$BTC
# Bitcoin Pizza Day: The Legendary $800 Million Pizza Order
Bitcoin Pizza Day, celebrated annually on May 22nd, commemorates one of the most famous transactions in cryptocurrency history. Here's a detailed look at this pivotal moment:
## The Historic Transaction (May 22, 2010)
- **What happened**: Florida programmer Laszlo Hanyecz paid 10,000 BTC for two Papa John's pizzas
- **Value then**: Approximately $41 (at $0.0041/BTC)
- **Value today**: At Bitcoin's peak (~$69,000/BTC), those pizzas would have been worth ~$690 million
- **Significance**: First documented real-world Bitcoin commerce
## Why This Matters
1. **Proof of Concept**: Demonstrated Bitcoin could function as a medium of exchange
2. **Cultural Touchstone**: Became a cautionary tale about early adoption risks/rewards
3. **Annual Celebration**: The crypto community celebrates with pizza parties and memes
## Current Perspective (2025)
- The 10,000 BTC would still be worth approximately [current BTC price Ć 10,000]
- The original pizzas (pepperoni, mushroom, onion) are now in the Museum of American Finance
- Hanyecz has stated he doesn't regret the transaction, seeing it as vital for Bitcoin's development
Would you like me to elaborate on any specific aspect of Bitcoin Pizza Day? Perhaps its cultural impact in the crypto world or how valuation comparisons have evolved over the years?
