Every May 22, the cryptocurrency industry celebrates the anniversary of Laszlo Hanyecz’s famous and infamous pizza-for-bitcoin trade. In 2010, the Florida-based programmer and early adopter of bitcoin offered 10,000 bitcoins if someone would buy him two pizzas. Jeremy Sturdivant took him up on the offer and had two pies — one pepperoni and one Supreme — from a local Papa John’s delivered to Hanyecz’s house for $41 dollars worth of bitcoin. It was the first time bitcoin had been used commercially for its intended purpose as “a purely peer-to-peer version of electronic cash [that] would allow online payments to be sent directly from one party to another without going through…
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The actual two pizza pies bought for BTC 10,000 by Laszlo Hanyecz in the first known bitcoin purchaseSacré bleu! Just Eat France now accepts Bitcoin
It’s great news for mainstream adoption, but those with long memories will remember the fate of the guy who paid 10,000 BTC for two pizza pies
Just Eat, one of the world’s biggest online food delivery platforms, has begun supporting BTC in the country thanks to a partnership with the crypto payment processor BitPay. This means that Bitcoin can now be used to order dishes at 15,000 restaurants across the country—and it could create a newfound hunger for crypto in the country of 67 million.
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The 10,000 BTC Laszlo Hanyecz paid 10 years ago for a pair of Papa John's pies on Bitcoin Pizza Day may be worth $91 million now, but he did make his daughter happy (Photo: Bitcointalk).Bitcoin Pizza Day: 10 years on, $91M pies
A booming bitcoin and the adoption of blockchain technology by multinational corporations, leading financial institutions, and even governments shows how far Satoshi Nakamoto’s dream has come
It’s Friday, May 22, 2020, and two pizza pies cost $45.90 at Stromboli's, across from my apartment in New York City. But 10 years ago, in Florida, two pies from Papa John’s cost Laszlo Hanyecz about $41—or 10,000 bitcoins, which is how he paid. And how Bitcoin Pizza Day was born.
- The actual two pizza pies bought for BTC 10,000 by Laszlo Hanyecz in the first known bitcoin purchase
Crypto community celebrates bitcoin pizza day
We honestly don’t know what this whole blockchain industry would look like if this first transaction hadn’t been such a ringing success
Wednesday, May 22 is Bitcoin Pizza Day. That’s because on May 22, 2010, two pizza pies were bought by a person named Laszlo Hanyecz through a bitcoin forum. While the pies themselves were mundane, the transaction was revolutionary—they were bought with 10,000 bitcoins, worth roughly $41 at the time. Since then it has become blockchain’s pretty much only holiday.