Bitcoin spent on two pizzas would be worth $767 million today, Alan Rogers notes

Bitcoin spent on two pizzas would be worth $767 million today, Alan Rogers notes
Bitcoin pizza purchase marked crypto milestone

Alan Rogers recalls a milestone moment in cryptocurrency history when a man spent 10,000 BTC on two pizzas 16 years ago.

He points out that while the purchase seemed reasonable at the time, the BTC spent would be valued at $767 million today. Rogers emphasizes that this event, involving Laszlo, was not a mistake but rather the first real-world Bitcoin transaction, proving the network's viability.

Rogers has previously reported that Bitcoin exchange supply fell to 5.6%, marking its lowest level since 2018 amid shifting crypto reserves on exchanges. He also covered a $17.1 trillion increase in the global money supply over two years, including a $1 trillion rise in the U.S. alone within 12 months. These insights frame the context in which early Bitcoin transactions are increasingly revisited.

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