Bitcoin Pizza Day is crypto's longest-running joke
Bitcoin Pizza Day marks the anniversary of the first real-world purchase using Bitcoin, which occurred on May 22, 2010. Laszlo Hanyecz famously paid 10,000 bitcoins for two pizzas, a transaction that has since become a humorous symbol of the cryptocurrency's value appreciation. The event highlights the irony of using Bitcoin as a currency rather than a speculative asset, as the value of those pizzas has skyrocketed to over $770 million today.
- ▪Bitcoin Pizza Day is celebrated on May 22, marking the first real-world Bitcoin transaction.
- ▪Laszlo Hanyecz paid 10,000 bitcoins for two pizzas in 2010, a sum now worth over $770 million.
- ▪The event has become a long-running joke in the crypto community, illustrating the absurdity of Bitcoin's value appreciation.
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Why Bitcoin Pizza Day is crypto’s longest-running jokeMay 22, 2026 · 2 min readToday marks the 16th anniversary of Bitcoin Pizza Day, the closest thing the cryptocurrency has to a holiday. May 22, 2010 was the first time Bitcoin was used to purchase something in the real world, when Laszlo Hanyecz paid another user of the Bitcoin Talk forum 10,000 bitcoins to deliver him two Papa John’s pizzas.Every story about Bitcoin Pizza Day inevitably converges on the same thing: the remarkable present value of the 10,000 bitcoins used to purchase those two pizzas (more than $770 million USD at time of writing).
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