#BinancePizza
🔥 probably referring to Laszlo Hanyecz, the man behind the famous "Bitcoin Pizza" story. Here's the whole tale:
The Story of the Man Who Sold 10,000 BTC for Pizza
Background: In early 2010, Bitcoin was still a niche technology experiment. It was invented in 2009 by Satoshi Nakamoto, and at that time, Bitcoin had no established market value. People mined Bitcoin using CPUs at home, and few people saw it as having any real-world use.
Laszlo Hanyecz: Laszlo Hanyecz was a programmer and early Bitcoin enthusiast from Florida. He was among the first to contribute to Bitcoin's open-source development, especially improving the mining process for GPUs.
The Pizza Purchase (May 22, 2010): Laszlo wanted to prove Bitcoin could be used for real-world transactions. So, he posted an offer on the Bitcointalk forum:
"I'll pay 10,000 bitcoins for a couple of pizzas... like maybe 2 large ones so I have some leftover for the next day."
A fellow forum user took him up on the offer. Laszlo transferred 10,000 BTC, and the user ordered 2 Papa John's pizzas (worth about $41 USD at the time).
At the time, 10,000 BTC was practically worthless. But in hindsight, those coins would later become worth hundreds of millions of dollars, even reaching nearly $700 million at Bitcoin's all-time high.
Legacy:
This became known as the first real-world purchase using Bitcoin.
May 22nd is now celebrated as "Bitcoin Pizza Day" in the crypto community.
Laszlo has said in interviews that he doesn't regret the transaction because it helped kickstart Bitcoin’s journey toward real-world utility.
He made several pizza purchases, totaling over 100,000 BTC, according to some sources.