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Ten Years Ago A Man Made the First-Ever Real-world Purchase with Bitcoin by Buying Two Pizzas

Bitcoin Pizza Day

People are celebrating May 22, 2020 as the “Bitcoin Pizza Day” by eating Pizzas following the tradition of a man who purchased two Pizzas with Bitcoin ten years ago on May 22, 2010. This was the firs-ever real-world purchase that was made with Bitcoin in the entire history of Bitcoin. This is actually the tenth anniversary of the first Bitcoin transaction that people are celebrating. The man who made the first-ever real-world Bitcoin transaction actually spent 10,000 BTC for purchasing two Pizzas.

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The Story of the Bitcoin Pizza Guy

The young programmer from Las Vegas named Laszlo Hanyecz is the guy who bought two Pizzas with Bitcoin back in May 2010. Ten years ago on this day, he wanted to buy Pizza to have a free lunch and for this, he was willing to pay 10,000 BTC. His offered deal was accepted by the crypto enthusiast Jeremy Sturdivant. Laszlo paid 10,000 BTC in exchange for two Pizzas and made history.

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This is how he made the first real-world Bitcoin transaction and laid the foundation of Bitcoin Pizza day on May 22, 2010. From that day onward, he is being called “the Bitcoin Pizza Guy” and will always be remembered with this title.

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Two Pizzas are now worth over $91 million

Back in 2010, when Laszlo purchased Pizza, the amount of 10,000 BTC was worth around $30 as the price value of Bitcoin at that time was very low even below $1. Now, the leading digital asset is standing over $9k figure at the press time, and therefore, the total amount of 10,000 BTC is worth over $91 million.

Hanyecz was the first person who used Bitcoin in the real-world scenario and made history. Ten years have passed since this history was made and people still remember this day. Crypto enthusiasts will forever celebrate the “Bitcoin Pizza Day”.

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Tokenhell is a blockchain & crypto news agency where you can discover all the recent news about cryptocurrency and blockchain.

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