Why Laszlo Hanyecz Is A #Bitcoin Legend

Mined 80,000 BTC when it was under $0.01
Spent $2.4 billion on pizza

A Mac programmer from Florida, Laszlo Hanyecz discovered #Bitcoin in April 2010 when it was less than $0.01.

His goal was to help more people run the software.

Back then, $BTC only ran on Windows.

Laszlo quickly translated Satoshi’s code for MacOS.

He wrote software users began running within a week.

Here’s the computer he wrote it on: an iBook G4

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Laszlo quickly became one of Satoshi’s most trusted contributors

Here’s Satoshi and Laszlo discussing what gives BTC value and the mechanics of how payments work

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Laszlo and Satoshi also discussed #Bitcoin’s future design

Here’s Laszlo pushing back against those who already didn’t think the network could scale

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Laszlo was one of the first 5 developers to work on #Bitcoin.

Here’s Satoshi crediting him for his work helping to test and review the 3rd version of the software in history

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Laszlo wasn't just a coder though.

He was the 1st user to mine with powerful GPUs

He took computer hardware specialized for video games and quickly boosted the network’s hashpower

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Laszlo’s mined 35,000+ BTC in just the first 2 months

He was making 700+ BTC a day

His wallet balance grew to over 80,000 #Bitcoin

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Satoshi didn't like what he saw

In fact, he wrote an email to Laszlo asking him to reconsider how he was mining.

He wanted to keep it easy for "100% of people" to earn Bitcoin

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Rather than quit mining, Laszlo decided to give back to Bitcoin.

In fact, he dusted off one of Satoshi’s own ideas – taking an example from the official Bitcoin FAQ.

So, on May 18, 2010, Lazlo went on to the Bitcoin offered to send 10,000 $BTC to anyone who would buy him dinner.

10,000 BTC was worth just ~$41

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