Traded 10000 Bitcoins for Two Pizzas
Date: April 28, 2022 (Thursday)
Have you heard about the guy who traded his 10000 Bitcoins for two pizzas?
If you haven't heard about his story yet, you might be wondering: why would someone exchange his 10000 Bitcoins worth of millions of dollars already today for only two pizzas?
It was around 2010 when cryptocurrency specifically, Bitcoin, was reasonating around the world. Howbeit, Bitcoin hasn't had a real-world transaction yet. A lot of people even called Bitcoin as something not worth keeping for as it can't even be used in exchange for goods in the real-world.
Having said that, the story of the Florida-based man named, Laszlo Hanyecz, came in. He wanted to purchase a couple of pizzas using only his 10000 Bitcoins. He didn't want to purchase using cash, or gift cards, he just wanted to buy pizzas using his Bitcoin funds alone. That's when he posted a thread in an online forum about trading his 10000 Bitcoin for a couple of pizzas. Then on May 22, 201o, there's this user from England who took the offer and delivered two pizzas right into Laszlo's place in exchange for the 10000 Bitcoins. Just so you know, the pizzas where the first-world transaction happened was at Papa John's pizza shop in Florida.
Back then, 10000 Bitcoin was still worth around $40, not worth millions like what we have now. One can just took that amount for granted. Some can even do experiment from that amount which Laszlo did.
Hearing that story, you might think how foolish he was for doing so, but don't you know that we must be thankful for him in the first place?
The First Real-World Purchase
You see, if he hasn't made that decision to trade his Bitcoins for two pizzas, Bitcoin may not be as popular as what it is now. People may not thought of Bitcoin as something with a great value. Back then, Bitcoin was only in cents, not even worth anything. But then, after that remarkable moment that the Florida-based man did, things have changed at their best. You see, someone has to start something in order to prove that it can be possible and it can have a value. And that courageous man, did an awesome job of initiating something that's life-changing.
We can't deny the fact that people only believe on things if they are already proven. People have doubts always especially on diving into something new, or not yet mainstreamed. Not to mention, Bitcoin has no greater value back then that the man just took the initiative on trading that Bitcoin to prove something and in the end, he indeed has made a mark.
If you're that man, how would you feel knowing that at the present, one Bitcoin is already worth around $40000 and an all time high of around $60000?
If I were the man who did that thing back then in 2010, I might have some regrets in my heart knowing that today, I might become an instant millionaire out from that 10000 Bitcoins that I had. If only I just hodl those Bitcoins, if only I just trust the process, things would have landed on a different angle.
Everything happens for a reason.
It's truly heartbreaking to know how things turned out, but if I were that man, I will just think that everything happens for a reason. Imagine if that certain event, didn't happen. Imagine not being able to prove that Bitcoin could have a value. Imagine if things were left there untouched. Can you imagine our Bitcoin value these days? Do you think it will be as popular as it is now?
Closing Thoughts
Truly, we have a lot of things to say for that man. But we should salute him as well for doing so, as today, we are enjoying something coming from that initiative.
Above all, things in life happens for a reason, we should not regret everything that happens in our lives as they are meant to happen. At the end of the day, we will always land on the path that we are meant to be.
Ten thousand Bitcoins for two pizzas, not bad at all, let's just talk on how wonderful the event turned out, and the rest were history.
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Laszlo Hanyecz has an estimated net worth of $700,000 - $1,000,000. He's fine!