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The $500,000,000 Bitcoin Pizza
new.coinpy.net � news � celebrating-bitcoin-pizza-day-time May 22 marks the 12th anniversary of Bitcoin Pizza Day, a day when the cryptocurrency was used in a real-world transaction for the first time. On May 22, , when bitcoin was a little over a year old, he bought two pizzas for 10, BTC. The day is now known as "Bitcoin Pizza Day.".

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Reflecting on the historic transaction, Hanyecz shared in a interview with CBS that he believed it made Bitcoin "real for some people. First, bitcoin's halving showed in real time bitcoin's inviolable issuance schedule all while central banks test just how much money they can print on demand. This exchange is widely celebrated because it is viewed as the first use of bitcoin in a commercial transaction with bitcoin as the medium of exchange. The pizzas were from Papa John's, and while they were not enjoyed directly from the restaurant, their significance would far surpass a simple meal.