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Crypto

Be[In]Crypto Video News Show: Bitcoin Pizza Day

admin May 19, 2022

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, 2022-05-19 01:02:00,

In this episode of Be[In]Crypto’s Video News Show, host Juliet Lima delves into the story behind Bitcoin Pizza Day, which takes place on May 22.

Pizza requested

On May 18, 2010, a user going by the name of laszlo, later revealed as Laszlo Hanyecz, made a post on bitcointalk forum: “Pizza for bitcoins?”

The request for a commercial transaction, where actual goods were being purchased in a mainstream setting, was a bold one since during the entire year of 2010 the price of bitcoin never went higher than $0.39.

In his post, Laszlo proclaimed that he would pay 10,000 bitcoin for two large pizzas. Not picky about their origin, Laszlo said the pizzas could be homemade and brought to his house, or ordered for delivery. He also specified the toppings he’d prefer, requesting onions, peppers, sausage, mushrooms, tomatoes, and pepperoni.

Many users responded to Laszlo’s posted request. While some claimed interest in the offer, many lived outside of the U.S. and thought it might be strange for an international number to order a pizza in Jacksonville, Florida.

While Laszlo began to question whether the price offered is too low, others questioned his motives jokingly. Bitcoinfx asked whether he was getting hungry or if he just liked pizza?

“I just think it would be interesting if I could say that I paid for pizza in bitcoins,” he replied.

The first commercial use of bitcoin

On May 22, 2010 Laszlo posted again on bitcointalk forum; a post that lives on in bitcoin history:

“I just want to report that I successfully traded 10,000 bitcoins for pizza,” attaching a photo of two large Papa John’s pizzas. This historical purchase of two large pizzas was the first recorded commercial bitcoin…

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