The Most Expensive Pizzas Ever | Bitcoin's Wild Ride
An ongoing discussion about the legendary 10,000 Bitcoin pizza purchase from 2010 highlights a fascinating intersection of cryptocurrency and culinary nostalgia. The transaction, which led to two pizzas costing what amounts to millions today, has stirred varied opinions among people.
A Look Back at the Pizza Order
In 2010, a programmer ordered these pizzas for 10,000 BTC, money that would have seemed laughable at the time when the pizzas were priced at roughly $40. The original pizzeria did not accept Bitcoin directly, as noted by a commentator who pointed out, "They didn’t accept any Bitcoin," suggesting that the purchase's legitimacy as the 'most expensive pizza' may be up for debate.
Interestingly, discussions have emerged about the person behind this monumental order, with comments noting, "He was the first guy to use GPUs to mine at home." This hints at his venture into exploring the potential of cryptocurrency, which some interpret as laying foundational value for the Bitcoin network.
Debating the Price
The absurdity of the cost is hard to ignore, with one person quipping, "$ ain't that expensive" compared to today’s Bitcoin valuation. Another user pointed out that $40 seems high for pizzas even today, saying, "2 pizzas for 40$?!? That’s even expensive by today's prices."
Critics have also drawn parallels between the pizza and collector's items, where even US pennies from the last 30 years can fetch thousands due to their rarity. As one noted, "If we count current value some college students who scraped together their pennies for a pizza might rival this story."
The Legacy Lives On
The legacy of this infamous pizza purchase still provokes intense debate about value and financial wisdom. Many people expressed frustration towards those who don't recognize how Bitcoin's value has evolved, with comments like, "If you bought then… there's no way you just idly watch this happen."
"His kids probably are sick when they get reminded of this lol."
— This highlights the lasting impact of their family's decisions.
The Ripple Effect in Cryptocurrency
Discussion around the pizzeria's missed opportunity focuses on whether holding the Bitcoin could have led to wealth generation. One user humorously remarked, "They took a shit worth a billion dollars. Damn!" This reflects on how potential gains can easily slip away in the chaotic crypto market.
What's Next?
Looking ahead, conversations about cryptocurrency's journey seem poised to intensify. Experts estimate that around 60% of people engaging with Bitcoin today are actively investing or exploring its use, suggesting a growing communion between crypto and everyday life.
The tale of these pizzas serves as a powerful reminder about value and timing in finance. As the market matures, more businesses might accept cryptocurrency, potentially setting the stage for future similar transactions.
Key Points to Consider
🔹 10,000 BTC for two pizzas; a stark contrast to today's Bitcoin value.
🔸 No direct Bitcoin acceptance; a middleman facilitated the deal.
🔹 The order's legacy continues to evoke fervent discussions on finances and values.
⚠️ "This sets dangerous precedent" — a sentiment echoed regarding the implications of such deals.