A slice of Bitcoin pizza hi-story

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May 22, 2010: Anyone up for some BTC? In exchange for pizza?

Bitcoin – Pizza Day

Hey! Happy Pizza Day.

Come on join me, let’s share a slice of block pizza hi-story.

So apparently, there was some bloke, lad, fella, guy, ser…

Ehem… who had too much coins and didn’t know what to do with them

So he decided to sell them off for some pizzas.

What? Did I hear you say, wrong move?!

Well… yes, and maybe, and no.

You see all three applies depending on how you peep things…

Oh, you want to know my thoughts on the transact?!

Ahn, ahn. No chance.

All I’ll say is there was an attempt by the camp back then to get some steam rolling behind these wheels.

Potentially even some earlier talk back then about some jpeg thing for sale for 500BTC – the knowledge of the transaction’s existence or progress – neither or which I can admit or deny.

Anyway, so back to the one that made actually hi-story…

How do you think that went down?

So, here’s my assumed recording of how things went, or kind of went.

(with a wink)

You see I never use this dreaded AI – but I got to admit it’s kind of cool for imagineering these scenarios.

Let’s give it a go. Hey?

(taps a triangular button on a screen)

(voice streams out)

“Anyone willing to ship me some pizza, I’m starving.”

(minutes later)

“Bro, there’s no such thing as a free lunch.”

“Up for some extra coins?!”

“Maybe, why?”

“Happy to exchange them for some pizza?”

“How much coins exactly?!”

“Well depends, I’ll like two pizzas delivered.”

“Let me pencil that out. 2 pizzas my end works out to $41 and 10,000 coins. How does that sound?”

“Yeah, sure. Why not?”

“Cool. One moment tho’. Why don’t you just buy the pizzas yourself?”

Coin sender: “Got no cash.”

Coin receiver: “Oh, you’re broke. No joke.”

Coin sender: “Kinda. Asset rich, cash poor. You know the stuff.”

Coin receiver: “Happy to help out. What’s your address?”

Coin sender: “One moment. Send me your wallet first.”

Coin receiver: “Address sent.”

“Cool. Coins sent.”

“Nice. Where do you want pizzas delivered to? “

“XYZ place where I call home.”

“Done! Paid for.”

“Alright ser. Nice doing business with you.”

“Yeah, you too.”

(pause)

Coin receiver: “Hey just for the sake of fun, how much do you think these coins could blow up to?”

Coin sender: “Depends on how long you keep them?”

Coin receiver: “Well, let’s just say a couple of months… years?”

Coin sender: “Yeah, I mean it’s worth $41 bucks now, could well add up to a few hundred or if we get really lucky a couple of grand.

See it this way, if we achieve parity, like… you’ve just made $10,000 bucks!”

Coin receiver: “Hahaha! That’s mad, I’m definitely liking that vision and hoDLING.”

Coin sender: “You gotta dream. Right now, I gotta eat to keep the dream.”

Coin receiver: “Sure. Keep building and eating.”

Coin sender: “Good on you ser, I’m just glad to be able to make you rich in a few years.”

Coin receiver: (laughing frantically) “And I just served you a $10,000 meal. I wish.

(rattling clicks)

Pheeew!

What a transaction!

Current day – 13 years later – 1BTC trades at ~$27,000.

I guess that single transaction made that buyer dude 6.5miliion times richer…

What’s today’s value you ask? Com’on fast walk with me on the maths.

A mere $270million for 10,000 BTC.

IYKYK!

Anyway, thanks for joining me in this slice.

Cheers to another pizza day in block-hi-story.

Bit by bit. One block at a time!

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