Who bought the Bitcoin pizza?

In 2010, Laszlo Hanyecz spent 10,000 Bitcoins at a local pizza restaurant called Papa John’s to buy himself two pizzas. Back then his Bitcoins were worth only $40.

Did someone really buy a pizza with Bitcoin?

Today marks the eleven year anniversary of Bitcoin Pizza Day. … 2010, Florida Man Laszlo Hanyecz spent 10,000 BTC at Papa John’s pizza for the purchase of two pizzas. The transaction became known as the first official use of BTC as a commercial transaction with an actual company.

Does Bitcoin pizza guy still own Bitcoin?

Bitcoin Pizza Day

Hanyecz even revealed that he is not active in Bitcoin’s development anymore. However, today, he is still known for his historic pizza transaction.

How much is the Bitcoin pizza worth today?

Laszlo Hanyecz, a Florida man, bought two pizzas with 10,000 Bitcoin in 2010. Those pizzas would be worth $384 million today.

Is Bitcoin pizza guy rich?

A man who sold two pizzas for Bitcoin now worth more than USD 365 million has admitted he blew his eye-watering earnings. In May 2010, then a 19-year-old California student, Jeremy Sturdivant noticed a bizarre request on a cryptocurrency internet forum.

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Who received the 10000 Bitcoin for pizza?

It’s Bitcoin Pizza day in the crypto community! About 11 years ago on May 22, Laszlo Hanyecz, one of the early adopters of the newfangled cryptocurrency that had just been coded into existence, purchased a pair of Papa Johns pizza pies using 10,000 bitcoins.

What did Papa John’s do with 10000 Bitcoin?

11 years ago today, a very hungry programmer, Laszlo Hanyecz, paid 10,000 bitcoin for two Papa John’s pies, marking the very first bitcoin pizza transaction, ever. Considering today’s bitcoin value, that trade is worth roughly $613 million.

What did Papa John do with the Bitcoin?

Papa John’s is giving away 10,000 slices of pizza to commemorate the 10,000 bitcoins paid for two by Laszlo Hanyecz back in 2010. Justin Falciola, SVP, chief insights & technology officer, told Insider about the thinking behind the strategy.

Who bought 2 pizza with Bitcoin?

Laszlo Hanyecz paid Jeremy Sturdivant 10,000 Bitcoins for two pizzas in 2010 transaction.

How much is Satoshi Nakamoto worth?

Satoshi Nakamoto had become the 15th wealthiest person in the world with an estimated net worth of around $73 billion, considering crypto holdings in the region of 750,000 to 1.1 million BTC, according to a November 15 article by the Independent.

Who is the infamous Bitcoin pizza guy?

On May 22, 2010, Jeremy Sturdivant (above) traded two large pizzas for 10,000 bitcoins from Laszlo Hanyecz — a transaction that would come to inspire the annual Bitcoin Pizza Day celebration. Launched in 2009, bitcoin wouldn’t reach a 1:1 with the dollar until early 2011.

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Who owns the most bitcoin?

At the top of the list is Satoshi Nakamoto, the cryptocurrency’s pseudonymous developer. Research suggests that he has a war chest of about 1.1 million BTC, which is likely spread across multiple wallets.

What was the cheapest Bitcoin ever?

Prices and value history

Date USD : 1 BTC
Jan 2009 – Mar 2010 basically nothing
May 2010 less than $0.01
Feb 2011 – April 2011 $1.00
Nov 2013 $350–$1,242

How much do Papa John’s pizzas cost?

Papa John’s Menu & Prices (Updated: November 2021)

Food Size Price
Pizzas Original and Thin Crust Choices
Cheese (Original) Medium $13.00
Cheese (Original) Large $15.00
Cheese (Original) Extra Large $17.00

How long does it take to mine 1 Bitcoin?

In general, it takes about 10 minutes to mine one bitcoin. However, this assumes an ideal hardware and software setup which few users can afford. A more reasonable estimate for most users who have large setups is 30 days to mine a single bitcoin.