A $41 Pizza Now Worth $268M: The 13th Bitcoin Pizza Day Marks Cryptocurrency’s Incredible Journey

  • Sergey Maga
  • 22 May, 2023 18:31
A $41 Pizza Now Worth $268M: The 13th Bitcoin Pizza Day Marks Cryptocurrency’s Incredible Journey

In a celebration of one of the first tangible transactions using Bitcoin, the cryptocurrency community marks the 13th annual Bitcoin Pizza Day. It was on this day in 2010 when programmer Laszlo Hanyecz made history by purchasing two pizzas with 10,000 BTC, worth just about $41 at the time.

In the years since this historic event, Bitcoin has evolved and grown exponentially, with the value of those 10,000 BTC reaching an astounding $268 million today. This event, often seen as a token of Bitcoin’s potential, has been celebrated every year as a significant milestone in the adoption and use of cryptocurrencies.

While it’s been 13 years since Hanyecz’s purchase, the Bitcoin has developed tremendously. Notable transactions involving Bitcoin have showcased a wide range of applications for this digital currency. These have ranged from its infamous use on the Silk Road to the purchase of high-end luxury items.

As we celebrate the 13th Bitcoin Pizza Day, we also honor the landmark moment when Bitcoin transitioned from a novel concept to a valid method of payment, paving the way for the world of cryptocurrencies as we know it today.

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