🎨The programmer who used 10,000 BTC to buy pizza years ago missed out on nearly $1 billion in potential earnings!
Recently, mainstream media reported again on an anecdote from 2010 about a programmer who exchanged 10,000 bitcoins for two pizzas. According to the current market value of bitcoin, this transaction caused the programmer to miss out on nearly $1 billion in potential earnings. Therefore, mainstream media refers to this incident as the "notorious 10,000 BTC mistake."
The incident originated when the programmer posted on a forum saying that if anyone was interested, he would exchange 10,000 bitcoins for some pizza. Later, someone indeed accepted the 10,000 bitcoins and paid for the pizza via card payment.
However, in my view, this programmer's story is undoubtedly a legend in the history of bitcoin. Even though he exchanged 10,000 bitcoins for two pizzas worth only about 25 cents at the time, we still cannot know exactly how many bitcoins he held. At that time, these bitcoins may not have represented a significant fortune for him.
Furthermore, the mainstream media's reporting on this story may be more about attracting the attention of ordinary investors. As for whether there were people deliberately creating topics behind these reports or how true the story is, we cannot know.
Nevertheless, it is undeniable that the anecdote of exchanging 10,000 bitcoins for pizza greatly enhanced the visibility of bitcoin and brought a lot of attention and discussion to the market. This could not only have brought him additional earnings beyond the market value of those 10,000 bitcoins at that time, but also sparked speculation and debate within the community about the deeper implications of this event.
In short, regardless of the truth, the act of spending 10,000 bitcoins to purchase two pizzas worth about $25 will forever be written into the history of bitcoin.
