- Exactly 13 years ago, an American paid 10,000 bitcoins to buy two pizzas.
- At the moment it is $266.9 million
- Now this day marks the anniversary of the official first purchase of a real product for cryptocurrency
On May 22, 2010, a user with the nickname “laszlo” published a post on the Bitcointalk forum about a bargain. He claimed that he was able to buy two pizzas, paying for them with cryptocurrency. This event is considered the first official purchase of a real product for bitcoins.
We talked about this story in detail in a separate article. We only note that the very idea of buying something real for cryptocurrency at that time was revolutionary.
Just a year before, in January 2009, the first transaction took place on the Bitcoin network. And in 2010, no one could even think that someone would be able to use bitcoin for mutual settlements at the household level.
At the time of writing, BTC is trading at $26,695. This means that Laszlo’s purchase cost $266.9 million. Well, if we take the historical maximum of the curve, that is, $64,400, for calculations, it turns out that two pizzas cost the user $644 million .
But at that time, 10 thousand BTC were equivalent to $25. One way or another, but Laszlo entered the history of cryptography.
Interestingly, pizza may not have been the first item bought with BTC. Here you can read the story of how a user sold a desktop wallpaper for 500 BTC. It turns out that the transaction took place, therefore, this can be considered the official first purchase of the product for the oldest cryptocurrency.