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The Story Behind Bitcoin Pizza Day!

On May 22, 2010, US resident Laszlo Hanyecz paid 10,000 bitcoin (BTC) for two Papa Johns pizzas in what is largely considered to be the first purchase ever made with the then-experiential digital currency.

The value of those coins would be worth just under $700 million today.

Tweet on the first exchange of BTC for Pizza

ThJournalbiz news on BTC Pizza Day

The story is well known, a part of “Bitcoin history” and celebrated across the world every year.

What is less known is Hanyecz’s other contributions to Bitcoin. According to Bitcoin historian (and former CoinDesk editor) Pete Rizzo, Hanyecz is considered to be the first man to ever spend bitcoins in a commercial transaction buying two Pizza’s at Papa Johns


Image: BTC