Bitcoin history

Bitcoin
2026-07-03 21:00:14

Bitcoin Pizza Day at 15: How 10,000 BTC for Two Pizzas Changed Crypto History

On May 22, 2010, Bitcoin crossed an important threshold from theory into real-world use. Developer and early Bitcoin contributor Laszlo Hanyecz offered 10,000 BTC in exchange for a couple of pizzas, and five days later two Papa John’s pizzas were delivered. At the time, the transaction was worth about $41. Fifteen years later, with Bitcoin reaching a new all-time high of $111,999, that same 10,000 BTC would be worth more than $1.1 billion. The story has since become one of the most recognizable milestones in crypto history. The significance of the transaction goes far beyond the price comparison. Before that purchase, Bitcoin largely existed in code, forum discussions, and hobbyist mining circles. The pizza trade demonstrated that BTC could function as a medium of exchange for real goods. Hanyecz later said in a 2019 interview that the deal was the moment Bitcoin became real to him. Over the summer of 2010, he reportedly spent more than 79,000 BTC on pizzas in total, an amount now valued at nearly $8.7 billion. Today, Bitcoin Pizza Day is celebrated globally through meetups, pizza parties, and educational events. The article also points to fresh signs of mainstream adoption, including Steak ‘n Shake beginning to accept Bitcoin via the Lightning Network. Together, these moments show how a simple purchase helped establish Bitcoin’s real-world utility and shaped the path toward broader everyday use.

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Bitcoin Pizza Day at 15: How 10,000 BTC for Two Pizzas Changed Crypto History
Bitcoin Pizza Day: 15 Years Since 10,000 BTC Bought Two Pizzas and Changed Everything