Bitcoin Pizza Day: 2 pies are now worth $22.5 million

BEIJING, May 23 (CCTV.com) -- Every May 22, bitcoiners the world over will celebrate the anniversary of the most expensive pizzas in history.

Bought on 22nd May 2010 by Laszlo Hanyecz, the programmer paid a fellow Bitcoin Talk forum user 10,000 BTC for two Papa John’s pizzas. Back then – when the technology was just over a year old – that equated to roughly $25, but is $22.5 million by today’s exchange rate, making them likely candidates for the most expensive pizzas of all time.

Now widely recognised as the first real-world transaction with bitcoin, May 22nd has come to celebrate 'Bitcoin Pizza Day', with cryptocurrency enthusiasts raising a slice to Hanyecz’s infamous hunger pangs that paved the way for early merchant adoption.

Papa John’s pizzas

Bitcoin Pizza Day

Bitcoin Pizza Day

Concept image: Bitcoin