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The Story of Bitcoin Pizza Day!
On May 18th 2010, a man named Laszlo Hanyecz posted a thread on the bitcoin forum saying that he would pay 10,000 BTC to anyone that would order him 2 large pizzas or cook & deliver him 2 large pizzas. Laszlo said he just wanted to “get food delivered in exchange for bitcoins where I don't have to order or prepare it myself, kind of like ordering a 'breakfast platter' at a hotel or something, they just bring you something to eat and you're happy!"
Four days later, a man named Jeremy Sturdivant decided to take him up on that offer. On May 22nd 2010, Jeremy ordered Laszlo 2 large pizzas from Papa Johns and Laszlo sent Jeremy 10,000 BTC in return.
This also wasn't the only time that Laszlo spent thousands of bitcoins buying pizza. Laszlo estimates that he spent 100,000 BTC on pizza in 2010. Laszlo is also the man that invented GPU mining and he mined well over 100,000 BTC in total.
Laszlo said that he doesn't regret buying pizza with bitcoin. He said, “I think that it’s great that I got to be part of the early history of Bitcoin in that way.”
Laszlo said, “I wanted to do the pizza thing because to me it was free pizza” and “I got pizza for contributing to an open-source project. Usually hobbies are a time sink and money sink, and in this case, my hobby bought me dinner.”
Jeremy Sturdivant later sold the 10,000 BTC that he received from Laszlo and used the funds to travel around the US with his girlfriend.
Jeremy said, “I had no idea how huge it would become”. But despite losing out on boundless riches, he said he is “proud to have played a part in the global phenomenon.”
Investing in crypto-assets is associated with risks. This content constitutes a marketing communication from Bybit EU GmbH. It does not constitute investment advice.
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These terms and conditions ("Promotional Terms and Conditions") govern your participation in the Bybit EU Welcome Bonus ("Promotion") outlined on this page. By participating in this Promotion, you agree to be bound by these Promotional Terms and Conditions, as well as the General Terms and Conditions ("General Terms") available at https://www.bybit.eu/en-EU/legal/terms-and-conditions/General-Terms-and-Conditions Any terms defined in the General Terms also apply to these Promotional Terms and Conditions. This Promotion shall commence on 12 May, 2026 (UTC) and shall officially conclude on Jun 12, 2026 (UTC) ("Promotional Period"). Only actions completed strictly within this defined Promotional Period shall be considered for eligibility.
The prizes will be paid out in Bitcoin, reflecting the value of the displayed prizes here on the day of the payout. The value of the distributed prizes will match the prizes as described in the Terms and Conditions of this campaign. Winners will be selected randomly. Prize "€1000 in bitcoin" has a value of €1000. Prize "1 year free pizza" has a value of €1300 (€25 per week x 52 weeks). Prize "iPhone Pro" has a value of €1250. Prize "Playstation 5" has a value of €550. All prizes will be distributed to a Bybit EU account of winners that have successfully completed the Bybit EU KYC process and are therefore above 18 years old, are inhabitants of the Netherlands, and have successfully enrolled in this campaign by registering via the "Register" button on this landing page and completing the Topup task successfully.
Participation in this Promotion is exclusively available to residents of the Netherlands, and applies solely to new users. To be eligible, you must be successfully onboarded with Bybit EU, have completed Identity Verification, and have never made a deposit or traded on Bybit EU before the commencement of the Promotional Period. For the avoidance of doubt, users who have already deposited funds or executed a trade are not eligible. Additionally, to be eligible for rewards under this Promotion, all participants must successfully register for the Promotion by clicking the “Register Now” button on the designated Promotion page available at https://www.bybit.eu/en-EU/promo/campaign/welkomstbonus-stort-1-krijg-20/ Users cannot join other top-up campaigns at the same time.
Eligible participants who have opened a Bybit EU Account and made an initial top-up of at least 1 EUR or equivalent, will get 20 EUR worth of BTC (“Welcome Bonus”). The equivalent amount of BTC awarded will be calculated using the Bybit EU BTC/EUR spot trading pair price at the exact conclusion of the Promotional Period. A participant's qualifying deposit amount shall be calculated on a net basis. This calculation is defined as the total volume of eligible assets deposited (inclusive of directly purchased assets) minus the total volume of any withdrawals executed during the Promotion Period.
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The listed prizes will be rewarded in BTC, equivalent to the EUR value, and distributed within 14 days after the campaign ends on June 12, 2026.