Bitcoin trader Laszlo Hanyecz who spent crypto currency now worth £306MILLION on two pizzas says ‘I have no regrets’
CRYPTO cash fans around the world are tucking into slices of pizza today - thanks to one man's very, very costly appetite.
Programmer Laszlo Hanyecz made history when he made the first “real world” purchase with Bitcoin more than a decade ago.
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However, little did he know when he spent 10,000 Bitcoin on two Papa John’s pies it would also secure him a place in the crypto currency hall of fame.
He also had no clue that 11 years later the coins - worth around £30 at the time - would be now be worth more than £306million.
It is a fortune which could have bought him a private island, a luxurious mansion, and several private jets.
Amazingly, Laszlo insists he has absolutely no sleepless nights over his impulse purchase one lunchtime in 2010.
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.
"People know about the pizza...everybody can kind of relate to that and be [like] 'Oh my God, you spent all of that money!'"
The Florida man was an early contributor to Bitcoin’s software when it was barely a year old.
He even coded a programme that made it possible for fans to mine the currency using their computer’s graphics cards (GPU).
However, his life changed forever when he posted a message on a Bitcoin chat forum on May 22, 2010.
He wrote on Bitcointalk: "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.
"But I think Bitcoin was kind of destined to get big, and I didn't know everything about bitcoin back then - I mean,
"I had only been playing with it a couple months, and I figured out how to mine, I actually wrote the first GPU miner - and that's how I got all those bitcoins that I was kind of giving away."
After the first transaction, Hanyecz would go on to do it many more times and spend a total of 100,000 Bitcoin on pizza that summer - now worth £4.5billion.
To commemorate Lazlo's legendary transaction, May 22 is dubbed Bitcoin Pizza Day.
Pizza providers worldwide offer discounts to bitcoin users to commemorate the incredible purchase.
However, Laszlo says buying a pizza with crypto cash these days would be impossible.
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He said: "If everybody wanted to pay for pizza with bitcoin right now – it wouldn't work.
"They would try it, they'd realise that their transactions aren't confirming, and they'd lose interest."