Goatfury Writes

Goatfury Writes

Bitcoin Pizza

Andrew Smith's avatar
Andrew Smith
Jun 16, 2024
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Once upon a time in the distant past—fourteen years and some change as I write this, an eternity in digital time—someone bought a pizza with Bitcoin.

If you know much at all about crypto, hearing that someone spent Bitcoin on pizza sounds kind of crazy. The price of BTC (Bitcoin’s stock ticker symbol) has seen a meteoric rise to near-astronomical values compared to where it all started… but did anyone really know that would happen back in 2010?

Nah, not really. Back then it was incredible just to find someone who would be happy to transact in BTC, so that’s exactly what Laszlo Hanyecz did on May 22nd, 2010. Hanyecz was a computer programmer involved in early Bitcoin mining, and he was one of the very early adopters of using GPUs to mine new coins.

Now, Papa John’s pizza is sort of trash. It’s not really all that great, but hey, pizza is pizza, and when you’re desperate, you’ll take what you can get. Besides, these crypto coins weren’t exactly liquid at the time. So, if you could put yo…

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