What does a $2 million pizza look like? Does it have gold leaf and saffron-infused white truffles? Is the cheese made from the milk of a thousand duck-billed platypuses? Is the sauce the really good Newman’s Own stuff with the garlic and basil? No! None of that! It looks like this: According to Motherboard , the pizza was purchased by Mike Lazio back in May of 2010 using an online currency called Bitcoins (BTC). 10,000 BTC to be exact. At the time, a BTC equaled about .3 cents, meaning that Lazio spent about $30 on it when he took to the Bitcoin forum to make an offer: you order me pizza in the real world, I’ll give you 10,000 BTC. It was the first time a real-world transaction had actually occurred using the virtual currency, and is believed to have sparked the intense inflation that has caused one single BTC to rise to about $234. So do the math: 10,000 BTC at $234 each means that if Lazio had kept that money instead of spending it on Pizza, he’d be sitting on an extra $2.34 million. Hopefully he enjoyed the pizza. I bet he could have found a lot of homemade pizza recipes that cost a lot less than $2.34 million to make.
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$2 Million Pizza: How One Man Paid WAY Too Much in Bitcoins
