Key Takeaways
Laszlo Hanyecz made the primary business Bitcoin transaction on Might 22, 2010, shopping for 2 pizzas for 10,000 BTC.Valued at $41 then, these 10,000 BTC at the moment are price over $770 million, proving large Bitcoin market development.Having spent over 100,000 BTC, Hanyecz has no regrets; his 2010 commerce will subsequent encourage future BTC customers.
Bitcoin Pizza Day Retains Being Celebrated Even After 16 Years
Whereas the bitcoin ecosystem has modified fairly a bit since 2010, a sure milestone transaction involving 10,000 BTC and two pizzas retains being celebrated even after 16 years.
On Might 18, 2010, Laszlo Hanyecz, an early contributor of the legendary Bitcoin Speak boards, posted a suggestion to finish the primary registered business transactions ever involving BTC and pizza.
The submit said:
“I’ll pay 10,000 bitcoins for a few pizzas.. like perhaps 2 massive ones so I’ve some left over for the subsequent day. I like having left over pizza to nibble on later. You may make the pizza your self and convey it to my home or order it for me from a supply place, however what I’m aiming for is getting meals delivered in alternate for bitcoins the place I don’t must order or put together it myself, sort of like ordering a ‘breakfast platter’ at a lodge or one thing, they only carry you one thing to eat and also you’re pleased!”
Whereas Hanyecz was steered to alternate these bitcoins for his or her price – $41 at the moment, however over $770 million now- and buy the pizzas by himself, he declined. Eventually, one other discussion board participant, Jeremy Sturdivant, fulfilled his request on Might 22, 2010, and the transaction turned legend.
In June 2026, Hanyecz introduced that the supply was nonetheless open, inviting others to purchase him some pizza and be paid in bitcoin.
“I’ll commerce 10,000 BTC for two of those pizzas any time so long as I’ve the funds (I often have a lot). If anybody is please let me know. The alternate is favorable for anybody who does it as a result of the two pizzas are solely about 25 {dollars} whole, perhaps 30 when you give the man a pleasant tip. In the event you get me the upgraded additional massive ones or one thing, I can throw in some extra bitcoins, simply let me know and we’ll work one thing out,” he declared.
Later, he admitted having spent over 100,000 BTC on pizza that 12 months.
Lastly, Hanyecz withdrew his supply after the quantity to be claimed rose to $600. “Nicely I didn’t count on this to be so standard however I can’t actually afford to maintain doing it since I can’t generate hundreds of cash a day anymore. Due to everybody who purchased me pizza already however I’m sort of holding off on doing any extra of those for now,” he stated on August 04, 2010.
Whereas Hanyecz was a bitcoin pioneer, contributing to the event of GPU-based bitcoin mining and constructing the primary Bitcoin Core launch for Mac, he’ll all the time be most remembered for this landmark transaction.
He later assured that he didn’t remorse making these purchases. “I obtained pizza for contributing to an open-source mission. Often, hobbies are a time sink and cash sink, and on this case, my passion purchased me dinner. I feel that it’s nice that I obtained to be a part of the early historical past of Bitcoin in that method,” Hanyecz concluded.
