#Binancepizza
We all know the legend of Bitcoin Pizza DayâMay 22, 2010âwhen Laszlo Hanyecz famously spent 10,000 BTC (worth a mere $41 at the time) on two Papa Johnâs pizzas. Fast forward to today, and that same Bitcoin would be worth hundreds of millions of dollars, making it the most extravagant meal in history.
But what about the other side of the story? Who was the geniusâor just a lucky teenâwho received those 10,000 BTC? Letâs dive in.
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1ď¸âŁ Meet the Seller: Jeremy Sturdivant, a.k.a. "jercos"
At just 19 years old, Jeremy Sturdivant stumbled upon Laszloâs quirky offer on a Bitcoin forum: 10,000 BTC in exchange for two pizzas. Seeing an opportunity, he decided to take up the challenge and delivered the pizzas (valued at $25) in exchange for what was, at the time, âplay money.â
Jeremy, or âjercos,â had no idea this small transaction would go down in history.
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2ď¸âŁ What Happened to the 10,000 BTC? đ¤Ż
Unlike Laszlo, Jeremy didnât hodl those 10,000 BTC to watch them turn into generational wealth. Instead, he spent or traded them within niche online communities as Bitcoin began to gain traction.
Why didnât he hold onto them?
Back in 2010, Bitcoin wasnât seen as a store of value but as a fun, experimental currency. Jeremy later remarked he had âno regretsâ about not holding the coins, as Bitcoin was never about wealth back thenâit was about utility and experimentation.