"Bitcoin Pizza Day" celebrates its 15th anniversary - The cost of the pizza now exceeds 1.1 billion Dollars | CoinDesk JAPAN

• Bitcoin recorded a new all-time high of $111,800 on the 15th anniversary of Bitcoin Pizza Day.
• In 2010, Laszlo Hanyecz conducted the first commercial transaction using Bitcoin, purchasing 2 pizzas for 10,000 BTC.
• The 10,000 BTC used for this pizza purchase now has a value exceeding 1.1 billion Dollars, highlighting the dramatic increase in the value of cryptocurrency.

Bitcoin (BTC) - Pizza Day has arrived, and the most appropriate event has occurred. A new all-time high has been reached.

Bitcoin surpassed $111,800 on the morning of May 22, setting a new record. On this day 15 years ago, developer Laszlo Hanyecz paid 10,000 BTC to Papa John’s Pizza for two pizzas. The value at that time was about $40.

The event on May 22, 2010, was the first commercial transaction using BTC and marked a turning point for crypto assets (virtual currencies) to transition from code to actual currency.

At the current price, you could purchase over 70 million pizzas with 10,000 BTC. As of the 22nd, its value exceeded 1.1 billion dollars. Mr. Hanyetsu does not care about the label of having “lost fortune,” and in 2019, he told CBS that this transaction made Bitcoin “a reality.” He mined coins when BTC was worth less than a cent, and no one could have predicted it would grow into an asset worth trillions of dollars.

Nevertheless, this transaction remains a cultural milestone in the cryptocurrency market. It was the moment that demonstrated the potential for internet currencies to function as real currency. Today, it’s not just pizza that is paid for with Bitcoin. Real estate, cars, and in some countries, even taxes have been temporarily paid with it.

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