May 22, 2010 marks the 10th anniversary of the first Bitcoin transaction, in which a Florida man paid for two pizzas with the Bitcoin. The day has become part of folklore, not because of the transaction, but more the price: Laszlo Hanyecz paid 10,000 Bitcoins for two Papa John’s pizzas.
In a recent interview, he said pizzas were delicious and that he does not regret anything. 10,000 $BTC is now worth around $92 Million USD.
Organized on bitcointalk forum, the Florida man reached out for help. “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,” Hanyecz wrote.
“I like having left over 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!”
A British man took up Hanyecz’s offer and bought the two pizzas for him in exchange for the 10,000 Bitcoins. Even then the recipient of the Bitcoins got himself a bargain, paying $25 for the pizzas, while 10,000 Bitcoins were worth around $41 at the time.
Despite the astronomical rise in the price of Bitcoin it seems Hanyecz is not phased about his deal. “It wasn’t like Bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool,” Hanyecz told the NY Times.