On May 22nd, 2010, a programmer named Laszlo Hanyecz offered to pay 10,000 bitcoins for a pizza. At the time, 10,000 bitcoins were worth about $40, so Hanyecz essentially paid $40 for a pizza. This was the first time anyone had ever used bitcoins to purchase something. Bitcoins have come a long way since Hanyecz […]
What Is Bitcoin Pizza Day
May 22 is Bitcoin Pizza Day, a commemoration of the first time a purchase was made with the cryptocurrency. On that day in 2010, Laszlo Hanyecz offered 10,000 bitcoins for two Papa John’s pizzas. At the time, Hanyecz believed that bitcoins were worth nothing. In fact, he was so confident in that belief that he […]
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