#pizzaday 🍕
Bitcoin Pizza Day: A Slice of Crypto History
Every year on May 22nd, the cryptocurrency community celebrates Bitcoin Pizza Day, a significant milestone in the history of Bitcoin and cryptocurrencies. This day commemorates the first known commercial transaction using Bitcoin, where two pizzas were purchased for 10,000 BTC. Here’s a deeper look into the event and its lasting impact on the crypto world.
The Story Behind Bitcoin Pizza Day :
On May 22, 2010, Laszlo Hanyecz, a Florida-based programmer and early Bitcoin enthusiast, made a post on the Bitcointalk forum offering 10,000 Bitcoins in exchange for two pizzas. At the time, Bitcoin was a little-known digital currency primarily mined and traded among tech enthusiasts. Hanyecz’s offer was quickly accepted by another forum member, who ordered two pizzas from Papa John’s and had them delivered to Hanyecz’s home.
The Transaction Details:
Date: May 22, 2010
Amount: 10,000 BTC
Purchased Items: Two pizzas from Papa John’s
Value at the Time: Approximately $41 USD
This transaction is widely recognized as the first real-world use of Bitcoin for a commercial purchase, marking a pivotal moment in Bitcoin’s journey from an experimental project to a globally recognized digital asset.