•On May 22, 2010, a programmer named Laszlo Hanyecz made history by completing the first-ever purchase using Bitcoin. To test Bitcoin's potential as a real-world currency, he offered 10,000 BTC on a Bitcoin forum in exchange for two pizzas. A fellow user accepted the deal, spending $25 to buy and deliver the pizzas while receiving the Bitcoin.
At the time, Bitcoin was an experimental concept, with 10,000 BTC valued at just $25. Today, those Bitcoins are worth hundreds of millions of dollars, making it the most expensive pizza purchase in history. This event, now celebrated as "Bitcoin Pizza Day," symbolizes Bitcoin's humble beginnings and its rise as a transformative force in global finance.
The Legacy:
1. Bitcoin's Value Today: As of recent years, Bitcoin's value has soared to tens of thousands of dollars per BTC. The 10,000 BTC used for the pizzas would now be worth hundreds of millions of dollars, making those two pizzas the most expensive ever purchased.
2. Bitcoin Pizza Day: May 22 is celebrated annually as "Bitcoin Pizza Day" in the cryptocurrency community. It serves as a reminder of Bitcoin's humble beginnings and its rise to prominence.
