May 22, 2025, marked one other Bitcoin Pizza Day. It started with a easy commerce again in 2010. A Florida programmer supplied 10,000 bitcoins for 2 giant pizzas. Those pizzas price about $41 then. Now, those self same cash are price over $1.1 billion. That shift highlights how a lot has modified in simply 15 years.
First Real Bitcoin Purchase
According to BitcoinSpeak discussion board data, on May 22, 2010, Laszlo Hanyecz posted a request to swap 10,000 BTC for 2 pizzas. A 19-year-old consumer referred to as “jercos” agreed. He purchased two pies from Papa John’s for roughly $25 and had them despatched to Hanyecz’s door. That second grew to become the first time Bitcoin was used to purchase a bodily merchandise. It was easy and virtually unintentional. Few noticed it as the beginning of one thing large.
A Bitcoin Pizza Day celebration within the Philippines. Image: CryptoBilis
A Bitcoin Pizza Day celebration within the Philippines. Image: CryptoBilisValue Surge Over Time
Based on studies from market knowledge websites, Bitcoin hit a new all-time high of $111,056 on May 23, 2025, up 0.25% in 24 hours. A single coin now tops six figures. Those 10,000 BTC would in the present day purchase about 70 million pizzas on the similar worth. The international crypto market cap sits close to $3.50 trillion. This rise reveals how early bets on crypto have paid off, although not with out large swings alongside the best way.
Community Celebrations Worldwide
From Berlin to Manila, native communities rejoice the day with meetups and speeches. In the Philippines, followers manage cubicles and panels to coach neophytes. They provide recommendation on wallets, safety, and studying blockchain info. In Europe, small eating places even settle for crypto funds for slices. It’s a mixture of celebration environment and newbie classes. People share tales of their first trades or near-missed features.
What This Means For Users
For others, Bitcoin Pizza Day is not only nostalgia. It illustrates the dangers and rewards of early know-how wagers. It reminds customers how shortly markets shift. Retail traders observe that small choices in 2010 can equal gigantic quantities in the present day. But it additionally cautions in opposition to wild volatility. Prices improve or lower by 1000’s inside a matter of hours. Figuring out how to deal with that’s now a part of rudimentary crypto literacy.
Bitcoin Over The Years
Over 15 years, Bitcoin has gone from underground code to a mainstream asset, exchanges now provide futures, ETFs and custody providers, some governments even speak of holding it as a reserve, and US President Donald Trump has referred to as for clear crypto guidelines.
As wallets and apps get friendlier, persons are utilizing Bitcoin for on a regular basis buys and constructing on-chain fee instruments. Before lengthy, grabbing espresso with Bitcoin may really feel as regular as swiping a card, an concept that began in 2010 when 10,000 cash purchased two pizzas.
Featured picture from Unsplash, chart from TradingView
Editorial Process for bitcoinist is centered on delivering totally researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent overview by our staff of prime know-how specialists and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.
