{"id":3087,"date":"2026-04-10T04:33:41","date_gmt":"2026-04-10T04:33:41","guid":{"rendered":"https:\/\/www.travel-feed.com\/?p=3087"},"modified":"2026-04-10T04:33:41","modified_gmt":"2026-04-10T04:33:41","slug":"have-you-ever-heard-of-the-80m-pizza-order","status":"publish","type":"post","link":"https:\/\/www.travelfeedtoday.com\/have-you-ever-heard-of-the-80m-pizza-order\/","title":{"rendered":"Have You Ever Heard Of The $80M Pizza Order?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">May 22, 2020 marks one decade since Bitcoin was ever used to make a purchase, specifically a pair of pizza pies to feed a Floridian man&#8217;s stomach. While the transaction figures into this date it is not the most significant part of the tale-the price is. The purchase of this pair of pizzas involved 10,000 Bitcoins, an amount of cryptocurrency which would be worth over $80 million at its current value.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For more specific details, &#8220;Bitcoin Pizza Day saw Laszlo Hanyecz consent to paying 10k Bitcoins to have two Papa John&#8217;s pizzas delivered to his place. After posting on the forum of &#8220;bitcointalk&#8221; he Hanyecz offered 10k Bitcoins for enough pizza to keep him fed for two days. He went on to express how open he was in the offer; a willing participant could provide a home-cooked pie and send it Hanyecz&#8217;s way or order a delivery from a pizzeria. His ultimate goal was to have prepared food delivered to him in exchange for a sum of cryptocurrency.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A British man consented to Hanyecz&#8217;s idea and bought him the two pies for the agreed-upon amount of cryptocurrency. Even back in 2010, this was a true bargain for the Brit as 10,000 Bitcoin equated to $41-the two pizzas only cost $25.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As Bitcoin has continued to maintain a presence, Hanyecz&#8217;s 10,000 Bitcoins have grown in financial value. A mere nine months after the incident, Bitcoin was worth just as much as an American dollar and meant that Hanyecz had paid the equivalent of $10,000 for 0.0025% that much in product. Five years after Bitcoin Pizza Day, the two pies had spiked to a worth of $2.4 million. The value of a single Bitcoin has since risen to more than $8,200; indeed, the current value of the pizzas in today&#8217;s Bitcoin places the order at just over $181 million. Assuming that $5 of the order went toward a tip, equivalent to 20% of the price paid for the food, the driver might have made over $36,000.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Despite Bitcoin&#8217;s rising value, Hanyecz does not seem remorseful over the event. As far as he was concerned, Bitcoins were near worthless compared to a full belly.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">While Bitcoin was the first cryptocurrency, it is far from the first.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>2011 saw the introduction of &#8220;Litecoin&#8221; and &#8220;Namecoin.&#8221;<\/li><li>&#8220;Peercoin&#8221; debuted a year later in 2012.<\/li><li>2013 saw several new cryptocurrencies enter the market: &#8220;Dogecoin,&#8221; &#8220;Gridcoin,&#8221; &#8220;NXT,&#8221; &#8220;Primecoin&#8221; and &#8220;Ripple.&#8221;<\/li><li>2014 saw a record nine cryptocurrencies enter the market, including Auroracoin and Titcoin.<\/li><li>2015 saw four new cryptocurrencies pop up, including &#8220;Ether.&#8221;<\/li><li>2017 saw the first major &#8220;innovation&#8221; for Bitcoin in &#8220;Bitcoin Cash.&#8221; Bitcoin Cash was a hard fork from its namesake that octupled the size of data blocks.<\/li><li>One other little tidbit of cryptocurrency history would be the number of inactive cryptocurrencies: &#8220;Coinye&#8221; shuttered after Kanye West threatened litigation; &#8220;BitConnect&#8221; was a Ponzi scheme; KodakCoin was connected to the Kodak company and &#8220;Petro&#8221; was founded by the Venezuelan government.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>May 22, 2020 marks one decade since Bitcoin was ever used to make a purchase, specifically a pair of pizza pies to feed a Floridian man&#8217;s stomach. While the transaction figures into this date it is not the most significant part of the tale-the price is. The purchase of this pair of pizzas involved 10,000 [&hellip;]<\/p>\n","protected":false},"author":47,"featured_media":3088,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard"},"jnews_primary_category":[],"footnotes":""},"categories":[3],"tags":[],"class_list":["post-3087","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-food"],"_links":{"self":[{"href":"https:\/\/www.travelfeedtoday.com\/wp-json\/wp\/v2\/posts\/3087","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.travelfeedtoday.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.travelfeedtoday.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.travelfeedtoday.com\/wp-json\/wp\/v2\/users\/47"}],"replies":[{"embeddable":true,"href":"https:\/\/www.travelfeedtoday.com\/wp-json\/wp\/v2\/comments?post=3087"}],"version-history":[{"count":1,"href":"https:\/\/www.travelfeedtoday.com\/wp-json\/wp\/v2\/posts\/3087\/revisions"}],"predecessor-version":[{"id":3386,"href":"https:\/\/www.travelfeedtoday.com\/wp-json\/wp\/v2\/posts\/3087\/revisions\/3386"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.travelfeedtoday.com\/wp-json\/wp\/v2\/media\/3088"}],"wp:attachment":[{"href":"https:\/\/www.travelfeedtoday.com\/wp-json\/wp\/v2\/media?parent=3087"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.travelfeedtoday.com\/wp-json\/wp\/v2\/categories?post=3087"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.travelfeedtoday.com\/wp-json\/wp\/v2\/tags?post=3087"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}