Sign in
Download Opera News App

Economy

 

Investing

 

Cryptocurrency

Meet Laszlo Hanyecz, the man who used 10,000 Bitcoin to buy two pizza.(1 Bitcoin now worth over 3m)

You may think that you have never heard of Laszlo Hanyecz, a Florida-based programmer working for online retail company GoRuck, but you’d probably be wrong — Hanyecz was behind the inspirational purchase of two pizzas from Papa John’s for 10,000 Bitcoin(BTC) back on May 22, 2010, making it 10 years ever since

But the transaction did not involve only one person: Jeremy Sturdivant, also known as Jercos, participated in the original Bitcoin pizza deal as the recipient of those 10,000 BTC that he turned into two pizzas.

Ever since the fateful first-ever recorded transaction of Bitcoin for a physical goods, the use case for the currency has taken off, with customers now able to use Bitcoin for real estate bookings, online shopping and, of course, pizza.

Cointelegraph got the chance to speak to both Laszlo and Jeremy this week about their views on Bitcoin, how they feel about the legacy of the “Bitcoin Pizza” and their favorite type of pizza.

When asked about the most amount of Bitcoin he has ever had, Sturdivant estimated it to be close to 40,000 due to both mining and trading early on:

He said, I've never seen Bitcoin as an investment and while it's easy to look back and say ‘I could have been a millionaire’, I think it's more important to look at the mindset I had during the pizza transaction, not being that of acquiring an investment, but of making use of a form of currency. If I was looking to hoard coins, I very likely wouldn't have been in the right place at the right time. "

Sturdivant also noted that he’s also continued to buy and sell pizza in cryptocurrency using Bitcoin, litecoin (LTC), and Ethereum(ETH), and that he prefers pizza with meat and red onions, although “for a little controversy, I like ‘Hawaiian’ pizza quite a lot.”

Content created and supplied by: AdikwuEdache (via Opera News )

Bitcoin Hanyecz Jeremy Sturdivant Laszlo Hanyecz Papa John

COMMENTS

Load app to read more comments