🍕10,000 BTC for Pizza: The Most 'Luxurious' Meal in Crypto History

On May 22, 2010, programmer Laszlo Hanyecz from Florida, USA, posted on the Bitcoin forum: 'I want to trade 10,000 bitcoins for two pizzas, preferably large ones, so I can save some for the next day.' At that time, Bitcoin had only been around for a year, the total network computing power was less than one trillionth of today’s, and 1 BTC was worth about 0.003 cents.

▍Transaction Details

Pizza Source: UK user 'jercos' ordered two pizzas from Papa John's for Laszlo using a credit card (total price about $25), and Laszlo completed the transfer through his wallet address.

Technical Background: At that time, there were no exchanges for Bitcoin, and transactions relied on forum 'barter'; Laszlo was the first player to mine using a GPU and had once produced over a thousand BTC in a single day.

Subsequent Developments: By 2010, Laszlo had traded over 100,000 BTC for pizza, and at the peak in 2021, these pizzas were worth over $6 billion.