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Bitcoin Pizza Day 2025: A big slice of crypto history

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By Bitpanda

Bitcoin Pizza Day 2025: A big slice of crypto history

On May 22, the world of crypto will unite once again to celebrate a landmark moment: the first real-world Bitcoin transaction in 2010. The iconic trade of 10,000 BTC for two pizzas has been forever etched into the crypto history books. At the time, it seemed like a bargain. Today, it's a trade worth millions...

How one pizza changed history

History is full of memorable and important quotes. But, we think this one from programmer, Laszlo Hanyecz, written in a Bitcoin forum back in 2010, should be near the top of that list:

“I’ll pay 10,000 bitcoins for a couple of pizzas… like maybe 2 large ones, so I have some leftovers for the next day…”

This simple offer from Hanyecz set in motion one of the most significant moments in crypto history. Not only helping to validate Bitcoin, but also the wider concept of cryptocurrency as a legitimate and viable means of exchange with real-world utility.

Why Bitcoin Pizza Day matters

Since Hanyecz placed his famous order, things have changed substantially in the world of crypto, and Bitcoin is now worth considerably more. Those who focus more on how much 10,000 Bitcoins would be worth today (around €933.6 million at the time of writing) miss the more significant message:

  • Utility: Bitcoin Pizza Day signifies the first time someone used Bitcoin for an actual purchase, not just trading. This proved Bitcoin's potential as a real-world currency, not just a speculative asset.
  • Progress: Bitcoin Pizza Day serves as an annual reminder of how much the crypto space has developed. We've gone from buying pizzas to facilitating an expansive range of transactions, from cars and insurance to travel bookings, jewellery and other luxury goods.
  • Community: The crypto community has embraced Bitcoin Pizza Day as a tradition, and we honestly can’t think of two better things to celebrate than crypto and pizza!


Disclaimer

This article is distributed for informational purposes, and it is not to be construed as an offer or recommendation. It does not constitute and cannot replace investment advice.

Bitpanda does not make any representations or warranties as to the accuracy and completeness of any information contained herein.

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