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Cryptocurrencies

Everything to Know About Bitcoin Pizza Day

Back in 2010, a man spent the modern-day equivalent of $650 million on pizza
Vinamrata Chaturvedi, Quartz

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On May 22, 2010, a man in Florida paid 10,000 Bitcoin for pizza.

When Laszlo Hanyecz bought two pizzas from Papa John’s that day, it was considered to be the first ever purchase with Bitcoin. The transaction paved the way for the financial revolution brought about by cryptocurrency.

Oh, and the value of those 10,000 Bitcoin today? Just a cool $650 million.

Since then, May 22 has been dubbed ‘Bitcoin Pizza Day,’ commemorating the day that Bitcoin was first used for commercial purposes. Here’s more about that fateful day.

This article originally appeared on Quartz.

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