Really it's an interesting story i have ever heard

2010 Cryptocurrency Loss Case: Bitcoin Pizza Transaction (Opportunity Cost Loss)

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Event: On May 22, 2010, programmer Laszlo Hanyecz initiated a transaction on the BitcoinTalk forum

Exchanging 10,000 Bitcoins for two Papa John’s pizzas (worth about $41).

This was the first time Bitcoin was used for a real-world commercial transaction, accepted and ordered by UK user Jeremy Sturdivant (forum ID: jercos).

This event is now known as “Bitcoin Pizza Day”.

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Loss Details: In 2010, the price of Bitcoin was about $0.004 per coin, making 10,000 Bitcoins worth about $40.

At the Bitcoin price in August 2025 (about $113,620 per coin), these 10,000 Bitcoins would be worth about $1.136 billion.

Although Laszlo's transaction did not result in a direct financial loss, the subsequent surge in Bitcoin caused a significant opportunity cost.

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Background: At the time, Bitcoin was not widely recognized, and transactions were mostly experimental in nature. Laszlo himself stated he did not regret it, as it promoted the early use of Bitcoin as currency.

He also mentioned having exchanged more Bitcoins (such as 40,000 coins) for other items, similarly losing potential gains.

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Lesson: Early participants underestimated Bitcoin's long-term value, overlooking its scarcity and potential. #交易认知