#BinancePizza

The $670 Million Pizza: Bitcoin's Most Expensive Meal

Back in 2010, when Bitcoin was just a little-known digital experiment worth mere pennies, a Florida programmer named Laszlo Hanyecz was hungry for pizza.

Laszlo had been mining Bitcoin as a hobby on his computer, accumulating a decent stash of this new "internet money" that few people took seriously. Eager to prove Bitcoin could actually be used to buy something real, he posted a proposition on a Bitcoin forum on May 18, 2010:

"I'll pay 10,000 bitcoins for a couple of pizzas... like maybe 2 large ones."

At the time, those 10,000 bitcoins were worth roughly $41 in total. A British man took up the offer, ordering two large Papa John's pizzas for delivery to Laszlo's house. The transaction was completed on May 22, making history as the first real-world purchase using Bitcoin.

Two delicious pizzas. Ten thousand bitcoins. A perfectly reasonable trade in 2010.

Fast forward to today, and those same 10,000 bitcoins would be worth over $670 million.

Laszlo doesn't seem to have any regrets, though. In interviews, he's mentioned that he made more Bitcoin transactions after that and is just happy to have been part of Bitcoin's early history. "It wasn't like bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool," he once explained.

The date of the purchase, May 22, is now celebrated in crypto circles as "Bitcoin Pizza Day" - a humorous reminder of how far cryptocurrency has come and perhaps the most expensive meal in human history.

The next time you order a pizza, just remember: no matter how much you paid, Laszlo probably has you beat.