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Bitcoin Pizza Day! Two pizzas for a price of 10000 Bitcoins. Pizza Index
It's not every day that ordering pizza makes history. Yet, one seemingly ordinary purchase in May 2010 became legendary, sparking an annual celebration known globally as Bitcoin Pizza Day. So, grab a slice and let's dive into this deliciously quirky tale.
The Legendary Pizza Purchase With Bitcoin
On May 22, 2010, a programmer named Laszlo Hanyecz posted a casual request on an internet forum: he offered to pay 10,000 bitcoins to anyone willing to deliver two large pizzas to his Florida home. At the time, Bitcoin was barely a year old, and these digital coins were more a geeky curiosity than a financial instrument. Laszlo's offer was intriguing but seemed harmless enough. Little did anyone realize, this simple transaction would later be recognized as the very first documented purchase using Bitcoin, marking a critical milestone in cryptocurrency history.
Today, those 10,000 bitcoins would be worth hundreds of millions of dollars. In fact, the Bitcoin Pizza Index is now at $1,115,411,643!
Customers await in line at a Pizza hut where people can pay with Bitcoin (Photo by Roque ... More Alvarenga/APHOTOGRAFIA/Getty Images)
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But back then, they were worth about $41. A man named Jeremy Sturdivant accepted Laszlo's proposal, ordered two pizzas from Papa John's, and delivered them to Laszlo’s door. The pizzas themselves were nothing extraordinary—just pepperoni and olives—but their symbolic significance was groundbreaking.
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