The Bitcoin Pizza Guy: This Man Sold 10,000 Bitcoins for Two Pizzas
How would you feel today realizing that the 10,000 units of Bitcoin you sold for $40 is now worth a fortune? Read this incredible story of Laszlo who exchanged 10,000 Bitcoins for two pizzas in 2010.
Welcome to this episode of Crypto Big Stories. Today, we will share the incredible story of Laszlo Hanyecz, a computer programmer and Bitcoin miner who traded 10,000 Bitcoins for “two Pizzas”.
In early 2010, Laszlo learned about Bitcoin from online sources and was thrilled by the concept of decentralization. At that time, Bitcoin was still a speculative digital asset, and most people didn’t see any value in it.
However, Laszlo saw potential in Bitcoin and read the Bitcoin whitepaper to understand its revolutionary concept. He believed that Bitcoin could transform the future of finance by enabling global transactions without a centralized third party.
To benefit from the new wealth economy in cryptocurrency, Laszlo quickly set up his old computer and began mining Bitcoin. Within a few months, he mined a significant number of Bitcoins. However, Bitcoin had no commercial use case, and people didn’t accept it as a means of payment.