BITCOIN PIZZA DAY — the story behind the first bitcoin transaction.

The first registered transaction of Bitcoin for a consumer product took place when a man purchased two Papa John’s pizzas for 10,000 Bitcoin (BTC). Lazlo Hanyecz, a Florida programmer who had contributed to Bitcoin’s original source code and was a bitcoin miner, set out to promote Bitcoin as a payment method for food delivery services.

On May 22, 2010, Hanyecz wanted to eat a pizza, but he did not want to leave his house and was short of cash to request delivery service. For this reason, he reached out to a Bitcoin talk forum and requested that someone buy him the pizza offering 10,000 Bitcoins in exchange.

In the forum, Hanyecz posted:
“I’ll pay 10,000 bitcoins for a couple of pizzas.. like maybe 2 large ones so I have some left over for the next day. I like having left over pizza to nibble on later. You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I’m aiming for is getting food delivered in exchange for bitcoins where I don’t have to order or prepare it myself, kind of like ordering a ‘breakfast platter’ at a hotel or something, they just bring you something to eat and you’re happy!

A few hours later, Jeremy Sturdivant, better known as Jesco, accepted his offer and sent him his two pizzas in exchange for his 10,000 BTC.

While Hanyecz got his pizza, he did not know that this would mark a historical event in the crypto community. Today, this transaction is celebrated annually as one of the first transactions made in the real world with Bitcoin and is celebrated every May 22 as Bitcoin Pizza Day!

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