Current Events > Bitcoin pizza guy who spent 10,000 bitcoins on a pizza in 2010 has no regrets.

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Lebronwon
05/24/21 6:55:55 PM
#1:


https://www.the-sun.com/news/2946837/other-bitcoin-pizza-jeremy-sturdivant-fortune-hanyecz/

Jeremy Sturdivant was just 19 when he struck a deal which should have made him rich beyond his wildest dreams. He answered a message posted on the Bitcointalk chat forum in 2010 from very hungry crypto cash legend Laszlo Hanyecz. It read: "I'll pay 10,000 Bitcoins for a couple of pizzas.. like maybe 2 large ones so I have some left over for the next day. "I like things like onions, peppers, sausage, mushrooms, tomatoes, pepperoni, etc.. just standard stuff no weird fish topping or anything like that. "If you're interested please let me know and we can work out a deal." Sturdivant agreed to the deal and ordered two large supreme pizzas in return for 10,000 Bitcoin, which was worth only about 30 at the time. Today those coins would be worth a staggering 257,869,013. It is a fortune which could have bought him a private island, a luxurious mansion, and several private jets. Sturdivant now admits that not saving the Bitcoin was certainly a big regret but says at the time he was simply facilitating a purchase. The cryptocash disappeared when Sturdivant used it to "cover expenses" while travelling the US with his girlfriend.

He later told the Telegraph: "If I had treated it as an investment, I might have held on a bit longer." Talking of the legendary pizza deal he said: It seemed fair for both parties, low-risk, and well, who doesn't like some kind of pizza?" He said his only concern was how the pizza was going to be delivered to someone who lived on the other side of the US. "I didn't see Bitcoin as likely to completely collapse, though I had no idea how huge it would become," he said. At the time of the famous pizza I would never have thought that the same number of Bitcoin would have a purchasing power on the order of real estate. "Retrospectively, simply having that much Bitcoin in one place is quite a crazy thought. Of course that wasn't notable at the time, as Bitcoin was just getting started." He added: While I can't claim any responsibility for Bitcoin's success, I'm proud to have played a part in something that went from an interesting concept project to a global phenomenon so quickly." Amazingly, Hanyecz himself has no regrets over his impulse purchase one lunchtime 11 years ago. He has said: "I don't regret it. I think that it's great that I got to be part of the early history of Bitcoin in that way. Hanyecz later explained. I mean, I coded this thing and mined Bitcoin and I felt like I was winning the internet that day. "I got pizza for contributing to an open-source project. Usually hobbies are a time sink and money sink, and in this case, my hobby bought me dinner. I was like, Man, I got these GPUs linked together, now Im going to mine twice as fast. Im just going to be eating free food; Ill never have to buy food again.

https://i.imgur.com/scj2ZvY.jpg



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Not 1, not 2, not 3, not 4, not 5, not 6, not 7
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RetsuZaiZen
05/24/21 6:58:23 PM
#2:


I get it. Better than offing himself because of it.

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Why do nerds always get caught up on the details?
Michael Jordan is both the greatest and most overrated basketball player of all time.
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Ryuko_Chan
05/24/21 7:03:35 PM
#4:


its ironic how this is what crypto is actually intended to be used but people will mock them for it. its supposed to be the money of the future that the government has no control over and anyone can track down how it changes hands. in reality it became a weird ponzi scheme

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UnfairRepresent
05/24/21 7:05:54 PM
#5:


Ryuko_Chan posted...
its ironic how this is what crypto is actually intended to be used but people will mock them for it. its supposed to be the money of the future that the government has no control over and anyone can track down how it changes hands. in reality it became a weird ponzi scheme
It always was

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^ Hey now that's completely unfair!
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Ryuko_Chan
05/24/21 7:06:12 PM
#6:


UnfairRepresent posted...
It always was
not in 2010 when people were doing stuff like this lol

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Anteaterking
05/24/21 7:08:22 PM
#7:


I know that it hits different but if you regret getting $30 worth of pizza with Bitcoin in 2010, you should also regret not putting literally all of your free cash into it.

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Darmik
05/24/21 7:18:51 PM
#8:


I'm more curious about the pizza guy

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Darmik
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On_The_Edge
05/24/21 7:20:42 PM
#9:


Ryuko_Chan posted...
its ironic how this is what crypto is actually intended to be used but people will mock them for it. its supposed to be the money of the future that the government has no control over and anyone can track down how it changes hands. in reality it became a weird ponzi scheme

It's a store of value right now
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Cocytus
05/24/21 7:22:38 PM
#10:


RetsuZaiZen posted...
I get it. Better than offing himself because of it.
I honestly thought the end of the topic title was going to say has killed himself.
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Ryuko_Chan
05/24/21 7:22:41 PM
#11:


On_The_Edge posted...
It's a store of value right now
lol

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