How did this guy buy two pizza for 600 million dollars (10,000 bitcoins)?

in #lifestyle4 years ago

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Programmer Laszlo Hanjic became well known in crypto circles after paying 10 thousand bitcoins for two Papa John's pizzas in May 2010, a date celebrated under the name Bitcoin Pizza Day.

Thanks to the recent record price of Bitcoin, which is $ 60,000 per currency, the amount paid by Hanyich's stock is equivalent to more than $ 600 million, according to the "Business Insider" website.

The story of pizza returns, when Hanich asked his enthusiastic colleague on the Bitcoin forum to accept ten thousand digital currency in exchange for giving him two pizzas made by "Papa John's", where the value of the coin was estimated at $ 0.003 per unit of this currency. This means that the pizza cost him $ 30 at the time, according to the financial portal Argaam.

The cryptocurrency, which has a market value of more than $ 1.1 trillion, has increased to 3 times its price since the beginning of the year, jumping from nearly $ 20,000 to more than 60,000, before retreating slightly below this level.

The story began when Laszlo Hanich posted a discussion on the Bitcoin forum asking his fellow cryptocurrency users to purchase two units of Papa John's pizza.
Where he wrote on the forum: "I will pay 10,000 Bitcoin for two units of large-sized pizza, I like to eat one and leave the second for the next day. You can make it yourself or order it from a restaurant, and deliver it to my home."

Then he added: "What I aim to do is get food in exchange for Bitcoin, without having to order food or prepare it myself, just like someone who orders breakfast for him in a hotel, and when his request arrives, he feels happy."

He continued, "I like things, such as onions, peppers, sausages, mushrooms, tomatoes, pepperoni ... etc., only the standard things, neither the fish nor the smell that emanates from them, or anything like that."

He concluded, “If you are interested, please let me know, we can work on the deal.

After Hanich posted his blog, a few enthusiasts talked about the possibility of trading with him and getting the deal done, and a few users were thinking about some of the ways that pizza could get to Hanich, who was living in Florida at the time.

After 24 hours, Hanich wrote in the forum: “I just want to tell you that I succeeded in concluding a trade deal, 10,000 Bitcoin for pizza.” He attached with his blog a picture of the pizza that he received.

A British user named Jercos agreed to buy him pizza, and indeed the British bought Hanich two pizza units from the famous Papa Jones restaurant, and drove them to his home, costing him only $ 25, and then Hanich sent him the ten thousand bitcoins.

A few of the users commenting on the discussion in the forum saw that a large commercial exchange had taken place, and some congratulated Hanich on that day, and so the British user got a good deal, as he paid only $ 30 for a pizza, where the value of the coin was estimated at about $ 0.003 per unit.

To make the first commercial and real payment in history using the Bitcoin currency, and from here the World Bitcoin Pizza Day was born. Years later, this deal is one of the greatest moments in Bitcoin history.

And so from that day it has become a part of the currency's history, and an annual celebration by Bitcoin traders, called Bitcoin Pizza Day - Bitcoin Pizza Day, and since that date the digital currency has made a long way from successive crazy highs.

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