The guy that paid 10,000 BTC to buy pizza

Discussion in 'Digital Currencies' started by leo25, Dec 14, 2017.

  1. leo25

    leo25 Well-Known Member Silver Stacker

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    I know most have heard this story, but i found the forum post where he organised the transaction.
    Lets go back in time are read what he wrote :) A great read!

    https://bitcointalk.org/index.php?topic=137

    Here are photos of the pizza, they look good.
    http://eclipse.heliacal.net/~solar/bitcoin/pizza/

    As it stands today those 2 pizza's cost him $216,000,000 AUD :p YUM

    I wonder if ill look back in 10 years and laugh about me buying video games on steam with BTC.
     
    Last edited: Dec 14, 2017
  2. jerrygold

    jerrygold Active Member Silver Stacker

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    If bitcoin stays the crypto reserve currency you, like most of us, will regret any purchases we made in Bitcoin in 2 years let alone 10 :) .
     
  3. leo25

    leo25 Well-Known Member Silver Stacker

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    This is the guy that got paid for the pizza.
    http://bitcoinwhoswho.com/jercosinterview

    Without people using Bitcoin in transactions, Bitcoin would have never made strong traction. So for those hoarders that just want to get rich, you should thank people like myself and Laszlo. Our sacrifice is everyone's gain.
     
    Last edited: Dec 15, 2017
  4. jerrygold

    jerrygold Active Member Silver Stacker

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    Thanks for your work.
     
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  5. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    funny how OP 'lazslo' has gone silence since that pizza purchase.... wonder where he is now? Vegas desert?
     
  6. leo25

    leo25 Well-Known Member Silver Stacker

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    Would suck if the guy lost his job and is now on the streets. Hope he is still doing well and looking on the bright side of life. Maybe he should write a book and make some money on that, i would buy that book :)
     
  7. leo25

    leo25 Well-Known Member Silver Stacker

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    But i hope everyone starts to spend even a little bit of Bitcoin on some real transaction, the more everyone starts using it the stronger it will become.

    Though i saw Steam is no longer accepting Bitcoin due to the fees costing more then a lot of games. This is where something like Bitcoin Cash, Litecoin or Dash needs to fill the gap and offer low fee transactions.
     
    Last edited: Dec 14, 2017
  8. southerncross

    southerncross Well-Known Member Silver Stacker

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    You dirty little Bitcoin whore you, I hope you go and buy a relative a half decent Chrissy present with my donation.
    Make sure you spend it on the youngest kid's first Leo.
    I will be disappointed if you don't M8.

    You've given me a lot of reason to think over the last six months, challenged my frame of mind and actually made me think,
    not many people actually do that for me ever. I thank you for that.

    All the best to you and yours in the new year, and please hang around here on SS, we need great minds like your's to keep us all honest.

    Cheers
    Jeff
     
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  9. systematic

    systematic Well-Known Member

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    The 2 pizza's cost him $216,000,000 AUD ... he could have bought them in Zimbabwe for less ... maybe he should have bought those pizzas today ....
     
    Last edited: Dec 14, 2017
  10. leo25

    leo25 Well-Known Member Silver Stacker

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    haha wow i didn't think anyone was really going to send much or anything at all! Thank you. If my missus says i act like a kid then can i spend it on my self? :p Don't have any kids atm, but hope that changes next year. :)

    I think we have a good group of people on this forum (you included Jeff), people with different points of view that push each of us to give us all a better understanding of things.
    As much as i dislike a lot of the excessive speculation in cryptos lately and have issues with many exchanges, i love cyptos at it's core.

    I won't be going anywhere so we can keep changeling each others views :D I love this forum too much!
     
    Last edited: Dec 15, 2017
  11. leo25

    leo25 Well-Known Member Silver Stacker

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    And thanks to the other 2 people that donated. I'm guessing one was SilverJerry, but not sure who the 3rd person is.
     
  12. goldpelican

    goldpelican Administrator Staff Member

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    Yeah, I would have been holding several million dollars worth now if I hadn't have sold early - had a triple digit BTC balance once upon a time. Now I'm trying to rebuild a broken mobile phone to see if I can recover BTC stuck in a Blockchain wallet I've lost the 12 word recovery phrase to - I think I can still access that wallet via PIN and Google Auth on that phone. Restoring the phone to a new one at the time didn't bring over the PIN, and what was worth about $5 at the time (so I didn't bother) is a lot more!

    What I lost in Mt Gox would now be worth more than the value of my holdings at their peak.
     
  13. goldpelican

    goldpelican Administrator Staff Member

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    Ha - restored the phone (had to strip it and install a new USB charging port), charged it, Blockchain app was out of date and the reinstall took me back to square one. Will consider those lost.

    Did get a whole bunch of photos of the kids back though which was sentimentally worth more!
     
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  14. southerncross

    southerncross Well-Known Member Silver Stacker

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  15. Silverant

    Silverant Member Silver Stacker

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    It's all relative... At the time they were worthless, so he got a good deal.

    However the power of hindsight comes in and all of a sudden, people judge him as foolish...

    Only people who stashed Bitcoin away back then can really judge the guy.
     
  16. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    A lot of people did this. I remember watching on one of those 30 minute current affairs show.

    It was a thing to do for fun for nerds, as it wasn’t wort anyth8ng lol. Besides there was absolutely nothing else to buy other than change it cash but fees killed that notion unless you had 100,000

    In the early days, stores that accepted was usually run by younger people and it was a gimmick.

    Did you read about that guy who had 200,000 or 2,000,000 BTC on a USB that he threw away in Ireland.

    I believe people still go there hunt8ng for that.


    Also for laugh https://www.dailytelegraph.com.au/n...r/news-story/a363c7b27e7afc34d6408c914389dfe5

    He stopped though I believe.
     
    Last edited: Dec 20, 2017
  17. goldpelican

    goldpelican Administrator Staff Member

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    I've paid for pizza and beer with bitcoin - but it was only 0.1117 BTC at the time :) No regretsies. Early adopter.
     

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