Bitcoin Pizza Day: From $41 to Over $1.1 Billion in 15 Years
- Bitcoin Pizza Day commemorates the purchase of two pizzas for 10,000 BTC in May 2010.
- The initial transaction valued Bitcoin at pennies, with the pizzas costing approximately $41.
- On the 15th anniversary, Bitcoin reached a new all-time high of $111,770.
- The current value of those original 10,000 BTC exceeds $1.1 billion.
- Laszlo Hanyecz made the purchase through a forum post seeking food for Bitcoin.
Bitcoin Pizza Day highlights the dramatic increase in Bitcoin’s value from its early days when Laszlo Hanyecz exchanged 10,000 BTC for two pizzas worth only $41 at that time. Today, those coins are valued at over $1.1 billion.
Source (2.6)https://decrypt.co/321640/bitcoin-pizza-day-15-years-later-how-much-pies-worth?rand=52368