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Vladimir 🎩
@xbtvladimir
22 may was once again Bitcoin Pizza Day, and as usual, social media is full of posts like “If he hadn’t bought pizza, he’d be a billionaire by now.” But this topic deserves a deeper look: If Laszlo Hanyecz hadn’t spent 10,000 BTC on two pizzas that day, Bitcoin might never have reached its current status. That transaction marked the first real use of Bitcoin as a medium of exchange. While there's a claim that Satoshi once acquired a sort of NFT, this pizza purchase is widely accepted as the first commercial Bitcoin transaction. Moreover, Laszlo wasn’t just any user. He was one of the first people to realize that GPU mining was more efficient than CPU mining. While everyone else was using CPUs, he publicly demonstrated the potential of GPUs. That’s how he managed to accumulate so much BTC in 2010. In fact, he’s also the one who enabled mining on Mac computers. Before him, mining wasn’t even possible on Macs. So he played a key role in shaping the technical evolution of Bitcoin mining.
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Vladimir 🎩
@xbtvladimir
Also, the pizzas weren’t ordered directly from a pizzeria. Laszlo sent the BTC to a user named Jeremy, who ordered the pizza and had it delivered to Laszlo’s home. You can think of it like an early form of dropshipping. And this wasn’t a one-off event. Laszlo didn’t just buy pizza with BTC he bought other products too. It’s estimated that he spent around 100,000 BTC in total. His public wallet never held more than about 40,000 BTC at a time, but he likely had much more. In short, the man often mocked for spending 10,000 BTC on two pizzas was actually one of the key figures who helped Bitcoin become what it is today. Laszlo Hanyecz didn’t just perform the first Bitcoin transaction—he played a pioneering role in its development, mining, and real-world adoption.
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