Each year, on May 22, the Crypto community celebrates an event that is both mythical and tasty: the Bitcoin Pizza Day. This date pays tribute to the first Bitcoin commercial transaction in history, when Laszlo Hanyecz, a passionate developer and pioneer of the network, bought two pizzas for 10,000 BTC.
A sum which today is equivalent to more than a billion dollars. But what few people know is that this emblematic transaction was only the beginning of a long series. Hanyecz did not stop at two pizzas. He continued to buy, again and again … until exploding all the records.
- Bitcoin Pizza Day commemorated the first Bitcoin commercial transaction, where Laszlo Hanyecz bought two pizzas for 10,000 BTC, now equivalent to more than a billion dollars.
- Between April and August 2010, Hanyecz spent more than 79,000 BTCs, or nearly 8.7 billion dollars current, to buy pizzas.
79,000 BTC in pizza: Laszlo Hanyecz feast
If we all know the history of 10,000 BTC for two pizzas delivered by Papa John’s, it was actually that the first public transaction from Laszlo Hanyecz.
In a interview given in 2019 to Bitcoin Magazinehe explained that he had regularly used his BTC to buy pizzas throughout the year.
So, Between April and August 2010more than 79,000 BTCs have left its portfolios To buy pizzas. In all, it is estimated that he would have spent More than 81,000 BTCeither Almost $ 8.7 billion to the current value of the BTC.
Why so many bitcoins for simple pizzas?
You have to replace yourself in the context of the time. In 2010, Bitcoin was only worth a few centsand exchanges were mainly made between enthusiasts on the forum BitcoinTalk. It was common to send Hundreds, even thousands of BTC As a test or to thank a contributor.
For Hanyecz, these pizzas were not a loss. He said it himself:
“It was a free pizza. I felt like I was winning the internet that day. »»
He did not see the BTC as a reserve of value, but as promising open-source technology… A hobby which, in addition, allowed him to pay a dinner.
Hanyecz was not a simple user. He was One of the very first developers Actively contributing to the Bitcoin Core code. Above all, he played a decisive role in the evolution of mining.
In May 2010, it was The first to introduce mining by GPUa method 10 times more efficient than the CPU used until then. Thanks to this, he was able to undermine thousands of bitcoins per daysometimes from a simple MacBook.
But this advance was so radical that even Satoshi Nakamoto He wrote to express his concerns, judging the method too powerful for a still fragile network.
Despite the legend of Bitcoin Pizza Day, Hanyecz is much more than a meme. He deeply influenced Bitcoin’s mining architecture. And even if he is no longer active in development today, his imprint remains indelible.
And while the pizzas cool in the memories of the community, The BTC continues to climb. Bernstein’s latest report predicts a possible summit to $ 200,000 in the coming weeks.