On May 22, 2010, a programmer named Laszlo Hanyecz posted on the famous BitcoinTalk forum, offering to pay 10,000 bitcoins for two pizzas.

At that time, Bitcoin was still in its early stages, and its value was extremely low. After several days, a British person responded to his offer and ordered two pizzas from Papa John's in exchange for the 10,000 bitcoins that Laszlo sent him.

Why is this story important?

The first commercial transaction with Bitcoin: This deal is widely regarded as the first known example of using Bitcoin to purchase a real-world commodity. It demonstrated the potential for digital currency to be used in everyday transactions.

The astonishing value of Bitcoin today: Considering the value of Bitcoin today (around $63,000 per bitcoin in May 2025), the 10,000 bitcoins that Laszlo paid for the pizzas are estimated to be worth hundreds of millions of dollars! This makes those two pizzas the most expensive pizzas in history in terms of actual deferred value.