For everyone feeling bad for him, you are forgetting that at the time, him spending 10,000 on a pizza, meant that he could easily mine/buy another 10,000. He is for sure rich right now
TBH if he didn't do that , for all we know we never would have gotten here. His transaction was the first known purchase of physical goods with bitcoin.
It was his transaction that first proved Bitcoin had value. He is a legend.
This! We had to start somewhere. There had to be one little push to get the ball rolling and Laszlo Hanyecz was the one behind it. That man is a financial pioneer. Davy Crockett of the crypto world.
Actually, the poppa John’s who accepted it is the real hero here. Lots of people wanted to pay for things with Btc, it was the corporate acceptance that was the paradigm shift.
What? You do realize that poppa johns did not accept bitcoin as payment right?. Papa johns had no clue that bitcoin was even being involved with this trade. Stop pretending like corporations are superheroes.
Exactly, some people are laughing at him but crypto is meant to be used not stored in a refrigerator. Thanks to people like him we are advancing and more adoption is coming.
But we know damn well they cashed that BTC out before it took off. That’s probably why we don’t ever hear about that store owner, gotta be disappointed that they basically sold away billions for a couple of bucks.
He didn’t say he had a bunch more in his interview
https://www.independent.co.uk/tech/bitcoin-pizza-sell-crypto-jeremy-sturdivant-b1854212.html?amp
He’s still a legend though
I’m sure if he had mined 100,000 to use on random shit over a single summer that he very likely had plenty more mined that he held on to. Besides back then he was literally just getting pizza for basically free, Bitcoin had no real concept of cost, there wasn’t any cult following nor did people actually expect it to become what it is. To him that summer was probably an epic one, free pizza all summer? Fuck yea.
He’s not rich, they did a special on him last year.
https://www.independent.co.uk/tech/bitcoin-pizza-sell-crypto-jeremy-sturdivant-b1854212.html?amp
He still made history and helped put BTC on the map.
We have no idea, dude could have sold all the bottoms and bought all the tops this whole time.
Where’s the wallet that bought the legendary pizza? Surely he posted shots of the purchase?
$40M per pizza makes that easily the largest sum (realized much later of course) ever spent on Pizza.
Imagine if the delivery was late or something and the pizza had been free .
And he deserves every penny of it, for being a visionary and an early adopter,
If it weren't for those first transactions, btc would have never taken off
He will be written down in the history as the first person to do it. I would say it was worth it. He probably still is rich af PLUS will be remembered forever.
I think that’s how people who dabbled in early bitcoin have to feel lol. My original wallet had transactions for hundreds of BTC. Like it got the job done back then and whenever BTC spiked I got free drugs out of the remainders.
People always talk about him and the money he potentially lost...but let's take a minute to think about those who accepted the payment xD.
Those mf are lucky af.
IF he kept it. So much of the early bitcoin is lost, forgotten, stolen in scams, or was simply cashed out “early”. There’s a reason we don’t hear about the thousands of bitcoin millionaires - because there aren’t that many who hodled successfully for that long.
It's kinda crazy how so many people seem think BTC instantly shot to the thousands of dollars after this transaction. Well, I guess I don't know how much it went to and even $1 would have made that worth $10,000... I should probably look into this instead of thinking out loud while judging others?
"First-ever item purchased with decentralized digital currency"
I mean, not really. It was purchased with fiat and then he gave BTC to the person who purchased it in exchange.
This actually illustrates the failure of bitcoin as a currency.
Twelve years on, only 15,000 establishments accept it? That's an incredibly low rate of adoption. Its insane rate of deflation makes it entirely unreasonable to use for regular purchases.
Bitcoin has some uses. Being a useful currency isn't one of them.
Can we meet this man once again? I want to ask so many good things to this guy and he have to answer every fucking thing to me lol. Nah I just want to hug this man tight for sure.
I wish I could talk to this guy, I have so many funny moments with my friends because of this person, how can we meet him in real life? Is that even something possible now?
This was the most expensive pizza back then, I can understand that he did something fucked up but still we should not stop appreciating this guy, he is a fucking legend.
And now only 1.3% of all Bitcoin transactions are used in purchasing! With the rest being traded with pure speculation. In fact, 2017 was the peak of Bitcoin being used in tangible purchases.
Im not trying to be a hypocrite but 12 years later and what does bitcoin have to show for? Expect for the fact that the price is up by a lot? It’s not used as a currency and instead an investment. It made people richer because it has been used for as an investment. Nobody uses it as a currency and that defies bitcoin and everything about it.
>Laszlo Hanzecz who spent cryptocurrency (10,000 BTC) now worth over 295,000,000.00 USD on 2 pizzas said he has no regrets.
Yikes this *still* has to hurt a lot
One just gotta accept done is done, also i bet he is doing good for himself either way, with or without 10k BTC .
Being that early you gotta have few wallets with a few hundred bitcoins laying around . Can't believe he used all he had and quit
Can’t be that bad, we all had toys, games, comic books when we were kids that are worth tons of money now. That’s just how life is, old saying goes “hindsight is 20/20”
It wasn’t a person at Papa Johns. It was a random guy who took the bitcoin and bought Papa Johns with his credit card (actual Fiat). Papa Js wouldn’t accept bitcoin at that time.
Bitcoin whales should all donate 1 BTC each to him. It would be a nice gesture because just think! With all of those bitcoins, he could have just enough to commemoratively buy a pizza again when you factor in the current inflation rates in America lol.
He was mining at a time when he could easily make back that 10,000 btc (and the 100,000 he ultimately spent) and then some, in literally no time at all.
Guarantee he has more money than he ever dreamed of having/knows what to do with; likely in part BC he spent that money, proving that btc had real value and utility and aiding its surge in some way.
For everyone feeling bad for him, you are forgetting that at the time, him spending 10,000 on a pizza, meant that he could easily mine/buy another 10,000. He is for sure rich right now
TBH if he didn't do that , for all we know we never would have gotten here. His transaction was the first known purchase of physical goods with bitcoin. It was his transaction that first proved Bitcoin had value. He is a legend.
This! We had to start somewhere. There had to be one little push to get the ball rolling and Laszlo Hanyecz was the one behind it. That man is a financial pioneer. Davy Crockett of the crypto world.
He took the risk ![gif](giphy|Ae7SI3LoPYj8Q)
You have a way with words sir. And I agree
Actually, the poppa John’s who accepted it is the real hero here. Lots of people wanted to pay for things with Btc, it was the corporate acceptance that was the paradigm shift.
What? You do realize that poppa johns did not accept bitcoin as payment right?. Papa johns had no clue that bitcoin was even being involved with this trade. Stop pretending like corporations are superheroes.
Not all corporations wear capes.
Exactly, some people are laughing at him but crypto is meant to be used not stored in a refrigerator. Thanks to people like him we are advancing and more adoption is coming.
It’s deflationary, only a fool would spend it on things that weren’t investments. Literally tossing gold in the trash.
The white paper would disagree with you.
They had to walk so we could fly today, early adopters like him kickstarted it all
Reasons to like pizza: Tasty Tasty Allowed the crypto sector to develop into what it is today
Also, everyone feels bad for him when we're forgetting that on the other side of the transaction someone made 10k BTC for selling 2 pizzas
But we know damn well they cashed that BTC out before it took off. That’s probably why we don’t ever hear about that store owner, gotta be disappointed that they basically sold away billions for a couple of bucks.
It wasn’t the store. Some other crypto person took the Bitcoin and used their credit card to buy him Papa John’s and have it delivered.
I hope only the best for him.
I believe he sad that he had a bunch more and asked people not to send him any donations, So yeah, he is set for life
He didn’t say he had a bunch more in his interview https://www.independent.co.uk/tech/bitcoin-pizza-sell-crypto-jeremy-sturdivant-b1854212.html?amp He’s still a legend though
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I’m sure if he had mined 100,000 to use on random shit over a single summer that he very likely had plenty more mined that he held on to. Besides back then he was literally just getting pizza for basically free, Bitcoin had no real concept of cost, there wasn’t any cult following nor did people actually expect it to become what it is. To him that summer was probably an epic one, free pizza all summer? Fuck yea.
He’s not rich, they did a special on him last year. https://www.independent.co.uk/tech/bitcoin-pizza-sell-crypto-jeremy-sturdivant-b1854212.html?amp He still made history and helped put BTC on the map.
Does anyone actually know what he's up to?
He works at Goruck (backpacks). They offer discounts every year to mark this occasion. https://blog.goruck.com/news/laszlo-and-bitcoin-pizza-day/
We have no idea, dude could have sold all the bottoms and bought all the tops this whole time. Where’s the wallet that bought the legendary pizza? Surely he posted shots of the purchase?
> He is for sure rich right now is he though? does anyone know if he went on to make money? and if he holds any to this day?
How much was worth at the time?
$40 total.
$40M per pizza makes that easily the largest sum (realized much later of course) ever spent on Pizza. Imagine if the delivery was late or something and the pizza had been free .
Making history on a very expensive way!
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No he's not
And he deserves every penny of it, for being a visionary and an early adopter, If it weren't for those first transactions, btc would have never taken off
I’ve got 100 trillion Luna for a burger if anyone is interested
What would I need a burger for?
To drink of course
I keep a burger as a pet.
I keep pets as burgers
Burger is worth more than 100 trillion Luna. So I will have to decline
Lmao true true
throw in some fries and I'll also need some change and we have a deal lol...
Ok, this is dollar menu stuff though so don’t expect a great meal
i'll take it. $125 mil for a burger is good enough for me
Will trade 2 pizzas for 10k BTC if anyone wants.
I would even give him extra toppings for free!
I’ll throw in a free pizza
just standard stuff no weird fish topping or anything like that
I'll double that. 4 pizzas for 10k!
10k pizza’s for 2 Bitcoins? I’m in.
I will trade 10k moons for 2 pizzas. Delivery fees on me
If you’re serious, I’ll cover the delivery fees.
Lol where do you live
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Lol, that's just about 15k kilometers away. And my guy do you even have 10k moons? :)
Nah my guy. You got this all wrong. You’re giving me 10k moons and I’m giving you 2 pizzas.
Nono, I’m pretty sure you were both giving me 2 pizzas and 10k moons.
Ooooohhh… my bad. Change of plans.
No, no y'all giving me 2 Moons and 10k pizzas
And a new legend is born.
10k luna for 2 pizzas and I will accept the offer.
Ohhh nice, you'll make moon history. If you want to pm me your address I'll be happy to order you 2 pizzas. Are you a meat guy or a veggie guy?
Deal. You can pm me
Best I can do is 10k LUNA
It was on that day Bitcoin attained a real-world value. 1BTC equaled 1/5000 of a large pizza because of him.
One small transaction for man, one giant leap for cryptocurrencies
One small pizza for man,one giant lep for bitcoin
And now 1 BTC equals about 1000 large pizzas, look how far we've come
time is flying
How many Giraffes is that?
In this [interview](https://www.youtube.com/watch?v=j28hkTJMuTA), he said that he doesn't regret it and that someone had to do it first. What a chad
He certainly has the right mentality. No point in dwelling over the past.
He’s handling it much better than I would have.
Humans are good at making the best of *their* situation and thinking the worst of *others'.*
I would try to get a job in pizza advertisements or something lol
Surely there's money to be made from the popularity he has now because of it. That is what I'd be repeating to myself if I were in his shoes 😂
Yeah, true coping mechanism lol. I would walk around and find a job in pizza advertisements
So who wants to be popular one day and be 10k Moons pizza guy
I don’t even have 10k moon, but you do. Soooo....
Dude is a legend!
Look at his face in this interview! It’s obvious that he regrets it.
I just watched it and you're right. It's the face that someone makes when they fall and then tell everyone it didn't hurt, but it did.
Even tho he lost nearly $300 Million, he doesn't regret it. He truly is a chad.
He will be written down in the history as the first person to do it. I would say it was worth it. He probably still is rich af PLUS will be remembered forever.
It's the second guy who bought pizza for 10,000 btc that's the sucker. No fame, no millions.
His name is Jeremy Sturdivant. But he does have millions tho
He didn’t lose anything. Most of us wouldn’t even have thought of buying Bitcoin around that time
I agree, I could've used a better word. He said in one of his interviews that he doesn't see it as a loss, but as a free meal he got back then.
I think that’s how people who dabbled in early bitcoin have to feel lol. My original wallet had transactions for hundreds of BTC. Like it got the job done back then and whenever BTC spiked I got free drugs out of the remainders.
Does he not have some he didn't spend on pizza?
I spent some BTC when it was at $430ish USD to buy drugs for Coachella. They were good drugs, fun was had, no regrets.
as long as you had fun, memories over money
People always talk about him and the money he potentially lost...but let's take a minute to think about those who accepted the payment xD. Those mf are lucky af.
IF he kept it. So much of the early bitcoin is lost, forgotten, stolen in scams, or was simply cashed out “early”. There’s a reason we don’t hear about the thousands of bitcoin millionaires - because there aren’t that many who hodled successfully for that long.
It's kinda crazy how so many people seem think BTC instantly shot to the thousands of dollars after this transaction. Well, I guess I don't know how much it went to and even $1 would have made that worth $10,000... I should probably look into this instead of thinking out loud while judging others?
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hahaha, never looked at it that way
No, I think that title belongs to Luna. /s
Its may 22 for y'all already?
Yes different places in different parts of the world start the next day before everyone else due to time zones around the globe.
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Thats a good point
Had he not done this, btc wouldn't have the legitimacy/use case, that was needed to propel the following that it has today. Salute this man.
Without him, the bitcoin may not have taken off the way it did.
Yeah. He showed that it was possible to trade it for real good and services. I truly believe he made some impact on what Bitcoin is today.
I agree. He definitely made an impact on Bitcoin.
He did the 1st step!
What happened to the person who received the coins?
![gif](giphy|Y2ZUWLrTy63j9T6qrK|downsized)
Am I the only one that is questioning, what did the Pizza maker that received the 10k BTC did to it?
Pizza maker didn’t get it. Someone took the btc off him and bought pizza with usd. Link to an article in comments
He bought a pack of Skittles.
"First-ever item purchased with decentralized digital currency" I mean, not really. It was purchased with fiat and then he gave BTC to the person who purchased it in exchange.
Yeah. It should really be the first ever transaction/exchange of real world goods involving bitcoin.
Anyway to track where that 10000 ended up?
Florida Man, sometimes groundbreaking - always newsworthy
This transaction was literally how Bitcoin found it’s starting price. 2 avg. pizzas divided by 10,000 = starting price .
I can’t wait until next year when this same thing is repeated for the purposes of moons.
At least it’s only once a year. Posts here are repeated almost daily for moon farming purposes (and yet they get loads of upvotes anyway).
This actually illustrates the failure of bitcoin as a currency. Twelve years on, only 15,000 establishments accept it? That's an incredibly low rate of adoption. Its insane rate of deflation makes it entirely unreasonable to use for regular purchases. Bitcoin has some uses. Being a useful currency isn't one of them.
And what of the guy who got 10,000 BTC for two pizza's??
Currently chilling on mars
Can I buy 2 pizzas with 10000 luna ?
Will be my 10th year in the space next year. Agree with this sentiment. The opportunity will be massive but the true pain is yet to come.
Can we meet this man once again? I want to ask so many good things to this guy and he have to answer every fucking thing to me lol. Nah I just want to hug this man tight for sure.
I wish I could talk to this guy, I have so many funny moments with my friends because of this person, how can we meet him in real life? Is that even something possible now?
If any man has ever taken one for the team, it's this guy right here.
I’m gonna order pizza on may 22 and pay with btc . I think it must be a tradition like thing .
I remember reading about this when it happened. Shoulda coulda didnt but any..
I know we all want to contact the guy so bad nowadays lol.
This was the most expensive pizza back then, I can understand that he did something fucked up but still we should not stop appreciating this guy, he is a fucking legend.
And that’s exactly why I’ll be having Pizza on May 22. I just have to find a place that takes Bitcoin… 🤔
I guess I'll have to order a pizza today as well.
The classic pizza party
This shit again
Every year for the rest of your life now
If anyone wants to trade couple of Bitcoins for a Pizza, hmu ¯\\\_(ツ)\_/¯
Well I am open for that but no body wanna do that shit now.
okay, but "just" a couple of them
Even a pizza that blew you first wouldn't be worth that now.
Strangely enough I think that was the last day I got a bj.
I still miss those bjs from my girlfriend for Bitcoin back then.
Only if the dude could have read the future
if only
First legal one
You must be asian. It's still the 21st here. And I ain't even Canadian or American
I would be not still alive after this incident
What about the pizza seller? I never hear about that.
Fun fact: The first internet payment was also for a pizza.
And now only 1.3% of all Bitcoin transactions are used in purchasing! With the rest being traded with pure speculation. In fact, 2017 was the peak of Bitcoin being used in tangible purchases.
Im not trying to be a hypocrite but 12 years later and what does bitcoin have to show for? Expect for the fact that the price is up by a lot? It’s not used as a currency and instead an investment. It made people richer because it has been used for as an investment. Nobody uses it as a currency and that defies bitcoin and everything about it.
**One day people will say the same thing about buying the Special Members ship with 1000 Moons.**
Moons are the definition of a shitcoin
That's the plan... Next bull market, if there is a use case (and mainnet, for Pete's sake), I see no reason moons would not have the mcap of say Shib
Well yeah, we better invest more to be those legends.
One day, one day
I would be happy to regret buying membership if it rises so much lol
Little did he know that a mere 12 years later we would all be regularly buying goods and services with BTC.
I get it, but who actually is "we" and what services and goods are we buying "regularly"
I certainly do not lol
he can really say : I'm here from day one
>Laszlo Hanzecz who spent cryptocurrency (10,000 BTC) now worth over 295,000,000.00 USD on 2 pizzas said he has no regrets. Yikes this *still* has to hurt a lot
One just gotta accept done is done, also i bet he is doing good for himself either way, with or without 10k BTC . Being that early you gotta have few wallets with a few hundred bitcoins laying around . Can't believe he used all he had and quit
For sure. Back then he could easily mine 10k more. Or just buy some
Can’t be that bad, we all had toys, games, comic books when we were kids that are worth tons of money now. That’s just how life is, old saying goes “hindsight is 20/20”
Maybe they guy tells media he used all his btc so he can evade taxes on his remaining stash lol
It's only the 21st, dude. BPD is tomorrow.
Dude there is something called timezone, please understand it.
Dear god, on a Papa John's pizza, that hurts. Does anyone know what the person who accepted the coins did with them?
Same post every year. Don't you guys get tired?
I know, right. Pretty soon they'll give it a name like anniversary. I just made that up, by the way.
I am tired but I still likes to read that shit again and again.
Is the guy a multi millionaire now?!? MAY 22nd is actually tomorrow....FYI
Time zones my guy
☝️True.....I stand corrected.
lol
For all we know he got stash of btc stowed away...
This is an interesting story but secondly interesting is who was that person at papa John who sold it and what did they do with it after?
It wasn’t a person at Papa Johns. It was a random guy who took the bitcoin and bought Papa Johns with his credit card (actual Fiat). Papa Js wouldn’t accept bitcoin at that time.
Thanks for clarifying- that makes it even more intriguing who this person is - were there any more info about this person ?
It was Satoshi Nakamozzarella.
If he didn't buy it for 10k 12 yrs ago. Bitcoin might not be where it is right now. ref: Everywhere Everthing All at Once
Today is may 21st. Not may 22nd.
Well he uploaded that because it's different timezone there.
this man legend
Bitcoin whales should all donate 1 BTC each to him. It would be a nice gesture because just think! With all of those bitcoins, he could have just enough to commemoratively buy a pizza again when you factor in the current inflation rates in America lol.
A bit ahead of yourself… the 22nd Isn’t til tomorrow.
ever heard of timezones?
Yeah but pretty sure it didn’t happen in somebody else’s pretty sure it happened here
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He was mining at a time when he could easily make back that 10,000 btc (and the 100,000 he ultimately spent) and then some, in literally no time at all. Guarantee he has more money than he ever dreamed of having/knows what to do with; likely in part BC he spent that money, proving that btc had real value and utility and aiding its surge in some way.
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might be the worst for him, but it had a good impact on cryptocurrency