We also accept moderation reports via email. Please see the Content Moderation Policy for instructions on how to make a moderation request via email.
Thank you for submitting your moderation report
We will investigate and take the appropriate action.
Bitcoin Pizza Day! Whatever Happened To The Guy Who Got The 10,000 Bitcoin? Is He Rich? 🍕💰🤔
Most of us have heard the story of Laszlo Hanyecz, who was the 1st to buy a real-world-good for 10,000 Bitcoins back in 2010, opting for 2 pizzas (worth over $260M today). But whatever happened to the guy who received the 10,000 BTC? Is he living the high life on a private island today? 🤔
Today is Bitcoin Pizza Day! 5/22/2010 (10,000) Bitcoin was 1st used to buy something: 2 Pizzas! 🍕💰
In May 2010, California student Jeremy Sturdivant, then 19, noticed a bizarre request on a cryptocurrency internet forum: He could receive 10,000 Bitcoins, at the time reportedly valued at $41, in exchange for the delivery of two large pizzas to Florida resident Laszlo Hanyecz, 28.
Sturdivant filled the order, sending him two large pizzas (cheese and “supreme”) from Papa John’s — a transaction that would become the first physical purchase made with bitcoin in history, marked by the annual Bitcoin Pizza Day on May 22.
But Sturdivant didn’t save the bitcoins for the future; instead, he spent them all on travel.
Today, that lowly 10,000 Bitcoin haul would be worth a pie-in-the-sky $260 million.
“I had no idea how huge it would become,” Sturdivant said. But despite losing out on boundless riches, the now-32-year-old said he is “proud to have played a part” in the “global phenomenon.”
The tale is now the stuff of Bitcoin legend. In his May 18, 2010, Bitcointalk.org post, Hanyecz — a forum contributor — made the request, including his palate preferences: “I like things like onions, peppers, sausage, mushrooms, tomatoes, pepperoni, etc. just standard stuff no weird fish topping or anything like that,” he wrote.
Sturdivant followed through on Hanyecz’s appeal on May 22, 2020 — and the rest is history.
Created in 2008 and launched in 2009, Bitcoin wouldn’t reach 1:1 with the dollar until February 2011. And although the price is volatile even today, it’s safe to say that Sturdivant’s haul could have been worth hundreds of millions of dollars had he decided to invest the funds.
“If I had treated it as an investment, I might have held on a bit longer,” Sturdivant told the Telegraph in 2018 of spending his earnings on a road trip with his girlfriend. “I would never have thought that the same number of Bitcoin would have a purchasing power on the order of real estate.”
“Retrospectively,” Sturdivant admitted to Bitcoin Who’s Who, it’s “crazy” to think of anyone having that much Bitcoin today.
And, like Sturdivant, Hanyecz has said in previous interviews that he does not regret his craving-induced purchase.
“I wanted to do the pizza thing because to me it was free pizza,” he told Bitcoin Magazine in 2019. “I got pizza for contributing to an open-source project. Usually hobbies are a time sink and money sink, and in this case, my hobby bought me dinner.
“I think that it’s great that I got to be part of the early history of Bitcoin in that way,” he told Coin Telegraph in 2018. Hanyecz, now 39, went on to spend 100,000 Bitcoin — currently $2.6 billion — on pizzas alone in the summer of 2010.
“I’d like to think that what I did helped,” he added. “But I think if it wasn’t me, somebody else would have come along.”
🦁 www.MAGAlionHAT.com 🦁
Enjoy the content I provide? Please help support this renegade channel with PayPal! 💰
PayPal: [email protected]
Or, if you like you can Buy Me A Coffee: https://www.buymeacoffee.com/MAGAlionHAT
Crypto wallet addresses below. If you have a type of Crypto you wish to donate that I don't have a wallet for, email me and I will create one! 🤑
It keeps me afloat while I'm working to produce informative and entertaining videos while finding and providing gems from other creators for you to enjoy! 🤗
Any donation would be GREATLY appreciated! Thank you and God Bless! 🙏
₿itcoin Cash (BCH):
₿itcoin SV (BSV):
Ethereum Classic (ETC):
Shiba Inu (SHIB):
|Category||Business & Finance|
|Sensitivity||Normal - Content that is suitable for ages 16 and over|
Who is Satoshi Nakamoto? | Michael Saylor and Lex Fridman❓👻⚡💰
1 day, 4 hours ago
The Truth About Why They Don’t Teach Money in School 🏫🚫💰
1 day, 4 hours ago
Warning - This video exceeds your sensitivity preference!
To dismiss this warning and continue to watch the video please click on the button below.
Note - Autoplay has been disabled for this video.
This advertisement has been selected by the videos creator, MAGAlionHAT.
This advertisement has been selected by the BitChute platform.
By purchasing and/or using the linked product you are helping to cover the costs of running BitChute.
It is free for anyone to opt-out of receiving advertising via the Interface tab on the Settings page.
To help support BitChute or find out more about our creator monetization policy: