Almost 13 years ago, a bitcoin transaction was done by a programmer named Laszlo Hanyecz in Florida, US. He bought two pizzas at a price of 10,000 (BTC), it sounds funny but it happened on 22 May 2010 when the bitcoin (BTC) price index was very low. To know more interesting facts about this story read the article!
What Is Bitcoin Pizza Day?
A programmer Laszlo Hanyecz, the first trader of Bitcoin (BTC), trades his bitcoins to buy physical goods (Pizza) on May 22, 2010 for 10,000 BTC. It is unbelievable but yes it happened because at that time BTC had a very low-price index of $41. But today’s worth is $230933000.00, see a big difference and you can buy a whole chain of pizza franchises and even more than that.
After a successful trading of BTC, he posted his family picture with two pizzas bought with 10k Bitcoin and in this post, he said:
“I just want to report that I successfully traded 10,000 BTC for pizza”.
Now, let's talk about how it happened, in 2010 there was no concept of bitcoin as it was the start of the digital currency so no one was paying serious attention to bitcoin. At the same time Laszlo Hanyecz was trying bitcoin but day by day he was losing hope.
On May 22, 2010, his offer was accepted by 19-year-old Jeremy Sturdivant. He agreed to sell two pizzas by Papa Johns for 10,000 (BTC). It was the day when the first-time bitcoin was traded to buy goods and services.
Considering this sweet startup in bitcoin, every year on 22 May bitcoin community celebrates this day named “Pizza Day “.
Pizza Day is the world's most remarkable day celebrated by the bitcoin community on 22 May. It was the day when a programmer from the USA traded his 10,000 (BTC) to buy the pizza. It was the sweet startup of bitcoin trading by Laszlo Hanyecz.