Bitcoin Pizza Day: A $700M Lesson in Early Adoption #LearnAndDiscuss

On May 22, 2010, Laszlo Hanyecz spent 10,000 BTC—worth just $41 at the time—on two pizzas. Today, that would be over $700 million. But more than a fun crypto anecdote, this event marked the first real-world Bitcoin transaction, proving BTC could be used as money.

At the time, Bitcoin was a fringe concept with no mainstream backing. Hanyecz’s purchase wasn’t a mistake—it was a bold demonstration of belief in a new system.

His act symbolizes what early adopters do in every tech revolution: take big risks before anyone else sees the potential. Whether it’s the early internet, EVs, or now blockchain, early believers shape the future.

Even today, adoption still relies on people willing to test new protocols, use emerging tools, and build despite uncertainty. Bitcoin Pizza Day reminds us that progress is powered by conviction—and sometimes, a very expensive slice of pizza.

Would you spend 10,000 BTC today on a couple of pizzas? Probably not. But the person who did gave the crypto world something more valuable than just a meme he proved belief in a new system can be worth far more than the cost.