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Curiosity: 2 Pizzas 10 Years Ago would cost now 90$ Million

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Papa Johns Bitcoin

On this day in 2010, Laszlo Hanyecz, made a mark in history after he paid 10,000 Bitcoin, which is worth millions of dollars today ($90 million), for two Papa John’s Pizzas. In 2010, 10,000 Bitcoin´s was worth $30 In 2010.

Having mined tens of thousands of BTC, Hanyecz decided to demonstrate the proof of concept of Bitcoin by posting on BitcoinTalk that he would give up 10,000 Bitcoins in exchange for a couple of Pizzas. 

Pizzas Bitcoin

A month after the first trade, Hanyecz made an open offer that he was willing to continue trading 10,000 BTC for two large Pizzas as long as he had the fund, which he usually has in bulk considering his status as a miner.

Speaking at the 60 Minutes CBS show last year, Laszlo Hanyecz said that he just thought that it would be really cool if he traded the “open-source internet money for a real-world good” and Pizza (food) was the perfect fit. The programmer tries not to think that he spent $91 million on two pizzas because the cryptocurrency did not have any value at that time. 

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