Bitcoin Pizza

Happy Bitcoin Pizza Day; The story of two pizzas worth 14 thousand billion tomans!

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Thirteen years ago today, a person paid 10,000 bitcoins to buy two pizzas. The value of these bitcoins at today’s price is about 270 million dollars, equivalent to approximately 14 thousand billion tomans. Every year Bitcoin fans celebrate this day as “Bitcoin Pizza Day”.

On May 18, 2010 (May 28, 2009), Laszlo Hanyecz, one of the users of BitcoinTalk, the Internet forum of the Bitcoin community, announced by creating a topic that he was ready to buy two homemade pizzas for 10 000 bitcoins to pay.

He wrote in his post:

I pay 10,000 bitcoins for two pizzas. You can say maybe two big pizzas that I can save for tomorrow. I like leftover pizza that I can eat slowly. You can make a pizza for me and bring it to me or order it to be delivered to my house, but my goal is to pay with Bitcoin. I don’t want to make it myself or order it. Kind of like a hotel where you ask for a breakfast table and they bring it to you and you enjoy it! I like to have onions, peppers, sauce, mushrooms, tomatoes, pepperoni and such things on my pizza. Something standard and ordinary; Not that strange spices have been added to it. I also like regular cheese pizzas, which are not too difficult and expensive to make. If you are interested, let me know so we can make the deal. Thanks Laszlo.

paying 10,000 bitcoins for two large pizzas; A number that can be used today to open dozens of large and luxurious pizzeria branches. However, at the time, Laszlo was accused of trying to get a free pizza by scam, since 10,000 bitcoins were worth only $40 at the time. On the same day, one of the users wrote in response to Laszlo:

10,000…really few…you can sell these bitcoins at www.bitcoinmarket.com (the first bitcoin exchange) for $41…good luck getting mufti’s pizza.

When Laszlo published that post, each Bitcoin unit was worth about $0.004 (about 70 Tomans). Now, according to the data of the digital currency website, assuming a price of 27,000 dollars for Bitcoin, having ten thousand Bitcoins means a wealth of 270 million dollars; A dream that once cost only 40 dollars.

It took a few days for Laszlo to find someone willing to give two pizzas for something that has no roots or a very clear future. Finally, on May 22, 2010, Laszlo was able to buy two large pizzas by paying ten thousand bitcoins to a person nicknamed Jercos who lived in the same neighborhood. It was later revealed that Jersus’ real name was Jeremy Sturdivant.

Image of two pizzas bought with 10,000 bitcoins.

Just a few months later in November 2010, the value of these bitcoins reached $2,600. In 2011, 10,000 bitcoins became worth about 18,000 dollars, and from time to time users of BitcoinTalk updated the price of these bitcoins; But even the most optimistic Bitcoin fans didn’t think that $41 Bitcoin would be worth more than $200 million a day.

After that, Laszlo paid bitcoins several times to buy pizza and other things, and he claimed to have donated about 100,000 bitcoins in this way, which are worth more than 2.5 billion dollars today. But this was not the end. In February 2018, Laszlo once again bought two pizzas with Lightning, this time to help expand the Bitcoin Lightning network.

Happy Bitcoin Pizza Day/ the story of two pizzas worth 1000 billion Tomans!
Purchase of two pizzas with Lightning Network by Laszlo – February 2018.

Jeremy Sturdivant, the man who made a hidden fortune by giving away two pizzas, is probably regretting not waiting these days. In an interview with Cointelegraph, he said that a long time ago, when the value of these bitcoins reached several hundred dollars, he sold those 10,000 bitcoins.

Last year on this day, the Toman value of 10,000 Bitcoins was about 9,000 billion Tomans, and this year, this amount of Bitcoin (according to the increase in the dollar rate in the country) is worth 14,000 billion Tomans. What do you think 10,000 bitcoins will be worth next year?

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