On May 22, 2010, a user paid 10,000 BTC for two Papa John’s pizzas. The purchase marked the first time Bitcoin was used to buy anything tangible – and it is commemorated every year with one of most popular cryptocurrency-themed food items in the world: pizza. Today marks the 7th anniversary of that infamous transaction so we decided to look back at what has happened since then!
On May 22, 2010, Laszlo Hanyecz bought two large pizzas for 10,000 bitcoins. The transaction was confirmed and recorded in the Bitcoin blockchain by Satoshi Nakamoto. In other words, ten thousand bitcoins were worth about $40 at the time of the transaction. Today that same amount is equivalent to about $80 million dollars!
Join Cointelegraph in celebrating the 12th Bitcoin Pizza Day.
On May 22, 2010, Laszlo Hanyecz, a programmer and early Bitcoin (BTC) miner, made crypto history by exchanging 10,000 BTC for two huge pizzas. It was the first real-world bitcoin transaction, thereby legitimizing Bitcoin.
For the latest crypto merch, visit the Cointelegraph Store.
The Cointelegraph Store has designed a unique range of merchandise inspired by that wonderful turning moment in global finance. When it comes, you won’t even have to tip your driver.
Pizza Apron in Bitcoin
For the crypto chef in your life, the Bitcoin Pizza Organic Cotton Apron is preparing a slice of fashion. This 100 percent organic cotton apron has adjustable straps and a spacious front pocket with two sections to protect you from food spills, heat, and other kitchen woes.
Apparel for Bitcoin Pizza
The CT Store has you covered whether you need to remain warm or cool. Choose between the Bitcoin Pizza Tee, the Bitcoin Pizza Tank Top, or the Bitcoin Pizza Hoodie, all of which are brilliantly colorful and unisex. If pizza tastes as good heated as it does cold, there’s no reason why you shouldn’t.
Pizza Accessories in Bitcoin
You need some crypto spice in your life now and again. The Bitcoin Pizza Pillow has a fine linen feel to it. The Bitcoin Pizza Tote Bag’s colorful pattern makes carryout a snap. And, with the Bitcoin Pizza Mug, which boasts a cheerful flash of color on a traditional porcelain coffee mug, you’ll never leave your meal without a drink.
With the Bitcoin Pizza merch collection, you can commemorate Bitcoin Pizza Day. Get some of this special merch for yourself or someone you know who may need a new look. Your purchase will be processed and delivered hot and fresh from the oven by the Cointelegraph Store.
On the 8th of May, 2010, a man bought two pizzas for 10,000 bitcoins. He had to wait 90 minutes for the pizza to arrive at his home in Seattle. The transaction took place on a corner-store computer with a 3G connection and no internet access. It was a momentous occasion that became known as Bitcoin Pizza Day. Reference: bitcoin pizza seattle.
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