Glossary - ChicksX

Bitcoin Pizza is the first real-world transaction using Bitcoin, where 10,000 BTC bought two pizzas in 2010.

Bitcoin Pizza is the term for the first known real-world transaction using Bitcoin. On May 22, 2010, programmer Laszlo Hanyecz paid 10,000 BTC for two Papa John’s pizzas. This transaction highlighted Bitcoin’s potential as a currency, even though the value of 10,000 BTC has since skyrocketed. Bitcoin Pizza Day is celebrated annually, marking a pivotal moment in cryptocurrency history. It underscores both Bitcoin's humble beginnings and its dramatic increase in value over time. This iconic event remains a symbol of Bitcoin’s journey from novelty to mainstream recognition.