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Definition: Bitcoin pizza


On May 22, 2010 when one Bitcoin was practically worthless, Laszlo Hanyecz bought two pizzas for 10,000 coins. Considered the first transaction of the cryptocurrency, it was Hanyecz's idea to find out if Bitcoins had any real value. After posting the offer in an online forum, a programmer in London accepted the deal and ordered two pizzas from Papa Johns in Jacksonville, Florida to be delivered to Hanyecz.

He Should Have Waited!
Had Hanyecz waited, he would have wound up one of the richest people in the country. As of February 18, 2021 when Bitcoin topped USD $50,000, that many coins were worth $500 million, or roughly three million bucks per bite!
See Bitcoin.