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On May 22, 2010, Laszlo Hanyecz completed 1 of the archetypal BTC commercialized transactions ever, exchanging 10,000 BTC for 2 Papa John’s pizzas, a milestone that inactive keeps being celebrated adjacent successful an property of organization dominance implicit the cryptocurrency ecosystem.
Key Takeaways
- Laszlo Hanyecz made the archetypal commercialized Bitcoin transaction connected May 22, 2010, buying 2 pizzas for 10,000 BTC.
- Valued astatine $41 then, those 10,000 BTC are present worthy implicit $770 million, proving monolithic Bitcoin marketplace growth.
- Having spent implicit 100,000 BTC, Hanyecz has nary regrets; his 2010 commercialized volition adjacent animate aboriginal BTC users.
Bitcoin Pizza Day Keeps Being Celebrated Even After 16 Years
While the bitcoin ecosystem has changed rather a spot since 2010, a definite milestone transaction involving 10,000 BTC and 2 pizzas keeps being celebrated adjacent aft 16 years.
On May 18, 2010, Laszlo Hanyecz, an aboriginal contributor of the legendary Bitcoin Talk forums, posted an connection to implicit the archetypal registered commercialized transactions ever involving BTC and pizza.
The station stated:
“I’ll wage 10,000 bitcoins for a mates of pizzas.. similar possibly 2 ample ones truthful I person immoderate near implicit for the adjacent day. I similar having near implicit pizza to nibble connected later. You tin marque the pizza yourself and bring it to my location oregon bid it for maine from a transportation place, but what I’m aiming for is getting nutrient delivered successful speech for bitcoins wherever I don’t person to bid oregon hole it myself, benignant of similar ordering a ‘breakfast platter’ astatine a edifice oregon something, they conscionable bring you thing to devour and you’re happy!”
While Hanyecz was suggested to speech these bitcoins for their worthy – $41 astatine that time, but implicit $770 cardinal now- and acquisition the pizzas by himself, helium declined. At last, different forum participant, Jeremy Sturdivant, fulfilled his petition connected May 22, 2010, and the transaction became legend.
In June 2026, Hanyecz announced that the connection was inactive open, inviting others to bargain him immoderate pizza and beryllium paid successful bitcoin.
“I volition commercialized 10,000 BTC for 2 of these pizzas immoderate clip arsenic agelong arsenic I person the funds (I usually person plenty). If anyone is funny delight fto maine know. The speech is favorable for anyone who does it due to the fact that the 2 pizzas are lone astir 25 dollars total, possibly 30 if you springiness the feline a bully tip. If you get maine the upgraded other ample ones oregon something, I tin propulsion successful immoderate much bitcoins, conscionable fto maine cognize and we’ll enactment thing out,” helium declared.
Later, helium admitted having spent implicit 100,000 BTC connected pizza that year.
Finally, Hanyecz withdrew his connection aft the magnitude to beryllium claimed roseate to $600. “Well I didn’t expect this to beryllium truthful fashionable but I can’t truly spend to support doing it since I can’t make thousands of coins a time anymore. Thanks to everyone who bought maine pizza already but I’m benignant of holding disconnected connected doing immoderate much of these for now,” he said connected August 04, 2010.
While Hanyecz was a bitcoin pioneer, contributing to the improvement of GPU-based bitcoin mining and gathering the archetypal Bitcoin Core merchandise for Mac, helium volition ever beryllium astir remembered for this landmark transaction.
He aboriginal assured that helium did not regret making these purchases. “I got pizza for contributing to an open-source project. Usually, hobbies are a clip descend and wealth sink, and successful this case, my hobby bought maine dinner. I deliberation that it’s large that I got to beryllium portion of the aboriginal past of Bitcoin successful that way,” Hanyecz concluded.
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