Why is #Bitcoin Pizza Day Celebrated?Fourteen years ago, on May 22, 2010, Laszlo Hanyecz made history by purchasing two pizzas for 10,000 bitcoins. This day is now celebrated as Bitcoin Pizza Day. At that time, 10,000 BTC was worth about $41.As of May 2024, the value of Bitcoin has surged dramatically, with Bitcoin now trading at approximately $70,000 per $BTC . This means that those 10,000 bitcoins would now be worth $700 million.Reflecting on the transaction, Laszlo Hanyecz has expressed mixed feelings. While he acknowledges that he spent what would become a vast fortune, he doesn't regret his decision. He often remarks that the purchase helped demonstrate the real-world utility of Bitcoin and was a significant moment in cryptocurrency history.
