Yes, it is that day of the year, the Bitcoin pizza day! This day 9 years ago, on May 22 of 2010, programmer Laszlo Hanyecz bought 2 Papa John’s pizzas for 10000 bitcoins, making the first real-world transaction with bitcoin.
Today, cryptocurrency enthusiasts around the world raising a slice to Hanyecz’s infamous hunger pangs that paved the way for early merchant adoption.
The bitcoin pizza guy
You will be shocked to hear that these two pizzas cost around 80 million dollars in today’s exchange rate. “It wasn’t like bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool,” Hanyecz told Nick Bilton in an interview with The New York Times. “No one knew it was going to get so big.”
It surely got big, and a small part of Bitcoin getting big was Laszlo himself. He made the first move, he showed people the purpose of Bitcoin, without even realizing it. So, we have thank Laszlo for thinking ahead of his time. And also let’s not forget Papa John’s Pizza contribution, for accepting the payment.