Bitcoin Pizza Day: From $41 Experiment to Billions in Value
— Bitcoinist
Bitcoin Pizza Day: From $41 Experiment to Billions in Value.
Bitcoin Pizza Day marks the anniversary of a $41 pizza purchase that is now worth billions.
- In 2010, Laszlo Hanyecz's purchase of two pizzas for 10,000 BTC demonstrated Bitcoin's potential for real commerce; only a few hundred transactions were occurring daily at that time.
- In 2026, Iran announced that ships could pay tolls in Bitcoin at the Strait of Hormuz, but no onchain evidence of such payments exists yet.
- In the US, lawmakers are advancing Bitcoin-related legislation, including efforts to exempt Bitcoin payments from certain taxes.
Bitcoin Pizza Day illustrates the evolution of Bitcoin and its potential in international trade, which could influence future adoption and use.