what is Bitcoin pizza day ?

Bitcoin Pizza Day is celebrated annually on May 22nd to commemorate the first documented real-world transaction using Bitcoin. On this day in 2010, Laszlo Hanyecz, a programmer from Florida, paid 10,000 BTC for two Papa John's pizzas, valued at approximately $41 at the time .

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This transaction marked a significant milestone in the history of cryptocurrency, demonstrating Bitcoin's potential as a medium of exchange for goods and services. Over the years, the value of Bitcoin has skyrocketed. As of May 22, 2025, those same 10,000 BTC would be worth over $1.1 billion, with Bitcoin trading at around $111,000 .

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The day has since become a cultural event within the crypto community, symbolizing both the humble beginnings of Bitcoin and its evolution into a mainstream digital asset. Enthusiasts worldwide celebrate by sharing stories, hosting events, and, of course, enjoying pizza .

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Laszlo Hanyecz's pioneering purchase not only showcased the practical use of Bitcoin but also paved the way for its adoption in various sectors. His contribution remains a defining moment in Bitcoin’s history, reminding us of the transformative journey of decentralized finance .

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