The delivery driver who had kept tips in the first cryptocurrency since 2013 decided to cash them out for dollars. This was reported by a Reddit user.
7 years ago, I gave a pizza guy a $5 tip in BTC (.05 BTC at the time). That $5 tip is now worth over $2850. Today, I received this.
byu/btcbible inCryptoCurrency
According to the first post, on December 28, 2013 the customer gave the pizza delivery driver a choice between $5 in cash and 0.0069 BTC (~$5 at the rate at the time) on a paper wallet. At the time of writing, the tips are worth about $320.
Just gave the pizza guy a paper wallet as a tip (0.0069BTC ~ $5) with instructions and email address if he needs help — went better than expected!
byu/btcbible inBitcoin
He chose the second option and received the public and private keys, along with instructions and the Reddit user’s email. After seven years, the delivery driver contacted btcbible for help exchanging the Bitcoin for US dollars.
The story harks back to a milestone event for the cryptocurrency industry. In 2010, programmer Laszlo Hanyecz purchased two pizzas for 10,000 BTC, which, at the time of writing, are worth about $480 million.
Since then, the community has celebrated Bitcoin Pizza Day annually on May 22.
In 2018, Laszlo Hanyecz repeated the experiment using the Lightning Network protocol, ordering two pizzas for 0.0069 BTC.
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