Bitcoin Pizza Day, celebrated annually on May 22, commemorates the first real-world transaction using Bitcoin. On this day in 2010, programmer Laszlo Hanyecz paid 10,000 BTC for two Papa John's pizzas, marking a significant milestone in cryptocurrency history. At the time, the bitcoins were valued at approximately $41; today, they would be worth over $1.1 billion, highlighting Bitcoin's dramatic rise in value .
This event is seen as a pivotal moment that demonstrated Bitcoin's potential as a medium of exchange, transitioning it from a theoretical concept to a tangible currency . The transaction was facilitated through a post by Hanyecz on a Bitcoin forum, where he offered 10,000 BTC for two pizzas. A user named Jeremy Sturdivant accepted the offer and ordered the pizzas for him .
Over the years, Bitcoin Pizza Day has evolved into a cultural celebration within the crypto community, symbolizing both the humble beginnings of Bitcoin and its journey to mainstream recognition. The day is marked by various events, including pizza giveaways and discussions about the evolution of cryptocurrencies .
Interestingly, on the 15th anniversary of Bitcoin Pizza Day in 2025, Bitcoin reached a new all-time high of $111,000, underscoring the cryptocurrency's significant growth since that first transaction .
Bitcoin Pizza Day serves as a reminder of how a simple transaction can have far-reaching implications, highlighting the transformative power of emerging technologies.
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