In 2010, an individual known as Lazlo made a transaction using 10,000 bitcoins to purchase two Papa John's pizzas. At the time, this transaction was seen as a novelty, marking one of the early uses of bitcoin for a commercial transaction. Fast forward to today, the value of those 10,000 bitcoins has skyrocketed, now being worth over $500 million. This event has since been commemorated in the cryptocurrency community, with references to specific pizza toppings like pineapple and jalapeño becoming part of the lore. Additionally, it's noted that another individual became the eighth person to use Bitcoin for purchasing pizza, this time in Dubai, indicating the global spread and acceptance of cryptocurrency for everyday transactions.
Looks like the bitcoin puppets prophecy came true. Shall we cook? https://t.co/1PaBhZLzRH
10 years ago today I became the eighth person to use Bitcoin to buy pizza in Dubai https://t.co/9vd9h3mhzz
In 2010, guy paid 10,000 bitcoin for 2 papa john’s pizzas… Now worth $500+mil. No pineapples & jalapenos.