Bitcoin Pizza
On May 22, 2010, Laszlo Hanyecz paid Jeremy Sturdivant 10,000 BTC for two pizzas. This event is widely considered to be the first real-world transaction using Bitcoin. Before this, Bitcoin had only been used on the internet by a small group of enthusiasts. Hanyecz's purchase showed that Bitcoin could be used to buy real-world goods and services. Since then, Bitcoin has become a popular way to pay for goods and services online. It is also used as an investment, with people buying Bitcoin in the hope that it will increase in value. The story of the Bitcoin pizza purchase is often used to illustrate how far Bitcoin has come since its early days. In 2010, 10,000 BTC was worth around $30. Today, it would be worth over $100 million. |