Two pizzas for 10,000 Bitcoins

 article about 10000 bitcoins for twp pizzas
It's an old news but still worth thinking about. Back in 2010 a Florida programmer Laszlo Hanyecz managed to talk someone in Domino's pizza into selling two pizzas for 10,000 Bitcoins he had mined. Today these could be considered the world's most expensive pizzas worth around $87 million. During the pizza buy the Bitcoins were worth $41. Now May 22 has been named Bitcoin Pizza Day to commemorate the transaction.

When Laszlo's pizza buy was worth "just" $7 million, he said to New York times that "It wasn't like Bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool." His pizza buy was actually one of the first purchases done with the cryptocurrency ever. Although his decision might look stupid, back then people didn't really know what bitcoin is or how big it could become.

Bitcoin is currently trading at anywhere between $8300 and $9000, down from nearly $20000 back in December 2017.

What happened to the guy he sold the pizzas to? Well, he did something similarly stupid, he sold them for 10x profit, so 10 000 Bitcoin at around $400 in total. While making 10x profit isn't bad at all, thinking about it now it still sounds pretty ridiculous.




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