except that which got drained out in taxes in the process.

Have actually read and understood the OPs post? 

**Spend and replace.** When Laszlo replaced the spend coins after pizza purchase, effectively no bitcoin upside profit is lost.

CruncherDefi

On May 22, 2010, programmer Laszlo Hanyecz paid 10,000 Bitcoin (BTC) for two Papa John's pizzas. This is considered to be the first purchase ever made with the digital currency. The value of those coins would be worth just under $700 million today.

Maybe that's why people don't want to spend too much

bitcoin

If you don't spend Bitcoin you're shorting the Bitcoin Revolution.

ssaurel

>On May 22, 2010, programmer Laszlo Hanyecz paid 10,000 Bitcoin (BTC) for two Papa John's pizzas. This is considered to be the first purchase ever made with the digital currency. The value of those coins would be worth just under $700 million today. 

Maybe that's why people don't want to spend too much