Glossary

Pizza Day

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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.

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