The 10,000 BTC Pizzas

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Some of you may have heard the story of the 10,000 BTC pizzas. For those that haven’t here it is. This is not a myth, this really happened.

On the 18th of May 2010 a new thread was created on bitcointalk.org by Laszlo, titled “Pizza for Bitcoins?”

Laszlo: I’ll pay 10,000 bitcoins for a couple of pizzas.. like maybe 2 large ones so I have some left over for the next day. I like having left over pizza to nibble on later. You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I’m aiming for is getting food delivered in exchange for bitcoins where I don’t have to order or prepare it myself, kind of like ordering a ‘breakfast platter’ at a hotel or something, they just bring you something to eat and you’re happy!

I like things like onions, peppers, sausage, mushrooms, tomatoes, pepperoni, etc.. just standard stuff no weird fish topping or anything like that. I also like regular cheese pizzas which may be cheaper to prepare or otherwise acquire.

If you’re interested please let me know and we can work out a deal.

Thanks,
Laszlo”

After a several days of people going back and forth saying that they would do it but… There was finally a post on the 22nd of May 2010 from Laszlo stating that he had his Pizzas.

Laszlo: I just want to report that I successfully traded 10,000 bitcoins for pizza.

Thanks jercos!”

At the time Laszlo posted his request 10,000 BTC was worth around $41 USD

On the 12th of June 2010 there was another post from Laszlo.

Laszlo: This is an open offer by the way.. I will trade 10,000 BTC for 2 of these pizzas any time as long as I have the funds (I usually have plenty). If anyone is interested please let me know. The exchange is favorable for anyone who does it because the 2 pizzas are only about 25 dollars total, maybe 30 if you give the guy a nice tip. If you get me the upgraded extra large ones or something, I can throw in some more bitcoins, just let me know and we’ll work something out.

My 1 year old daughter really enjoys pizza too! She just smears it all over her face if you give her a whole slice, but she does eventually manage to get most of it in her mouth (minus a few loose toppings of course).”

By the 4th of August 2010 less than 3 month from the first post 10,000 BTC was worth around $600 USD and we got this post from Laszlo.

“Laszlo: Well I didn’t expect this to be so popular but I can’t really afford to keep doing it since I can’t generate thousands of coins a day anymore :) Thanks to everyone who bought me pizza already but I’m kind of holding off on doing any more of these for now.”

At the time of posting this post 10,000 BTC is worth over $1,000,000 USD. 

Blockchain transaction: http://blockchain.info/address/17SkEw2md5avVNyYgj6RiXuQKNwkXaxFyQ
Bitcointalk.org thread: https://bitcointalk.org/index.php?topic=137.0