21 BTCBitcoin Pizza Day
On 22 May 2010 Laszlo Hanyecz paid 10,000 BTC for two pizzas, the first well-known purchase of real goods with bitcoin. 22 May is now celebrated as Bitcoin Pizza Day.
What happened
On 18 May 2010 Laszlo Hanyecz posted on the BitcoinTalk forum offering 10,000 BTC to anyone who would deliver two large pizzas to him in Florida. Four days later another forum user ordered two pizzas from Papa John's for him and received the coins. The payment is in block 57,043.
At the time the coins were worth about $40. The infobox shows what 10,000 BTC are worth at today's price.
As a meme
On 18 May 2010 programmer Laszlo Hanyecz offered 10,000 BTC on BitcoinTalk for two large pizzas. On 22 May another user (jercos) ordered two Papa John's pizzas to his door and got the coins, then worth about $41. It is remembered as the first purchase of a physical good with bitcoin and is celebrated every 22 May.
From the Bitcoin Museum
Bitcoin Pizza Day (22 May 2010): Laszlo Hanyecz pays 10,000 BTC for two pizzas, the first notable purchase of physical goods with bitcoin. The payment confirmed in block 57,043. He had posted the offer on May 18.
See also
- Laszlo HanyeczLaszlo Hanyecz: Early developer; first public GPU miner; bought two pizzas for 10,000 BTC. Released an OpenCL GPU miner in May 2010 and maintained early Mac OS builds. On 22 May 2010 he paid 10,000 BTC for two pizzas, now celebrated as Bitcoin Pizza Day.
- First public GPU miner10 May 2010: Laszlo Hanyecz announces a working OpenCL prototype that mines on a video card, faster than his CPU.
- Satoshi (unit)A satoshi, or sat, is the smallest amount of bitcoin: one hundred-millionth of a coin. 1 BTC = 100,000,000 sats.
- HODLDuring a crash, a BitcoinTalk user admitted he was a bad trader, a little drunk, and simply holding. He misspelled “holding” in the title.
References
- BitcoinTalk: Pizza for bitcoins? (topic 137) bitcointalk.org
- The pizza transaction on mempool.space mempool.space