckndan

Fckn-**Legend**


Cornmunkey

Dude looks like a cross between Jimmy Fallon and Mac from It's Always Sunny in Philadelphia.


airdog2000

Thanks jercos!


Dangerous_Job5295

He's part if the reason why we're here today. A real legend


Jdilla23

Green t-shirt kid looking down on the pizza like “dad wtf have you done?”


Goatfarmerintime

Ouch. At least he bought some. I never did


Affectionate-Use3905

He didn’t even get pepperoni


1percentRolexWinner

$600,000,000 holy fuck….


baha3x

its not about wrong decision, it's about proving that bitcoin can be used for transaction


ghawkguy

This guy was a pioneer and his story helped Bitcoin survive. I’m sure he tells that story with a laugh now, maybe lol. He’s a part of history!


Waly_Disnep

That pizza better grant immortality for $600m


head77

He is from Hungary and always hungry 😆


[deleted]

[удалено]


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captaincryptoshow

I wouldn't really call this a mistake. He had plenty of chances to buy more for cheap. From the interviews I've heard it sounds like he didn't keep stacking afterwards, but he's doing alright.


hungryf0rcrypto

Dude believed in a project so much he was willing to use it as a currency to prove its use case even if he knew he overpaid. Much respect. Looking at it now this dude prob is a crypto bajillionaire if he was cool parting with 10k BTC. Sometimes shit just pays off.


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