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.