Did you know? The first Bitcoin transaction was for two pizzas worth a staggering amount today! On May 22, 2010, Laszlo Hanyecz made history by buying two Papa John's pizzas for 10,000 BTC. Back then, those Bitcoins were worth around $41, which translates to approximately $0.0041 per Bitcoin.
Fast forward to today, with Bitcoin's value soaring to around $115,277.34, those 10,000 Bitcoins would be worth a mind-boggling $1.15 billion! This monumental transaction has become a celebrated event in the crypto community, symbolizing the transformative power of digital currencies.
Bitcoin Pizza Day Fun Facts:
Date: May 22nd every year
Original Price: $41 for 10,000 BTC (approximately $0.0041 per Bitcoin)
Current Value: Around $1.15 billion for 10,000 BTC
Growth: A staggering increase of over 2.8 million percent
Would you have HODL’d or spent your BTC back then? The choice seems obvious now, but it's a fascinating thought experiment that highlights the unpredictable nature of cryptocurrency investments.