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Bitcoin Pizza Day: 10 years ago the most expensive pizza in BTC’s history
Bitcoin Pizza Day: 10 years ago the most expensive pizza in BTC’s history
Bitcoin

Bitcoin Pizza Day: 10 years ago the most expensive pizza in BTC’s history

By Alfredo de Candia - 22 May 2020

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On this day, May 22nd, the famous Bitcoin Pizza Day is celebrated, commemorating the purchase of two pizzas for 10 thousand Bitcoin (BTC).

It is the tenth anniversary of this historic event for the blockchain world.

It was the distant 22nd May 2010 when Laszlo Hanyecz ordered 2 pizzas from Domino’s, located in Jacksonville, Florida (to commemorate the event there is a plaque in the pizza place), paying in BTC. 

Since then, Laszlo is known as one of the first people to make a payment for a good using BTC.

Pizza Day

Over time this event has gone down in history because the amount of BTC used and the equivalent in dollars, was frightening.

In 2010, in fact, 10 thousand BTC were about $43, but over the years their value has increased dramatically:

  • 2011, less than $100,000;
  • 2012, over $100,000;
  • 2013, about $1.2 million;
  • 2014, about $5.1 million;
  • 2015, about $2.3 million;
  • 2016, approximately $4.4 million;
  • 2017, approximately $22 million;
  • 2018, approximately $78 million;
  • 2019, about $60 million.

Laszlo himself commemorated the event in 2018 with the purchase of 2 other pizzas by paying through Lightning Network and spending a total of about 0.00649 bitcoin (BTC).

How to celebrate Pizza Day 2020

Like every year, this BTC Pizza Day is celebrated all over the world by eating pizza

There are also often offers on products or various meetups organized, although this year they will all be online due to the Coronavirus pandemic.

For example, this is the initiative launched by Huobi this year.

Alfredo de Candia
Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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