Let's Order PIzza on Sunday -- WIth or WIthout Bitcoin
Laszlo Hanyecz was a 28 year old hacker when he found Bitcoin in 2010. He first tried to break the system, then he figured out how to use his computer and a GPU card instead of a CPU to mine it.
He managed to use his GPU card to gain 28 blocks of the approxiamately 140 blocks released each day. That gave him 1400 coins.
He was able to contact Satoshi through the forums where he was then a regular. When Satoshi learned about the high yield day he encouraged him not to continue doing so as he wasn’t against concentrated wealth but at that stage of BTC development it was better for more people to have growth than fewer.
Hanyecz continued mining and built up 70,000 BTC. He then made a forum posting offering to pay 10,000 BTC to anyone who would have 2 pizzas delivered to him. He asked for 2 large ones so he’d have some leftover.
He didn’t care if it was homemade or pizzeria. The goal was to get pizza in return for BTC. He said he liked: onions, peppers, sausage, mushrooms, tomatoes, pepperoni etc. But was good with regular cheese pizza.
He was offering about $40. On May 22, 2010 posted that he’d received the pizza for BTC and posted an image of the pizzas. Yes the image in the header which I screenshot from this video:
You Up For Pizza on Sunday?
I’m thinking I’ll be ordering pizza on Sunday. Probably pepperoni, mushroom and green pepper which is what I usually enjoy.
I wont be using bitcoin although it would be sweet to have 10,000 bitcoins right now. It would be worth about $293,000,000 USD or about $377,000,000CAD. Now with that, I’d likely order up a pizza party for the community.
How about you? Going to mark that first crypto transaction that helped pave the way for all we have now in this space?
BITCOIN PIZZA DAY May 22, 2010.
What a long way we’ve come in twelve years.
Shadowspub is a writer from Ontario, Canada. She writes on a variety of subjects as she pursues her passion for learning. She also writes on other platforms and enjoys creating books you use like journals, notebooks, coloring books etc.
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Aaaahhh... Those were the days when people thought we were crazy for getting into "this thing of ours." I remember that day well. Bac k then, people told me that getting those 5 free bitcoin from that first crypto faucet was an illegal receipt of homemade currency. They couldn't see the vision I had that crypto would represent the future, and that this new distributed ledger would provide real utility. Someday we may be able to celebrate HIVE Pizza Day! I'll take pepperoni please! :)
source
don't you love the pseudo lawyers... illegal receipt of homemade currency.. show me the statute please lol
Any day can be Hive Pizza day ... we're constantly using it for transactions. I have two iPads sitting here that were funded by Hive.
Best write-up on this I have ever seen, most just cover the 10k BTC and say it was for Pizza, but leave out any details. I'm glad Laszlo didn't blow his whole stash on pizza, and like I assumed, he had good intentions for dispersing the 'still in it's infancy' crypto-coin 👍👍👍
GREAT TO SEE U STILL PUMPING OUT THE GREAT CONTENT, SHADOW!!! 💖💖
good to see you stranger.. how you been?
Not bad, I'm jist hoping my latest crypto allocations are going to go crazy this time... this will be my 3rd Halving, and third time is a charm!!
All the best to you 👍🏼
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PS: check your math 😅
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have some LOH tokens!
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I think you may be referring to me leaving out the CAD on the current values of the 10k BTC? Nice catch
OK!!
Bitcoin wasn't a hotcake as it is now then though
Would I regret my actions of I was him?
Definitely I will but on the other side, I will take it as one of those things that happened.
It's quite painful
Not gonna lie
Dood still had 60,000 bitcoin MOAR when he did that. I suspect Laszlo is doing OK 👍🏼
Wow, really
Then the dude is well off
why would you regret spending some crypto on a real world purchase to show it could be done? If all you're going to do is hold it forever the value is paper only.
I get the message now 👍
Dispersing the wealth, which is what Satoshi wanted to happen! Awesome
29300*10=293,000
Ten thousand, not Ten.
Hindsight is always 20/20. Back then what he did was revolutionary. Does anyone know the story of the recipient of the Bitcoin received for the pizza?