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The Story Of A Man Who Spent $130 Million Worth Of Bitcoin On 2 Pizzas

Better have been bloody good!

The Story Of A Man Who Spent $130 Million Worth Of Bitcoin On 2 Pizzas

There's plenty of horror stories of people selling stock/shares before reaching their potential, but share a thought for a bloke who dropped $130 million worth of bitcoin on two pizzas back in 2010.

Bitcoin is the most well known cryptocurrency in the market and is making waves in the fin-tech industry, so much so that their worth has risen to an unbelievable value of 13,000 AUD for one solitary bitcoin.

Unfortunately for a bloke in the US, back in 2010 Bitcoin was a relatively unknown commodity, and instead of holding onto his currency, he spent it on his dinner.

Lazlo Hanyecz outlaid 10,000 Bitcoin for two pizza pies from his local favourite delivery, as documented on a Bitcoin Talk forum.

"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."

Unfortunately for Lazlo, as delicious as those pizzas may have been, they set him back a cool $130 million comparatively to Bitcoins current value.

Now, I'm not a finance expert in possible way, but my local pizza shop does two family pizzas for $15 and they throw in a garlic bread for good measure.

Way better value for money.