Why Laszlo Hanyecz is a #Bitcoin legend I spent around $40,000 BTC on pizza Member of Satoshi's OG development team A topic.
1/ A Mac developer from Jacksonville, Florida, Laszlo Hanyecz discovered #Bitcoin in April 2010 when the price was below $0.01 His goal was to help more people run the software. At that time, $BTC only worked on Windows.
2/ Laszlo quickly translated Satoshi's code to MacOS, writing software that users were running within a week. Here's the computer he wrote on: an iBook G4.
3/ Laszlo rapidamente se tornou um dos colaboradores mais confiáveis de Satoshi.
Aqui estão Satoshi e Laszlo discutindo o que dá valor ao #BTC e a mecânica de como as transações funcionam.
4/ Laszlo and Satoshi also exchanged ideas about plans for the future design and scalability of #Bitcoin Here's Laszlo reacting to those who no longer thought the network could scale.
5/ In total, Laszlo was one of the first 5 developers to work on #Bitcoin. Here's Satoshi giving him credit for his work helping test and review the third software release.
6/ Laszlo was not just a programmer. He left his mark on #Bitcoin mining forever by becoming the first user to mine with powerful GPUs. He took specialized computer hardware for video games and quickly increased the network's hashpower. 🔥
7/ Laszlo's miner was so powerful that he earned 35,000 $BTC in just the first 2 months. By some estimates, he was earning more than 700 BTC dollars per day. His wallet balance has grown to over 80,000 #Bitcoin 🤯
8/ Satoshi and Laszlo did not agree with the approach. In fact, Satoshi wrote an email to Laszlo asking him to reconsider how he was mining. He wanted to make it easier for “100% of people” to earn #Bitcoin.
9/ Instead of abandoning mining, Laszlo decided to give back to #Bitcoin. In fact, he dusted off one of Satoshi's own ideas – taking an example from the http://Bitcoin.org FAQ that explained how the BTC economy could grow.
10/ So on May 18, 2010, Lazlo went to the #Bitcoin forum and offered to send 10,000 $BTC to anyone who would buy him dinner. 10,000 BTC was worth just ~$41 🤯 He thought he was getting a good deal.
11/3 dias depois, um estudante de 19 anos na Califórnia atendeu sua ligação.
Jeremy “Jercos” Sturdivant pegou seu laptop e pediu uma pizza no Papa John’s local de Laszlo, trocando 10.000 $ BTC.
Esta é a aparência do pagamento no blockchain:
12/ Aqui está uma foto de Laszlo e sua família comendo as duas pizzas de 10.000 $ BTC.
Custando US$ 70 mil, cada torta custou aproximadamente US$ 350 milhões.
Cada fatia custou mais de US$ 40 milhões.
13/ For Laszlo, however, this was not enough. He made it clear that this was an “open offer”, that he was willing to buy pizza for $BTC until his coins were exhausted. He bought 6 more pizzas, which means he spent a total of 40,000 $BTC worth approximately $3 billion today 🤯
14/ In the summer of 2010, Laszlo was one of the most active #Bitcoin developers. Then, life got in the way. He spent everything he extracted and then went “MIA”.
15/ However, Laslzo has no regrets. In 2018, he bought two pizzas again with #Bitcoin. In fact, he was one of the first to use the Lightning Network for payment – another historic first ⚡️
16/ Today Laszlo has the distinction of having eaten the most expensive pizza in history. But – more importantly – it kickstarted the #Bitcoin economy, paving the way for a freer financial system. Here he is telling the story on local cable in 2019
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