Bitcoin Pizza Day 22nd May — An epic event in the history of Bitcoin

Tanushree Pathak
2 min readMay 22, 2022

Globally, over five million pizzas are sold every year and it’s increasing as the love for pizza is beyond anything else. It’s a comfort food and easy to carry as well as eat. I have not seen anyone who does not like pizza. Yes, exceptions are everywhere, but mostly people love it.

The popularity of pizza reached the crypto space when, in 2010, Laszlo Hanyecz set out to buy two large pizzas with bitcoin. This was the first time anyone bought physical goods using Bitcoin.

This is one of those stories that would be treated as a crypto promotional stunt unless it was documented.

Now you will see Bitcoiners buying pizza on May 22nd and celebrating this event with their family and friends. It is nearly considered a religious event where Bitcoiners gather to celebrate this monumental day when Laszlo Hanyecz, a Floridian, bought pizza with internet money that no one at that time knew existed.

He reported that with 10,000 Bitcoin he bought pizza from a 19-year-old named Jeremy Sturdivant . The pizza was from Papa John’s. However, it would not be appropriate to say that those similar Bitcoins appreciated in value suddenly over the following year.

Actually, if Hanyecz had presumably sold his whole stash at bitcoin’s all-time high of $68,990, he could have successfully made $690 million — sufficient to buy 46 million large Papa John’s pizzas at $15 a piece.

There are situations when you think that there should be a way to understand that you are living in golden days. Those days when only a handful of people knew about Bitcoin and crypto were the golden days for them, but only a few of them, like Hanyecz, utilized it and used it to buy pizza.

Happy Bitcoin Pizza Day to every Bitcoiner around the world!🥳

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