Bitcoin pizza concept floating coins
1344×768 · AVIF · CC BY 4.0
The Bitcoin pizza concept represents the first commercial transaction made with the cryptocurrency, when a programmer bought two pizzas for 10,000 Bitcoins in 2010.
About this subject
On May 22, 2010, a programmer named Laszlo Hanyecz offered 10,000 Bitcoins to anyone who could order two pizzas for him. The offer was accepted and the transaction is considered the first commercial purchase made with the cryptocurrency. At the time, the value of the pizzas was equivalent to about $25. Today, the 10,000 Bitcoins would be worth millions of dollars. The Bitcoin pizza story has become an important milestone in the history of Bitcoin and cryptocurrencies in general.
Frequently Asked Questions
What was the value of the pizzas bought with Bitcoin in 2010?
The pizzas were valued at around $25 at the time.
Who bought the pizzas with Bitcoin?
A programmer named Laszlo Hanyecz offered 10,000 Bitcoins to someone who could order the pizzas for him.
Why is the Bitcoin pizza transaction important?
It was the first commercial transaction made with the cryptocurrency, marking an important moment in the adoption of Bitcoin.
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License: CC-BY-4.0
