Pizza Day
Pizza Day marks the world’s first commercial Bitcoin transaction, where Laszlo Hanyecz paid 10,000 Bitcoin for two pizzas on the 22nd of May 2010.
Pizza Day marks the world’s first commercial Bitcoin transaction, where Laszlo Hanyecz paid 10,000 Bitcoin for two pizzas on the 22nd of May 2010. At the time of the purchase, Bitcoin held relatively little value, being priced ~$0.01. However, as Bitcoin’s value has surged over the years, this transaction has gained notoriety.
If calculated at Bitcoin’s all-time high of $73,738 in 2024, the value of those two pizzas (and bitcoin) would exceed 700 million USD.
Pizza Day is a concept relevant to Bitcoin, finance, or blockchain technology that investors should understand. Onramp's comprehensive Bitcoin glossary provides clear explanations of Pizza Day and hundreds of other terms to support informed investment decisions.
Frequently Asked Questions
What is Pizza Day?
Pizza Day is a term used in Bitcoin, finance, or blockchain technology. Understanding Pizza Day helps investors and enthusiasts build a stronger foundation of knowledge about digital assets and financial markets.
Why is Pizza Day important?
Pizza Day is relevant to understanding how Bitcoin, financial markets, or blockchain technology operates. Knowledge of such concepts helps investors make better-informed decisions about their portfolios.
Where can investors learn more about Pizza Day?
Onramp's Bitcoin glossary offers detailed, accessible explanations of Pizza Day and over 500 other terms related to Bitcoin, finance, and blockchain technology for investors at all experience levels.
