If you are new to Bitcoin Twitter, you are probably wondering what Bitcoin pizza day is all about. Is everyone planning a pizza party without you? Is it ok to have pineapple on a Bitcoin pizza? (Answer: NEVER). If you are feeling lost, you have come to the right place. Lets dive into what this delicious day is all about!
How did Bitcoin pizza day start?
On May 18, 2010 Bitcoin Core contributor Laszlo Hanyecz posted an innocent question on the Bitcoin Talk forum: “Pizza for Bitcoin?” He went onto say:
“I’ll pay 10,000 bitcoins for a couple of pizzas. Like maybe 2 large ones so I have some left over for the next day. I like having leftover pizza to nibble on later. You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I’m aiming for is getting food delivered in exchange for bitcoins where I don’t have to order or prepare it myself, kind of like ordering a ‘breakfast platter’ at a hotel or something, they just bring you something to eat and you’re happy!”
Did anyone respond?
Yes! The comments started to flow in with people asking why he wasn’t just ordering the pizza himself. To which Laszlo responded:
“I just think it would be interesting if I could say that I paid for a pizza in bitcoins”
That logic seems to be as sound as Bitcoin itself!
How much was 10,000 Bitcoin worth?
We’ll let Bitcoin Talk contributor ender_x answer that question:
“10,000…Thats quite a bit…you could sell those on https://www.bitcoinmarket.com/ for $41USD right now…good luck on getting your free pizza.”
Ah, if ender_x only knew what was in store for the future price of Bitcoin. Speaking of that…
How much was 10,000 Bitcoin worth during the 2017 bull run?
It is safe to say that we all wish we had taken Laszlo up on is offer. When Bitcoin peaked at around $20,000 in late 2017 those 10,000 Bitcoin would have been worth $200,000,000. Yikes! We hope Laszlo at least got extra toppings.
Did Laszlo ever get his pizza?
Yup, he sure did! The transaction was a success with some picture evidence to prove it.
Where is Laszlo now?
Despite the high pizza cost, Laszlo has kept a great attitude about it over the years. Besides being known as the Bitcoin pizza day guy, he has made many core contributions to the network. This included building and deploying the first macOS Bitcoin Core release. He also helped revamp the landscape of mining. Laszlo first introduced the community to GPU mining in May 2010. At the time he saw this as simply contributing to something that was very much still an experiment and not yet a movement. He even got to sit down with Anderson Cooper for a 2019 feature on 60 Minutes!
A big thanks to Laszlo for all he has done to support Bitcoin. From his many technical contributions as well as awareness from buying a pizza. Each action has represented a huge milestone in Bitcoin’s life. Happy Bitcoin pizza day to all!
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What is SHAmory?
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