# The pizza coins — Paths

> Bitcoin exchanged for two pizzas, before the later prices.

Canonical: https://paths.significanthobbies.com/turning-points/bitcoin/

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Early adoption · 2010

# The pizza coins

Nobody knew the ending.

In 2010, 10,000 bitcoin were exchanged for two pizzas. The recipient spent the coins long before later price increases.

- **The choice:** Whether to buy, use, hold or sell an asset.

- **The circumstances:** An uncertain future market moves in ways participants did not know.

- **A different position:** A later hypothetical value is not a return someone actually received.

## What this does not tell us

A hindsight valuation is not money someone actually received, and the story is not investment advice.

[Sources in the existing case ↗](https://paths.significanthobbies.com/luck/bitcoin-early-adopters/)

## Another side of the story

[Taking a job**NVIDIA ↗**](https://paths.significanthobbies.com/turning-points/nvidia/)[Buying a home**The housing crash ↗**](https://paths.significanthobbies.com/turning-points/housing/)[Moving countries**The visa draw ↗**](https://paths.significanthobbies.com/turning-points/visa/)

[Continue the journey: chance and attempts →](https://paths.significanthobbies.com/#another-attempt)