Hey. Remember the guy who sold 10k bitcoins for 2 pizzas? this is him!

>offering 10 000 bitcoins in exchange for some pizza and somebody there said hey i’ll you know i’ll take you up on that offer so i sent him the 10 000 bitcoin i said okay here it is you know i’m waiting for my pizza and you know he phoned it in he paid with his credit card and the pizza showed up at my door here you can see the original pizzas and that’s my daughter’s hand she was a year old wow so um you paid you paid 10 000 bitcoins for one pizza it was two pizzas actually two pizzas and uh i mean you know maybe the person spent thirty forty dollars something like that what would it what would it be worth today eighty million dollars i don’t know 80 million dollars a lot people laugh at that but at the time it wasn’t worth anything right

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40 thoughts on “Hey. Remember the guy who sold 10k bitcoins for 2 pizzas? this is him!”

  1. This kind of shit is why I dont have any feelings about not buying bitcoin when I first heard about it back in 2012. Sure if I had bought it and held for 9-10 years I’d be retired. But I was in my early 20s and if I had bought bitcoin back then, I would have sold it after a couple hundred dollars profit and bought weed with it. There’s no chance I would have held onto it back then and its a waste of time and emotional energy to regret thinking about what ifs.

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  2. Somebody had to go first. He’s a hero. He should never have to pay for his own pizza or beer again as long as he lives.

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  3. One of my friend bought a condo for BTC in early 2010s. He is worth hundred of millions in crypto today, but would be worth significantly more if he didn’t do that haha.

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  4. We hear so much about the guy who sold his btc for some pizza but I would love to hear from the guy who got 10k bitcoins for a pizza.

    Wonder if he managed to hang on to it or if he traded it for a kebab

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  5. People talk about these pizzas, but until ASICs made it impossible people were mining and then spending Bitcoin on upgrading their rig to mine faster. Since you can retire on 100 BTC there’s a LOT more people we could be talking about.

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  6. He’s obviously about to cry. But on the hindsight, what he said was true, bitcoin isn’t worth anything **that time** and it was a good trade for something you can eat. But it doesn’t seem convincing if he said it with eyes and face like that.

    I could laugh just the same at guys who bought weed for thousands of btc, they bought weed worth millions of dollars if you think about it.

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  7. I bought $100 worth of Bitcoin either in 2011 or 2012 to buy In to poker stars and was pissed when it only gave me 70 Bitcoin. I was like wtf why isn’t it 100? Needless to say I never did that again.

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  8. I always here this story but whatever happened to the person that received the 10,000 Bitcoins for providing the pizza? Is that person rich?

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  9. There is an unconfirmed rumor that Satoshi was pissed at Lazlo for writing the code that enabled mining with GPUs. Some say the pizza incident was Lazlo’s penance and an attempt to redistribute some of his stack.

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  10. RL story from me:
    I’ve had long talks with my current boss and he used to own like 20 BTC or more back when BTC was just like 70Cent or something and he did the same.. went all in for Pizza and made someone today a millionaire 😀

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  11. He was wiser than 20 yo me, to buy crypto.

    I’m still kicking myself because I wanted to buy BTC a lot of time 10 years ago, but never fully committed.

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  12. I can’t help but wonder if he had way more btc & is actually well off regardless of his TMNT impulse purchase. If not, I bet someone has, or will give him btc for being such a staple.

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  13. He used bitcoin to buy food for his kids and a was a pioneer in utilising the tech, that’s not stupid at all. Yes in hindsight with the info we have now it’s upsetting to think about how much money he exchanged for the pizza, but the situation was completely different back then. There’s no point mocking him or laughing about it.

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  14. That guy didn’t lose anything more than the difference between the market rate at that time and the price of 2 pizzas. If they were selling for $0.10 for example, then he lost (10,000 x 0.1 – $40 = $960)

    No more no less. Because YOU could have decided to buy 9,600 bitcoin for that same $960 as well, that same day. The fact that YOU did not do so is not any amount more or less stupid or unfortunate than this guy buying the pizzas was.

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  15. If he really wanted to he could have just bought another 10k Bitcoin? What was the actual price at the time? Presumably about 2 pizzas? I don’t understand why this is attracts mockery. It’s not like he was forced to cash out his investment to feed his family, he just made a fair value exchange.

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