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Laszlo Hanyecz: A Crypto Legend

3/27/2022

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In May 2010, software developer Laszlo Hanyecz made the first ever real-world cryptocurrency transaction when he paid 10,000 bitcoin for two pizzas. The coins were worth roughly $40 at the time. 

Florida-based Laszlo Hanyecz exchanged his Bitcoins for two pizzas at a nearby pizzeria. The transaction is regarded as the first official usage of Bitcoin in a commercial transaction with a real business. 

He went to a nearby pizza place called Papa John's and ordered two pizzas. His bitcoins were only worth $40 at the time. But, because cryptocurrency wasn't yet a thing in the business sector, Hanyecz turned to the Bitcointalk community for help, offering to trade his Bitcoins for pizzas.
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