Happy Bitcoin Pizza Day!
Today (May 22) is Bitcoin Pizza Day. Twelve years ago on this date, Laszlo Hanyecz made the first ever commercial bitcoin transaction when he purchased two Papa John’s pizzas for 10,000 bitcoins. That’s right, Mr. Hanyecz paid 10,000 bitcoins for two pizzas.
Back in 2010, those 10,000 Bitcoins were worth about $40. Today, it’s worth $300 million, making those two pizzas the most expensive pizzas in history. To honor Mr. Hanyecz, May 22 is is known as Bitcoin Pizza Day and crypto enthusiasts around the world celebrate by eating pizza.
I will honor Laszlo Hanyecz by enjoying a couple of pizzas with the OC Bitcoin Network meetup group. And no, I will not be paying for it with Bitcoin.