Bitcoin Pizza Day, celebrated annually on May 22, marks a pivotal moment in cryptocurrency history-the first recorded real-world transaction using Bitcoin. On this day in 2010, Laszlo Hanyecz, a programmer from Florida, paid 10,000 BTC for two large pizzas, effectively demonstrating Bitcoin's potential as a medium of exchange.
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The Historic Transaction
In May 2010, Hanyecz posted on the Bitcointalk forum, offering 10,000 BTC to anyone who would order and deliver two pizzas to him. A fellow forum member accepted the offer, purchasing two Papa John's pizzas for approximately $25 and delivering them to Hanyecz. At the time, Bitcoin had minimal monetary value, and this transaction was valued at about $41.
The Value Over Time
The 10,000 BTC spent on those pizzas have since become emblematic of Bitcoin's dramatic rise in value. As of May 2025, with Bitcoin trading above $109,000, that amount of BTC would be worth over $1.1 billion.
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Celebrating Bitcoin Pizza Day
Bitcoin Pizza Day has evolved into a global celebration among cryptocurrency enthusiasts. Events include pizza parties, discussions on Bitcoin's history, and promotions by crypto companies. Some businesses even accept Bitcoin as payment, reflecting the cryptocurrency's growing adoption.
Significance of the Day
This day serves as a reminder of Bitcoin's journey from a novel digital concept to a significant financial asset. It highlights the importance of early adoption and the potential of decentralized currencies in
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