Mildly Interesting: One Bitcoin can now purchase 10,000 pizzas.

In May 2010, Laszlo Hanyecz famously made one of the first Bitcoin purchases when he [got a Papa John’s pizza for 10,000 BTC]( (apparently it was two pizzas, but let’s stick to the legend).

Currently, [with a coupon on “Consumer Queen,”]( you can get a small 1-topping Papa John’s Pizza for $4.

This means that, if you had a LOT of those coupons and 1 BTC, at today’s rounded price of $47,000 per coin, you could purchase well over 10,000 Papa John’s pizzas. 11,750 to be exact.

I was going to wait until Bitcoin crossed $80,000 since the pizza’s I normally buy are $7.99, but obviously the moonshot hasn’t come yet and I got impatient, haha.

View Source

45 thoughts on “Mildly Interesting: One Bitcoin can now purchase 10,000 pizzas.”

  1. Somewhere in the corner Laszlo Hanyecz is eating Pizza and reading this thread.

    But without his ultimate sacrifice BTC would have not made it this far. Bow down to the legend.

    Reply
  2. BTC-Pizza has been in a bull market since 2010 but I think we’ve nearly hit a peak and Pizza will inevitably start to pump again. I’m still holding the Pizza I bought 10 years ago hoping to recoup some of my losses.

    Reply
  3. Mildly interesting. Imagine a way to duplicate this transaction receipt into a digital collectable as an NFT, lots of crypto natives will be vying to buy it. I’m bullish on collectables, and I’ll be adding some from the BBGM collections. They have a wide range of utility, and they can be staked. Amazing!

    Reply
  4. In the UK Dominos pizzas are like £21 for a large 🙃 people dont pay that (you use 50% off vouchers) but still a lot less than 10k.

    Reply
  5. How to be famous in the crypto community = buy 10’000 pizzas with a BTC .

    Boom you’re the next Laszlo Hanyecz and both can live on as not so rich legends lol…

    Reply
  6. I’m not buying any pizza with BTC. I’ll buy a tasty pie with some dirty old fiat though. I wanna keep my crypto for awhile here, especially papa BTC.

    Reply
  7. This stat has always felt weird to me, even though it’s factually true. But for some reason, I consider 1 Bitcoin to garner way more than only 10k pizzas in my mind

    Reply
  8. I came here to say you must live in a future where BTC is worth a lot more than $47k, since your average large pizza runs a fair bit more than $4.7. Then I saw how you trolled me with a personal pizza count!

    Reply
  9. Back then it wasn’t a great deal as far as I can tell. Bitcoin looked to be worth about ten cents. Those pizzas were 50 dollars each. But selling wasn’t so easy then, so getting the food with minimal hassle was probably worth it.

    Reply
  10. Bullish on Pizza. What’s the best exchange aping into pizza? And do you recommend hot or cold storage for hodling pizza?

    Reply

Leave a Comment