Bitcoin Pizza Day is celebrated annually by the Bitcoin and cryptocurrency community - marking an important, yet comical milestone for the virtual currency.
8 years ago, a user paid for two pizzas using Bitcoin, in what is hailed as the first ever instance[1] that the cryptocurrency was used to pay for goods.
The moment is immortalized online in a Bitcointalk.org forum[2], where a programmer called Laszlo Hanyecz confirmed that he’d bought two pizza for 10,000 BTC from Papa John’s Pizza in America.
Hanyecz had initially solicited users in the forum to deliver two pizzas for 10,000 BTC, with a number of users offering to buy the pizzas online for him. Eventually a teenager named Jeremy Sturdivant[3], nicknamed Jercos, accepted the Bitcoin and sent Hanyecz two pizzas from Papa John’s.
On 22 May 2010, Hanyecz announced that he’d accomplished his outlandish goal.
At the time, as pointed out by another user in the thread, 1 Bitcoin was worth around 0.0041 meaning Hanyecz’ 10,000 BTC were worth a lowly $41. Today, the original value of a single Bitcoin pizza, $20.5, would cost you 0.0025 BTC, a staggering display of how much the value of the cryptocurrency has grown in the space of 8 years.
Can I buy pizza with Bitcoin today?
Services like PizzaForCoins[4], which was founded in 2013[5], accept various cryptocurrencies as payment, and then place orders on behalf of customers online. Egifter also offer customers an gift card that can be bought with Bitcoin - allowing users to then order pizza online through Domino's Pizza[6] and Papa John's[7].
Clearly, the legacy left by Hanyecz’s original purchase has had a long lasting effect. Restaurants around America also accept
