Florida man bought two pizzas for 10,000 bitcoin

In May 2010, Laszlo Hanyecz bought two Papa John’s pizzas for 10,000 Bitcoin, marking the first real-world Bitcoin transaction, which, if he had held onto the Bitcoin until its peak, would have been worth over $700 million.

Back in May 2010, Laszlo Hanyecz, a programmer from Florida, etched his name in history by buying two Papa John’s pizzas for 10,000 Bitcoin, signaling the inaugural real-world transaction with the cryptocurrency.


During that period, the value of the Bitcoin involved in the purchase hovered around $41, reflecting the nascent stage of the cryptocurrency, which lacked widespread recognition.


Nevertheless, had Hanyecz retained those 10,000 Bitcoin until the cryptocurrency’s zenith, his initial expenditure would have ballooned to an astonishing sum exceeding $700 million.

Written by Telha

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