Bitcoin Pizza: A $4.4 Billion Belief in Technology

In 2010, programmer Laszlo purchased two pizzas for 10,000 bitcoins, a transaction worth $1.1 billion at current prices, marking the first real-world payment case in the history of cryptocurrency.

As an early core developer, Laszlo not only ported Bitcoin to MacOS (compiling the first Apple wallet using iBook G4) but also propelled the GPU mining revolution, once producing an average of 700 BTC per day. He deeply discussed the nature of currency and network scalability with Satoshi Nakamoto, laying the foundation for Bitcoin technology.

To verify Bitcoin's practicality, he initiated the "Pizza Bounty" on the forum on May 18, 2010. University student Jeremy completed the transaction using a credit card, leaving a value symbol on the blockchain. Laszlo later exchanged another 40,000 BTC for pizza, equivalent to $4.4 billion at current prices.

"This wasn't about money, but to prove that Bitcoin is useful." This technologist, who has faded from the community, made another pizza purchase in 2018 using the Lightning Network, paying 0.00649 BTC, staying true to his original intention.

May 22 is designated as "Bitcoin Pizza Day," commemorating the critical leap of technology into reality.

When geek ideals shine in reality, history is always written by those who dare to act—

Would you give up $4.4 billion for your beliefs? When new opportunities arise again, will you become the next Laszlo?