Bitcoin Secret History: Bitcoin Pizza Incident Follow-up

Source: Hash Pie

Author: LucyCheng

Cryptocurrency insiders have heard about the origin of Bitcoin Pizza Day, and have heard about the name Laszlo Hanyecz. In the eyes of many people, the programmer who bought two pizzas with 10,000 bitcoins in May 2010 is a bad luck. It is the saddest food in the world; but in reality, Laszlo himself does not seem to completely Spend hundreds of millions of Bitcoins at heart.

Picture from: Network

Many people may not understand that Laszlo Hanyecz is the earliest miner of the Bitcoin network to use GPU mining (Related Article: "Bitcoin Miner Who First Used GPU Mining Machine | Bitcoin Secret History"). For Laszlo, who had thousands of BTC at the time, that 10,000 bitcoins might not be a big deal. Although we don't know how much bitcoin the early player still holds, and whether he profited during the bitcoin bull market; whenever reporters and eating crowds asked Laszlo if he would regret the 10,000 BTC, he It's always said lightly, "No."

Compared to the annoyance and regret that most people think, Laszlo prefers to use fun to describe the experience. "I think it's great to be part of Bitcoin's early history in this way," Laszlo said in an interview in 2018. "I also provide technical support to people on the forum to bring Bitcoin to MacOS to help Fixing system vulnerabilities and so on. I've been promoting people to use bitcoin, and using it to buy pizza is just one way. I didn't expect it to become so popular. "

And it is said that buying pizza is not the only time Laszlo has spent a large amount of bitcoin; he once sold all his bitcoins when the price of bitcoin rose to one dollar, and used this to buy a new one. computer.

Programmer and his kids buying pizza with bitcoin (Image: Web)

Just as Laszlo didn't regret having spent huge amounts of bitcoin in the early days, the other protagonist of the story, the provider of the pizza, and the recipient of the 10,000 bitcoins did not ecstatic about the unexpected money.

The 19-year-old Jeremy Sturdivant, who was the same age as Laszlo at the time, converted the bitcoin into fiat currency shortly after obtaining the bitcoin, and came for a walk-and-go tour; the remaining fraction was used to buy a computer game. Similar to Laszlo, Jeremy does not consider holding Bitcoin as an investment, they prefer to use it as currency. Speaking to reporters about the past, Jeremy said, "I did easily become a millionaire at the time, but I think the mentality of the pizza transaction is more important, not to get an investment, but to use it in the form of currency. It. Although the store near my home does not accept cryptocurrency payments, I find that I often use BTC in online services. "In addition, I still do some independent contract work, choosing Bitcoin, Litecoin or even It is Dogecoin and other cryptocurrencies as the checkout method.

Jeremy Sturdivant was only 19 years old when this historical transaction was completed (Image: Web)

The encounter with Bitcoin may not have made the two early participants rich; but according to the two, this transaction brought a lot of fun and surprises to their lives; it also left a memorable and A story told.

Retrospective: (55 ) The black man behind the Silk Road extortion case is the US DEA agent
Next notice: (57 ) What survivors were in early altcoins
A collection of bitcoin story series you don't know, will be continuously updated, so stay tuned …

We will continue to update Blocking; if you have any questions or suggestions, please contact us!


Was this article helpful?

93 out of 132 found this helpful

Discover more


Bitcoin Faces Resistance at $52,000, Possible Pullback Ahead

Altcoins have seen a slight decrease in value due to Bitcoin's hesitancy in maintaining a level above $52,000. Howeve...


Cardano's ADA price is dropping towards $0.52. Is it time to buy the dip?

The value of Cardano (ADA) may decrease below $0.52 according to short-term forecasts, however long-term optimists re...


Crypto Analyst's Prediction Bitcoin to $100,000, Cardano Declared Dead

In a recent statement, Tom Dunleavy, esteemed Partner and CIO at MV Capital, provided insightful reasoning behind his...


Webster's rating is constantly changing, asserting that Cardano is far stronger than EOS

Source: Shallot blockchain Weiss Ratings, a cryptocurrency rating agency, recently said that Cardano (ADA) is far str...


Emerging economies in Africa, South Asia, and Southeast Asia are leading the global trend of cryptocurrencies.

Emerging markets offer unique opportunities for the development of cryptocurrencies and blockchain technology.


Big Updates, Big Things In Store: Cardano Soars with Bullish Momentum 🚀

A recent Essential Cardano report highlights the latest advancements from Input Output Global (IOG) in the ecosystem,...