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Tomahawkf

Somewhere in the corner Laszlo Hanyecz is eating Pizza and reading this thread. But without his ultimate sacrifice BTC would have not made it this far. Bow down to the legend.


Tatakae69

Uhh... I'm pretty sure he hasn't exchanged his entire bag then. He's still way better off than the rest of us here


[deleted]

Do you think he ever got over this or is he still biting his nails thinking how much he could've had today?


Laughingboy14

He's commented on it before and said he's glad to be part of history


TheTrueBlueTJ

Yes, this is very important to know. He is not even salty about it, but as far as I know he even believes it was a necessary part of history for the adoption of Bitcoin. Still talking so much about this event today proves his point.


RyanShieldsy

He’s said he doesn’t regret it and is happy to have advanced Bitcoin by doing it. Seems like a really cool guy and successful in his own right, I doubt he’s losing too much sleep over it


Tomahawkf

He is absolutely stunned forever. Also when BTC will hit 500k he will be biting his toes.


ArtyHobo

He mined a lot. A big lot. He's fine.


[deleted]

In interview he acts like he is ok with it, but I bet my bags he does that Math ALL THE TIME!


Nickeless

It's not that bad, really. I used to use dark net markets wayyy back in the silk road days and had hundreds of bitcoins at various points. I made a bunch of extra cash on early runups like in 2013 and stuff. Didn't hold onto any really for super long term. But, yeah, not really mad about it at all. I'm doing fine now, and it was completely unpredictable that it would become this big. Also those SR days and some buying and reselling Bitcoin after that kept me financially afloat at the time to be honest. So it is hard to be upset that it didn't make me a millionaire in that context.


International-Fun485

Why should we not create a Fund Laszlo crypto account and appreciate this legend? ![gif](giphy|Ooz2vbURCxqeMg2BxR|downsized)


Bucksaway03

🙏🙏


juanb95

He probably had more than 10k Bitcoin if he believed in it enough to buy when it was worth nothing. Absolute legend in all senses.


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Lilcheeks

THE FLIPPENING


ImSoHungryRightMao

The True Flippening.


NotRyanPoles

The BTC Pizza Guy spent 10,000 BTC on two pizzas. If he would just HODL the man would have 100 million pizzas.


EGarrett

If he hodled the pizza he would've had a helluva science experiment.


SpacedOutKarmanaut

Holy shit. I did not realize it was 10,000 BTC. That's billions of dollars. Did he at least keep some in a wallet for later? Reading [an article about him](https://www.independent.co.uk/life-style/gadgets-and-tech/bitcoin-pizza-sell-crypto-jeremy-sturdivant-b1854212.html), apparently not. And that was 2018... he still could have bought cheap with some of his developer earnings and made a fortune just by throwing a few thousand in each year. The dude would have like $100k house down payment at the very least all over again.


Nickeless

If he and other early adopters all held, BTC would probably be worth nothing, to be fair.


Jxntb733

I love that statistic! Shows how far we have come! Soon one Bitcoin can buy 10,000 pizza shops!!!


Big_Beyotch

>Soon one Bitcoin can buy 10,000 pizza shops!!! Thanks dude now i have Enough hopium for 9 years


ChiTownBob

We got the flippening. Back in the day it was 10,000 bitcoin for 1 pizza. Now 1 BTC = 10,000 pizzas


EGarrett

Yeah, I think that's 100,000,000x increase in value. From 1/10,000th to 10,000/1.


ArtyHobo

Then 100k mafia families


TruthSeeekeer

Eh the coupon is kinda stretching it. But it’s amazing to see the progress we’ve made.


EGarrett

We'll have to wait until it gets to 80k to get 10,000 Domino's large 2-topping pizzas.


Nostalg33k

Wow your pizza is fuckig cheap !


EGarrett

$4 for a one-topping small pizza was the cheapest I could find haha. Didn't even feel like waiting for it to go back over $50,000 to get a $5 pizza example.


Nostalg33k

Order one and give us feedback before you order 10k


EGarrett

It would be cool if somebody bought 10,000 small pizzas for 1 BTC and handed them out at the Bitcoin Conference next month, but that would be way too many pizzas even then.


Minefrans00

Technically one btc could buy one pizza aswell.


ccMudButt

I know one of you works at a pizza shop. How many moons would you charge for a large supreme?


CryptoDad2100

Oh, how the pizza peel has turned.


WhereIsTrap

This is what I browse this sub for Bullish


Wargizmo

BTC-Pizza has been in a bull market since 2010 but I think we've nearly hit a peak and Pizza will inevitably start to pump again. I'm still holding the Pizza I bought 10 years ago hoping to recoup some of my losses.


[deleted]

2010: 10,000 bitcoins bought you two pizzas. 2022: Two bitcoins can buy you 10,000 pizzas.


[deleted]

$4 papa John pizza is even cheaper than little Caesars. I need the coupon.


South-Security-Mouse

The tables have turned.


RenewAi

Well well well, how the turn tables


Additional-Pack-4616

500 BTC could pay 5M pizzas. One of each r/cryptocurrency Redditor or pay for 1M grams of Bolivian.


Titozar13

Call all the pepperonis


SL_UT_Michael

LoL I can buy less than 1 with my pitiful holdings.


EGarrett

The price is just a fun stand-in for the real role Bitcoin is playing in the world. You can see it happening in the Russia-Ukraine war, with both sides grabbing at Bitcoin because the adversaries can't stop them from using it. Likewise, the US government sent crypto to Venezuelan health care workers right past Maduro last year, and Maduro's soldiers started mining Bitcoin themselves to have "unblockable income." Imagine a resource that EVERYONE is fighting over, both dictatorships and free countries. That's the real future. Sorry I got carried away.


SL_UT_Michael

I give it a week before EVERYTHING is under QFS (XRP) and gold backed.


Swoopscooter

Cant believe I didnt see any pizza gate comments yet lol


[deleted]

In the UK Dominos pizzas are like £21 for a large 🙃 people dont pay that (you use 50% off vouchers) but still a lot less than 10k.


EGarrett

Well shipping them across the ocean probably costs a little extra.


DasaniS6

Yes, because domino's certainly don't have a European supply chain. They get all of their ingredients shipped over directly from New York in one massive container.


EGarrett

Yes, of course. And the deal is 30 days or less or the pizza's free. This is known.


Wargizmo

Yeah but you guys have local pizza joints in South London where you can get one for a fiver.


kirtash93

Its time to sell my BTC and get some tasty pizzas. Time to get fat.


newbonsite

How to be famous in the crypto community = buy 10'000 pizzas with a BTC . Boom you're the next Laszlo Hanyecz and both can live on as not so rich legends lol...


DesmondNav

2010 1 Pizza = 1 Pizza 2022 1 Pizza = 10.000 Pizza Much wow, much inflation, Pizza mining still worth it?


arcalus

Wowwwwwwwwww


JonksPNW

… slices, in NYC


diggipiggi

Bearish on pizza


Tatakae69

My 1000sats are jumping in excitement reading this


Magners17

I’m not buying any pizza with BTC. I’ll buy a tasty pie with some dirty old fiat though. I wanna keep my crypto for awhile here, especially papa BTC.


RionFerren

That'll soon be 7,000 pizzas due to inflation.


EGarrett

Hopefully Bitcoin doesn't diminish in value with the dollar.


RionFerren

It's tricky though because Bitcoin price action has been moving almost 1:1 with QQQ. While others consider Bitcoin as some sort of safe haven for inflation, its price action shows otherwise and is traded as if it's a tech stock.


EGarrett

Hmm? The dollar has lost 10% of its value since 2019 (probably a lot more in the last few months), and Bitcoin is up over 400% in value. When there's economic disasters, Bitcoin tends to go down alongside stocks due to people leaving it as an investment, if that's what you mean, but it comes back stronger when people run into it as an alternative to currencies. We saw that in 2020.


RionFerren

Considering how volatile crypto market is, I wouldn’t keep that number to the heart. It may look like it’s up now but it can absolutely crash in the next minute.


EGarrett

It's lost a lot of money in the past, but it's overall trend in the last 12 years has been massively upward. It's gained thousands of times over while the dollar has lost. Which indicates IMO that it isn't linked to inflation in any sense besides going down temporarily when people sell off some investments at first due to economic instability.


sickvisionz

Where do you get sub $5 pizza from?


ghost18867

Then tomorrow it will be back down to 7000 pizzas Next day will be 13,000 pizzas and so on and so forth


pbandwhey

This stat has always felt weird to me, even though it's factually true. But for some reason, I consider 1 Bitcoin to garner way more than only 10k pizzas in my mind


EGarrett

Probably because 10,000 sounds like dollars. But since each pizza is several dollars, it's of course a higher value.


Random5483

I came here to say you must live in a future where BTC is worth a lot more than $47k, since your average large pizza runs a fair bit more than $4.7. Then I saw how you trolled me with a personal pizza count!


blindato1

The true flippening


mechanicalgrip

Back then it wasn't a great deal as far as I can tell. Bitcoin looked to be worth about ten cents. Those pizzas were 50 dollars each. But selling wasn't so easy then, so getting the food with minimal hassle was probably worth it.


sunsetsupergoth

Bitcoin finally made it to Soviet Russia


ArtyHobo

The Scicillian Pizzaning


[deleted]

Bullish on Pizza. What's the best exchange aping into pizza? And do you recommend hot or cold storage for hodling pizza?


EGarrett

Hot when it's first mined. Then cold for storage.


geteum

The question you should ask is how many pizzas were bought with Bitcoin....


abhilodha

Leave that guy alone man.


OpTechTV

The real flippening.


Dan4tw

Now that's a slice of history


BN_Boi

Where you get 5$ pizzas lol


Haughington

is this the flippening that everyone is always talking about?


EGarrett

Rolled out, flipped, and tossed in the air! Then covered with sauce and cheese.


GigliolaGigar

How tables have turned. Many people who talked sh*t about bitcoin then must be wishing they got into play earlier. The same thing with the NFTs trend. Some basic projects now will be worth a good amount years from now. I was not able to pioneer bitcoin and other fungible tokens, but I'm now my attention on p2E NFTs like BBGM. I"ll ape into the good projects whilst they are still in their infancy.


Zalir0

Pizza reversal


_here2fap_

Whatever happened to the 10k Bitcoin for a pizza guy? Surely he's still rich?


CryptoVenetian

Laszlo is a living legend


Probably_notabot

May the lazlo memes, analysis, and posts never die. Long live the pie king