Bitcoin Used To Buy Pizza -
15 years ago, a software developer paid for two pizzas with ... - Fortune
The first real-world Bitcoin transaction occurred on , when Florida-based programmer Laszlo Hanyecz traded 10,000 BTC for two large Papa John's pizzas. This event, now globally celebrated as " Bitcoin Pizza Day ," marked the transition of Bitcoin from a theoretical digital novelty to a functional medium of exchange for physical goods. Transaction Overview (May 2010) bitcoin used to buy pizza
The 10,000 bitcoin that software developer Laszlo Hanyecz paid for two Papa John's pizzas delivered to his Florida home on May 22, Bitcoin Pizza Day Guide: What Nonprofits Need to Know 15 years ago, a software developer paid for two pizzas with
: Hanyecz posted on the Bitcointalk.org forum on May 18, 2010, offering 10,000 BTC to anyone who would order or prepare two large pizzas for him. Transaction Overview (May 2010) The 10,000 bitcoin that
: Four days later, on May 22, a 19-year-old student named Jeremy Sturdivant ("jercos") accepted the deal. Sturdivant purchased the pizzas for roughly $25 USD using his credit card and received the 10,000 BTC in return.
: At the time of exchange, the 10,000 BTC were worth approximately $41 USD , establishing an early price benchmark of about $0.004 per Bitcoin . Current Financial Valuation