One day, Laszlo was hungry and thought, “Hey, I wonder if I can buy pizza with Bitcoin?” So he made a deal with someone online:

→ He gave 10,000 Bitcoins (which was only worth about $40 at the time).

→ The other person bought him two Papa John’s pizzas and delivered them to his house.

At that moment, this was the first ever real world purchase using Bitcoin!

Now, the crazy part is that Bitcoin’s price skyrocketed over the years. If Laszlo had kept those 10,000 Bitcoins instead of trading them for pizza, they would be worth more than $730 million when Bitcoin hit its highest price in 2024! That’s enough money to buy a lifetime supply of pizza and still have billions left over.

Because of this, the crypto community celebrates May 22nd as ‘Bitcoin Pizza Day’ to remember this legendary trade. It shows how much Bitcoin has grown from something people used to buy pizza to a global financial powerhouse.

Moral of the story? 

Pizza is great, but maybe… Don’t be quick to spend all your crypto,,,, HODL 

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