In a post published on bitcointalk.org almost fourteen years ago today, Laszlo Hanyecz mentioned that he was willing to trade 10,000 bitcoins for “a couple of pizzas.” In a surprising turn of events, the majority of people are unaware that he completed the transaction in just four days, which is now valued at an astounding $670 million.
The Well-Known Bitcoin for Pizza Offer That Was Completed with a Timeframe of Four Days
In May of 2010, Bitcoin (BTC) had a value that was practically not worth anything at all. On May 18, 2010, the audacious programmer Laszlo Hanyecz proposed exchanging a whopping 10,000 Bitcoins for a fantastic pizza feast; the transaction was to take place.
This day, fourteen years ago, is generally acknowledged to have been the occasion of the first commercial transaction that was documented to involve the use of Bitcoin (BTC). Hanyecz initially put out the concept on May 18, but it was on May 22 that anyone agreed to consider it.
If you are interested in purchasing two pizzas, I am prepared to offer you a lovely penny, which is equivalent to 10,000 bitcoins. When Hanyecz was asked about it at the time, he stated, “I would prefer them to be on the larger side so that I have enough to eat about the following day.”
Having leftover pizza for a snack later on is something that I genuinely like doing. You can utilize a delivery service, or you can make the pizza at home and bring it to my location. Both options are available to you.
On the other hand, I would like to receive food in return for bitcoins rather than having to worry about placing the order or preparing the meal myself. Having this experience would be comparable to placing an order for a “breakfast platter” at a hotel, where you are satisfied with the food that is already prepared for consumption.
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Not the Best Way to Use Bitcoins
When Hanyecz was being questioned about his location during that period, he responded by indicating that he was in Jacksonville, Florida. Jacksonville is located in the state of Florida. Some individuals were of the opinion that he could find a better bargain than the one he was currently receiving. “Ten thousand…” There is a significant amount of money to be found there… You can sell those on [Bitcoin Market] at the current price of USD 41. This opportunity is available to you right now. May you be successful in acquiring the free pizza that you are entitled to!
One individual indicated an interest in placing an order with Domino’s Pizza when they were traveling in Europe; however, they needed help with how to proceed correctly. Consider giving Papa John’s a try, in case you haven’t done so previously. As of May 20, three days had passed since the programmer submitted the request, and there had yet to be a response to the request.
Hanyecz inquired:
Is there anyone interested in purchasing pizza for me? Is the Bitcoin amount I’m proposing insufficient?
Jokingly, some people wondered if he was “feeling hungry or if he simply had a fondness for pizza?” after remarking that they weren’t in the US. The deal was so unprecedented that it left many in disbelief. After the deal was finalized on May 22, 2010, Hanyecz announced it the next day. “I am pleased to inform the bitcointalk.org community that I have successfully exchanged 10,000 bitcoins for a delicious pizza,” said Hanyecz. “Congratulations, Laszlo. You have accomplished a great deal,” Martti Malmi, alias Sirius, praised in response.
Lose a Lot of Money, but Make History
At the present Bitcoin exchange rate, the money that Hanyecz spent would be worth an incredible $670 million. Also, he extended the offer all the way through June. This offer is totally open.
Even though the pizza transaction went viral, the programmer continued to express his willingness to trade a substantial amount of 10,000 BTC for just two of the delicious pizzas whenever he had the money (which, I should mention, he usually does have in plenty). A reference to the purchase of the two pizzas from Papa John’s was made by the company on X in 2021.
Papa John’s told the tale of how Laszlo Hanyecz, a programmer, made history eleven years ago on May 22, 2021, when he spent 10,000 bitcoin on two pizzas. This transaction is widely recognized as the first ever Bitcoin pizza purchase.
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