The Worst Investment of All Times? Bitcoin Pizza Guy Could Have Had $800 Million Today
The Bitcoin pizza guy doesn’t regret having spent 10,000 BTC in the course of 9 years and is even proud of being among the first Bitcoin supporters.
By Julia SakovichUpdated
3 mins readPhoto: Marco Verch / Flickr
Do you remember the story about the pizza that cost 10,000 Bitcoins? To be more precise, there were two Papa John’s pizzas and it happened in 2010. The hero of the event was Laszlo Hanyecz, who is now more widely known as the “Bitcoin pizza guy”. And just recently he has given his first televised interview since that moment.
Laszlo is a software engineer who became one of the earliest investors in Bitcoin. And, like many other people who had joined that game early, he strongly believed that one day we would use BTC as the regular currency. Maybe that’s why he decided to buy pizza and pay for it in Bitcoin?
The pizza guy became a real hero who had managed to prove that even at such an early stage everyday transactions using Bitcoin could be successful. Given the current rates of Bitcoin price which is around $8,000 it means that this guy spent nearly $80 million. It was rather expensive pizza, we should admit.
Nevertheless, Hanyecz didn’t stop at that point. Over the years, he has probably spent about 10,000 BTC on pizzas which could be $800 million today. But in his recent interview, he has noted that he doesn’t regret it.
“Are there nights you wake up “where you think, ‘I could have had $800 million… if I hadn’t bought those pizzas?’”, asked him the interviewer Anderson Cooper.
Hanyecz’s reply was the following:
“I think thinking like that is… not really good for me.”
Though he admits that he tries not to think how rich he could be now, he also points out that he is proud to have been a supporter of the cryptocurrency at its dawn.
He also highlights that his controversial purchases contributed to the legitimization of the cryptocurrency. Back in 2010, it wasn’t an easy task to buy stuff with Bitcoin. And it was so not just because of its extremely low value but due to the fact that people just had no understanding what it was.
Huobi Is Celebrating BTC Pizza Day
Cryptocurrency trading platform Huobi Global has decided to join Bitcoin Pizza Day celebrations as well. Today traders have an opportunity to buy the cryptocurrency at a discount rate on the exchange. The exchange is offering BTCs worth 1.5 million USDT in the frameworks of two special trading promos.
It has announced its plans to sell 20% of the promotional coin supply to the luckiest customers at 50% off Bitcoin’s market price. The rest of the promo supply will be offered in the second promo round at 12% off the market price.
Today, on May 22, the entire crypto community is celebrating Bitcoin Pizza Day. Cryptocurrency trading platform Huobi Global has decided to join the celebrations as well. Today traders have an opportunity to buy the cryptocurrency at a discount rate on the exchange. The exchange is offering BTC worth 1.5 million USDT in the frameworks of two special trading promos.
It has announced its plans to sell 20% of the promotional coin supply to the luckiest customers at 50% off Bitcoin’s market price. The rest of the promo supply will be offered in the second promo round at 12% off the market price.
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