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Happy Bitcoin Pizza Day, The 16th Anniversary of Laszlo Hanyecz Paying 10,000 BTC For Two Papa John’s Pies

Bitcoin Magazine
Bitcoin Pizza Day commemorates the 2010 transaction where Laszlo Hanyecz famously spent 10,000 BTC to purchase two pizzas, marking Bitcoin's first real-world use.

Summary

Bitcoin Pizza Day celebrates the 16th anniversary of the first commercial transaction involving Bitcoin. On May 22, 2010, Laszlo Hanyecz paid 10,000 BTC for two Papa John's pizzas, turning the cryptocurrency from a theoretical experiment into a medium of exchange. While those coins would be worth millions today, the anniversary serves as a benchmark for the asset's historical value and growth, despite recent market volatility following global economic and geopolitical pressures.

(Source:Bitcoin Magazine)