Bitcoin users, fanatics, enthusiasts, and investors around the world celebrate the eighth so-called “Bitcoin Pizza Day”. With Bitcoin prices around $8,200, the price of one of the legendary pizzas purchased using Bitcoin on this day in 2010 is now worth $41.4 million.
Accompanied by social media events, giveaways from cryptocurrency businesses and, above all, a lot of pizza-eating, Bitcoin Pizza Day remembers May 22, 2010 – the first time a Bitcoin user purchased pizza with the cryptocurrency.
Back then, Bitcoin traded at around $0.004, making the two pizzas Laszlo Hanyecz ordered from Papa John’s for 10,000 BTC cost $41.
“I’ll pay 10,000 bitcoins for a couple of pizzas…like maybe 2 large ones so I have some left over for the next day. I like having left over pizza to nibble on later,” Hanyecz wrote on Bitcointalk in 2010, trying to find support for the transaction. The famous post continues:
“You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I’m aiming for is getting food delivered in exchange for bitcoins where I don’t have to order or prepare it myself, kind of like ordering a ‘breakfast platter’ at a hotel or something, they just bring you something to eat and you’re happy!”Trade now