Bitcoin Pizza Day | What happened to the guy who spent 10,000 Bitcoins on pizza?

Today is May 22, a special day for people in the cryptocurrency world.

Nine years ago today, Bitcoin was priced for the first time. From then on, Bitcoin began to have real exchange value. Therefore, this day became the anniversary of Bitcoin, known as Bitcoin Pizza Day.

As for the origin of Bitcoin Pizza Day, it is a very interesting story.

After Bitcoin was invented by Satoshi Nakamoto, the founder of Bitcoin, there were still very few people in the world who actually knew and used Bitcoin. For quite a long time, Bitcoin was a topic of discussion among crypto geeks.

Until May 18, 2010, a programmer named Laszlo Hanyecz expressed his wish to exchange 10,000 bitcoins for two large Papa John's pizzas (worth $40 at the time) on a Bitcoin forum. Gradually, people noticed the post. Three days later, a cryptography enthusiast named jercos took advantage of the merchant's discount and spent $25 to buy two pizzas and sent them to Laszlo, and received 10,000 bitcoins as promised.

Although Laszlo published the post on the 18th, May 22nd was the actual trading day. People chose the trading day as the official commemoration day, so May 22nd was named "Bitcoin Pizza Day."

According to the price of pizza at that time, the initial price of Bitcoin was 0.004 US dollars. Now the price of Bitcoin is about 8,000 US dollars, which has increased by 2 million times compared with the price at that time . At that time, 10,000 Bitcoins were worth 80 million US dollars now, which is about 560 million yuan in RMB. The person who exchanged Bitcoin for pizza missed the opportunity to become a billionaire.

I wonder how Laszlo feels now when he sees the price of Bitcoin?

Before the Bitcoin Pizza Festival, a foreign program team approached Laszlo for an interview.

The host asked Laszlo if he regretted selling so many bitcoins. Laszlo said:

"I don't regret it. It was a good thing to be involved in Bitcoin in the early days. People know that I used Bitcoin to buy pizza. At that time, I didn't think Bitcoin would be as popular as it is now, but I just thought it was a very cool thing to buy pizza with Bitcoin."

Later, Laszlo said that he no longer dwells on the past, because if he keeps dwelling on the past he will not be able to maintain inner peace, which is not a good thing.

Facing the questions from reporters, we can see that Laszlo is now very calm, with an attitude of "let him be as strong as he can". He reminds me of one thing: the purpose of each of us working hard to make money is for physical or mental freedom. If money disturbs our inner peace, it will be a loss!

Laszlo and his children

Regarding the Bitcoin pizza, someone made a comparison. The company that Laszlo bought the pizza from went public in July 2004, with a stock return rate of 4200%. The technology giant Google also went public in August of the same year, and its stock return rate is currently around 2228%.

Of course, although the investment returns of these two stocks are very high, they pale in comparison with the investment return of Bitcoin. Looking at the economic history of mankind, Bitcoin's two million times investment return is probably unmatched.

It has been ten years since the birth of Bitcoin, and today is the ninth Bitcoin Pizza Day. This festival will always stand as an important milestone in the history of Bitcoin.

Author: Big Cat in the Coin Circle

Source: Blockwave