Bitcoin Pizza Day is celebrated annually on May 22nd and marks one of the most iconic events in Bitcoin history: the first recorded purchase of a physical good using the cryptocurrency.
It all happened on May 22, 2010, when Laszlo Hanyecz, a programmer from Jacksonville, Florida, posted an offer on the BitcoinTalk forum. He proposed to pay 10,000 bitcoins for two large pizzas, which would be delivered to his home. At the time, Bitcoin was still an experimental currency and virtually worthless in the conventional market.
A forum user accepted the offer and ordered the pizzas for Laszlo, using traditional money, while Laszlo transferred the 10,000 BTC as payment. This simple transaction was the first time Bitcoin was used to buy something in the real world, establishing a milestone in the history of cryptocurrencies.
Over the years, the value of Bitcoin has grown exponentially. Those 10,000 BTC, which were worth about 41 dollars at the time, would now be worth hundreds of millions of dollars, making these the most expensive pizzas ever purchased in history.
Bitcoin Pizza Day has become a symbol of the evolution and adoption of Bitcoin, remembered with a mix of humor and reverence by the crypto community. It serves both as a celebration of progress and as a reflection on the early days of the cryptocurrency market.
