Bitcoin pizza all over again — delivery driver reportedly cashes in on $400 BTC tip

Published at: Feb. 21, 2021

A driver who held $5 in Bitcoin (BTC) as a tip for his pizza delivery services has reportedly resurfaced after seven years.

According to a post from Redditor btcbible, the Bitcoiner ordered a pizza on Dec. 28, 2013 and gave the delivery driver two options for his tip: a $5 bill, or 0.0069 BTC on a paper wallet. The value was roughly the same at the time, given the price of the crypto asset was $774.

However, the driver reportedly contacted btcbible this week for help on getting the funds into a hot wallet. With Bitcoin’s recent rise to a new all-time high of more than $58,000, the BTC is now worth roughly $400, an increase of more than 7,000% since the pizza was delivered hot.

"I let the pizza guy choose between $5 in fiat or BTC," said btcbible. "Needless to say, he chose wisely. I've responded with instructions on how to import the private key via Electrum."

The Redditor clarified that they were "not Bitcoin rich," having liquidated the majority of their funds last year to buy a home. The Redditor said at the time that the driver "had heard of bitcoin from the news and grasped the general concept of it" but was "obviously still very new to it."

The Reddit post is a reminder of one of the most iconic stories in the crypto space from Bitcoin's beginnings. The first documented commercial purchase using BTC was an order for two pizzas in May 2010, when a programmer paid 10,000 BTC — now worth roughly $580 million — for a Bitcoin Talk forum user to send him two pies from a Papa John's store in the United States.

The most recent Reddit post says that btcbible gave the delivery driver 0.05 BTC, or roughly $2,900 at the time of publication. Cointelegraph reached out to the Redditor for comment, but did not receive a reply.

Tags
Related Posts
Bitcoin Pizza Day rewind: A homage to weird and wonderful BTC purchases
Happy Bitcoin Pizza Day! Before you dial for a Margherita to commemorate the world’s first real-world Bitcoin transaction, here’s a slice of trivia: What do a family holiday to Japan, a 50 Cent album, a steak dinner and a framed cat photo have in common? They were all paid for with Bitcoin (BTC) by members of the Cointelegraph Bitcoin community! And just like the Bitcoin pizzas that cost 10,000 BTC, which are now worth more than $300 million, the community’s Bitcoin purchases have also skyrocketed. Benjamin de Waal, the vice president of engineering at Bitcoin exchange Swan Bitcoin, told Cointelegraph, …
Adoption / May 22, 2022
Domino's Pizza franchises in the Netherlands will offer workers Bitcoin salary
A franchisee of many Domino’s Pizza locations in the Netherlands announced today that its workers would have the choice of being paid in Bitcoin. According to Immensus Holding, the franchisee behind 16 Domino's Pizza locations out of the more than 270 in the Netherlands, its employees will be able to choose between being paid in euros or Bitcoin (BTC) for all salary above the country’s minimum wage. BTC Direct, a Netherlands-based crypto firm with a fiat-to-crypto onramp, will handle the payments for any of the company’s more than 1000 employees who choose to participate. "We are a modern company, and …
Business / May 22, 2021
Nigerian hotel becomes country’s first to accept Bitcoin payments
A luxury hotel in Lagos, Nigeria will reportedly accept Bitcoin (BTC) as a form of payment and adopt the digital asset as its primary reserve currency as concerns about inflation continue to grip Africa’s largest economy. George Residence confirmed its intent to begin accepting Bitcoin this weekend, according to 1st News, a Nigerian news publication. George Residence, which offers luxury hotel and premium apartment suites, will accept BTC through Coinvest Africa, a regional cryptocurrency brokerage. "We have allocated around 50% of our cash reserves to Bitcoin. [...] We hope to increase that as time goes on,’’ said ‘Yanju George, the …
Bitcoin Price / April 26, 2021
Pizza Hut to accept Bitcoin for pies in Venezuela
A famous U.S.-based pizza chain has begun accepting cryptocurrency payments in all its stores in Venezuela. According to a Nov. 27 tweet from crypto services firm CryptoBuyer, Pizza Hut stores in the South American nation now accept crypto as a form of payment for food and drinks. The move follows the crypto firm partnering with Mega Soft to drive adoption in Venezuela by facilitating crypto payments at more than 20,000 shops and businesses. “Pizza Hut nowadays cannot be detached from these technological advances and all those incorporating new approaches for daily necessities," said Richard ElKhouri, General Director for Venezuelan operations …
Business / Nov. 29, 2020
Bitcoin could reach $1M in 5 years due to fiat currencies’ collapse, says Samson Mow
Despite the ongoing bear market, Jan3 CEO and Bitcoin (BTC) proponent Samson Mow believes that the leading cryptocurrency could reach the $1-million-price benchmark in the next five to 10 years. The collapse of major fiat currencies will be a major catalyst, which he said can “happen very rapidly” and “are not anticipated.” ”It just sort of happens overnight, and then you are shoveling cash into a wheelbarrow,” he said in a recent interview with Cointelegraph. Mow made his prediction while commenting on the current state of Bitcoin adoption in El Salvador, about a year after it was adopted as a …
Adoption / Dec. 12, 2022