The Untold Story: Who Received 10,000 Bitcoin for Pizzas? 🍕💰
The story of the infamous Bitcoin Pizza Day has become crypto folklore. On May 22, 2010, Laszlo Hanyecz, a programmer, made history by paying 10,000 BTC for two Papa John’s pizzas—valued at around $41 at the time. Today, those bitcoins would be worth hundreds of millions of dollars, making it the most expensive meal ever recorded. But while everyone remembers the buyer, what about the guy who received 10,000 BTC?
1. Who Was the Seller? The Man Behind the Wallet 👤
The person who accepted the 10,000 BTC in exchange for pizzas was Jeremy Sturdivant, also known by his online handle "jercos." At just 19 years old, Jeremy was active on the Bitcoin forums, where Laszlo posted his offer to trade BTC for real-world goods. Seeing the opportunity, Jeremy jumped in to fulfill the request.
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2. What Did Jeremy Do with the 10,000 BTC? 🤔
Unlike Laszlo, who famously “spent” his bitcoin, Jeremy didn’t hold onto his newfound treasure. Instead, he spent or traded the coins as Bitcoin gained traction in niche online communities. At the time, Bitcoin wasn’t seen as a store of value but more as an experimental currency.
Jeremy later explained in interviews that he never regretted spending the bitcoins, as their value was insignificant back then. “Hodling” wasn’t yet a common practice in the crypto world!
3. Where Is He Now? 🕵️
Jeremy Sturdivant has largely stayed out of the public eye, unlike Laszlo, who has become a Bitcoin celebrity. Despite missing out on a fortune, Jeremy’s involvement in the early Bitcoin ecosystem has cemented his place in history. He continues to show an interest in technology and cryptocurrency but prefers to remain low-key.
4. Why Don’t We Talk About Him? The Buyer vs. The Seller 🥊
The story of the Bitcoin Pizza Day is often framed around “the loss”—the potential value of the 10,000 BTC Laszlo spent. It’s easy to imagine what could have been if he had held onto those coins. But Jeremy’s story reminds us of the other side: someone received those coins, used them, and moved on.
The emphasis on the buyer over the seller also reflects our obsession with missed opportunities. Laszlo’s story is a cautionary tale, while Jeremy’s is one of simply participating in an experiment with no regrets.
5. Final Thoughts: A Tale of Two Bitcoiners 🏅
While Laszlo gets all the attention for spending 10,000 BTC on pizzas, Jeremy’s role is just as significant. He represents the early adopters who saw Bitcoin not as a goldmine but as a currency to use and trade.
In the end, both men played pivotal roles in Bitcoin’s history, demonstrating its utility in real-world transactions. Without people like Jeremy willing to accept BTC for goods, the cryptocurrency might never have grown into the global phenomenon it is today.
So, next time you celebrate Bitcoin Pizza Day, raise a slice for Jeremy Sturdivant—the unsung hero of crypto’s most iconic transaction. 🍕🚀
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