The Two Papa John’s pizzas ordered in 2010 now close to $1B mistake
The infamous 10,000 BTC mistake is often used by Bitcoin maximalists to extoll the virtues of ‘hodling’ the supply-capped asset.
The two Papa John’s pizzas ordered by programmer Laszlo Hanyecz in 2010 for 10,000 Bitcoin (BTC) have become infamous in the crypto world. At current market prices, those two pizzas cost Laszlo more than $978 million.
In a 2019 interview with CBS’ 60 Minutes, Hanyecz recounted the event — widely regarded as the first commercial Bitcoin transaction in history:
Hanyecz’s costly mistake has become a perennial meme in the crypto community as the price of Bitcoin continues to rise each cycle — often growing by an order of magnitude or more each time.
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Author: Vince Quill