May 22nd is known as Bitcoin Pizza Day, and it commemorates the first real world transaction using Bitcoin. On this day in 2010, a programmer named Laszlo Hanyecz famously traded 10,000 BTC for two pizzas.
At the time, Bitcoin was a relatively new digital currency and had not yet gained the widespread adoption it enjoys today. Hanyecz's pizza transaction was seen as a significant milestone in the evolution of Bitcoin, as it demonstrated the cryptocurrency's potential to be used as a medium of exchange for real world goods and services.
Today, Bitcoin Pizza Day is celebrated by cryptocurrency enthusiasts around the world, who often mark the occasion by ordering pizzas with Bitcoin. It's a fun way to remember the humble beginnings of Bitcoin and to reflect on how far it has come since that first pizza transaction.