Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
Everyone knows the story of the guy who bought pizza with Bitcoin and now regrets it. But few talk about the second person in that story — the one who received those bitcoins.
Let's go back to May 22, 2010. Programmer Laszlo Hanyecz proposed on the Bitcoin forum to exchange 10,000 BTC for two Papa John's pizzas. At that time, it was a funny amount — about $41. Today, those coins would be worth hundreds of millions. But who agreed to that deal?
It turns out, it was 19-year-old Jeremy Sturdivant, known in the community by the nickname jercos. He didn't hesitate — he simply fulfilled the request. And here begins the interesting part of the story.
Unlike Laszlo, who became famous for his "spending," Jeremy didn't hold the received bitcoins as treasure. He spent and traded them as the cryptocurrency gained popularity. Back then, Bitcoin was not seen as an asset for wealth preservation but as an experimental currency for real transactions. Jeremy later explained that he never regretted what he did because, at the time, the value was negligible. HODLing was not yet in fashion.
Today, Jeremy avoids the spotlight. Laszlo has become an icon of crypto culture, while he remains in the shadows. But his role in Bitcoin's history is no less significant. He represents an entire generation of early adopters who believed in usefulness, not speculation.
Here's the point: when we remember that day when someone bought pizza with bitcoins, we usually see only the story of missed opportunity. But it’s also a story that Bitcoin worked. Someone was willing to accept it. Someone was willing to spend it. Without people like Jeremy, cryptocurrency would have remained a theoretical toy on the internet.
Both men — the buyer and the seller — played key roles. Laszlo's story teaches us about missed opportunities. Jeremy's story reminds us that in the early days, it was not about wealth but about faith in the technology. So next time you hear about pizza bought with bitcoins, remember both of them. Both are part of the legend.