Bitcoin Pizza Day, celebrated annually on May 22, marks the first recorded real-world purchase using Bitcoin. On May 22, 2010, Laszlo Hanyecz, a Florida-based programmer and early Bitcoin miner, paid 10,000 BTC for two Papa John’s pizzas, valued at about $41 at the time. This transaction, facilitated through a post on the Bitcointalk forum, was the first documented use of Bitcoin for a commercial purchase, proving its potential as a medium of exchange. Today, those 10,000 BTC would be worth over $1 billion, making it one of the most expensive meals in history. The crypto community celebrates this day with pizza parties, promotions, and events, reflecting on Bitcoin’s journey from obscurity to a global financial asset. Some even pay for pizzas with Bitcoin to honor the tradition.
