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Man Who Bought Two Pizzas For 10,000 Bitcoins In 2010 Is Probably Feeling Pretty Shitty Now That One Bitcoin is Now Worth Over $12K

By Nina / mercredi 6 décembre 2017 10:00
Now that the bitcoin has hit an all-time high, now valued at more than $12,000, let’s remember the one man who must be screaming “FML” right now: that dude who inspired Bitcoin Pizza Day back in 2010.

Since we at FML love watching others squirm, we’re feeling especially satisfied today, knowing that one man is feeling the deep burn of regret now that the bitcoin has surpassed $12,000 in value. That man, of course, is Laszlo Hanyecz, the inspiration behind Bitcoin Pizza Day.

On May 22, 2010, Hanyecz, a programmer, made history by making the first ever Bitcoin transaction when he bought two Papa John’s pizzas for 10,000 bitcoins.

This is his original offer as posted on the Bitcoin Talk forum:

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. 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!

"I like things like onions, peppers, sausage, mushrooms, tomatoes, pepperoni, etc.. just standard stuff no weird fish topping or anything like that. I also like regular cheese pizzas which may be cheaper to prepare or otherwise acquire.

"If you're interested please let me know and we can work out a deal." 

Since then, May 22nd has come to be known as “Bitcoin Pizza Day,” quite a special day indeed.

But today is a special day too, now that bitcoin value has reached a record high. In fact, those 10,000 bitcoins are now valued at nearly $130 million. MILLION. And the value is steadily climbing.

Hanyecz has probably been feeling that regret a lot this year, considering the bitcoin has appreciated over 1500% since last December, but on a record-breaking day like today, he must be really counting his losses.

Pizza may be life, but no slice is worth $8 million. Especially from Papa John’s.

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Top comments
By  RichardPencil  |  22

I tried Papa John’s for the first time about two weeks ago. What an inferior product! I would have been ok with mediocre and uninspired, but it did not even rise to that level.

By  RichardPencil  |  22

I tried Papa John’s for the first time about two weeks ago. What an inferior product! I would have been ok with mediocre and uninspired, but it did not even rise to that level.

Comments
By  RichardPencil  |  22

I tried Papa John’s for the first time about two weeks ago. What an inferior product! I would have been ok with mediocre and uninspired, but it did not even rise to that level.

By  RichardPencil  |  22

I tried Papa John’s for the first time about two weeks ago. What an inferior product! I would have been ok with mediocre and uninspired, but it did not even rise to that level.

By  KingAdrock  |  8

Here's the thing, he almost certainly isn't regretting it at all. The only reason people remember this otherwise mundane transaction is because it was literally the first thing anyone ever bought with bitcoin. He's literally part of the reason Bitcoin has become a success. Or as one person put it: "Did you eat a pizza in 2010? If so guess what, you wasted 10,000btc too."

By  Dave_Davington  |  27

What I want to know is who the fuck wants bitcoins this badly that they're willing to pay $12 grand a pop for them in the first place? They're just so useless. Unless of course this is just a bubble, which would explain everything and come to think of it is probably exactly what's going on here.

By  pjsr  |  30

Some people are going to get caught wishing they had a pizza instead of worthless bitcoins. They are backed by absolutely nothing. When the bubble pops, there is no metal, no bank, no government to prop up the free fall. Bitcoins will have the same value as other online coins, like the ones you get on game apps.

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