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March 27 2013

This Pizza Cost $750,000


t is widely believed that the first real-world bitcoin transaction took place on May 21st, 2010. Laszlo Hanyecz, a programmer living in Florida, sent 10,000 bitcoin (BTC), the online-only, open source cryptocurrency, to a volunteer in England, who then spent about $25 to order Hanyecz some Papa John's. Hanyecz then uploaded the image above as proof that the transaction had been successfully completed.

It was a major milestone in bitcoin's short history. And as of right now, it cost Hanyecz three-quarters of a million dollars. You are looking at a $750,000 pizza.

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