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I just remembered an old story that’s absolutely fascinating—about the “most expensive pizza in history” that no one has been able to top. Today is around May 22, the day the Bitcoin community commemorates a special event every year.
On May 18, 2010, a programmer named Laszlo Hanyecz posted on a Bitcoin forum with a rather “reckless” proposal: he was willing to use 10,000 bitcoin to buy two pizzas. At the time, bitcoin had only been around for a few months, and almost no one believed it had any real-world value, so Laszlo Hanyecz’s proposal didn’t draw much attention. But 4 days later, a 19-year-old boy from California named Jeremy Stidvent accepted. He used a credit card to order the pizzas, then received 10,000 bitcoin in return. Delighted, Laszlo Hanyecz shared photos of the pizzas and called it bitcoin’s “first real economic transaction.”
Back then, 10,000 bitcoin was worth roughly $30, so it seemed like Laszlo Hanyecz wasn’t losing out. But as bitcoin’s price surged, everything changed completely. In 2013, when bitcoin surpassed $1,000, that pizza was worth $10 million. In 2021, when bitcoin hit $60,000, its value rose to $600 million. And now, with the price of bitcoin around $79,720, that pizza is worth approximately $790 million. Can you imagine that?
But the most interesting part is how Laszlo Hanyecz views the whole thing. In an interview, he had absolutely no regrets. He said that at the time, bitcoin was like virtual money in a game—being able to use it to buy something was already amazing. In fact, after the first transaction, Laszlo Hanyecz even kept using bitcoin to buy more pizzas, for a total of around 100,000 bitcoin. His attitude was very optimistic: “Those bitcoins back then were just free money I mined from my graphics card.”
Jeremy Stidvent also had a similar way of thinking. He quickly spent all 10,000 bitcoin he received on travel and living expenses, but he had no regrets. He felt that becoming an early “consumer” of bitcoin—watching it become history—was already very meaningful in itself.
This story teaches us a great lesson: life is full of choices, and sometimes you may unintentionally find yourself taking part in events that change history. Even though Laszlo Hanyecz and Jeremy missed out on a massive fortune, both of them still maintained a positive attitude. That’s the spirit of exploring an unknown future—and it’s also the most valuable part of cryptocurrency culture. Every year, when we recall Pizza Day, we don’t just laugh about the most expensive pizza in history—we also remember the original faith of those who dared to try something new.