May 22, 2025 marks another Pizza Day. It started with a simple deal in 2010. A programmer in Florida provided 10,000 bitcoins for two big pizzas. Those pizzas cost about $41. Now, the coins are worth more than $1.1 billion. This shift highlights how much changes have occurred in just 15 years.
First time buying Bitcoin
On May 22, 2010, Laszlo Hanyecz issued a request to swap 10,000 BTC for two pizzas, according to BitCointalk forum records. A 19-year-old user known as “Jercos” agreed. He bought two pies from Papa John’s for about $25 and sent them to Hanyecz’s door. That moment turned into the first time Bitcoin bought physical items. It’s simple, almost accidental. Few people see it as the beginning of a big thing.
A Bitcoin Pizza Day celebration in the Philippines. Image: CryptoBilis
Value surges over time
According to a report from the Market Data website, Bitcoin reached a new all-time high of $111,056 on May 23, 2025, up 0.25% in 24 hours. Now, a coin exceeds six numbers. These 10,000 BTC will buy about 70 million pizza for the same price today. The global crypto municipal cap is nearly $30 trillion. This rise shows how early bets on cryptocurrencies have paid off, although not without big volatility along the way.
Global Community Celebration
From Berlin to Manila, local communities celebrate the day with gatherings and speeches. In the Philippines, fans organized booths and panels to educate newbies. They provide advice on wallets, security and reading blockchain information. In Europe, small restaurants even accept payment for slices. It’s a mix of party atmosphere and beginners. People share their first deals or nearly misstep stories.
What does this mean for users
For others, Bitcoin Pizza Day is more than nostalgia. It illustrates the risks and rewards of early technical betting. It reminds consumers of the speed of changes in the market. Retail investors have observed that small decisions in 2010 can equal a huge number today. But this also warns not to be wild and unrest. Prices increase or fall by thousands of dollars in hours. Now, figuring out how to deal with this is part of the basic crypto literacy.
Bitcoin over the years
In 15 years, Bitcoin has moved from underground regulations to mainstream assets, exchanges now offer futures, ETFs and custody services, some governments have even talked about using it as reserves, and U.S. President Donald Trump has called for clear cryptocurrency rules.
As wallets and apps become more friendly, people are using Bitcoin for daily purchases and building chain payment tools. Soon after, picking up coffee with bitcoin was as normal as swiping a card, the idea started with buying two pizzas with 10,000 coins in 2010.
Featured images from Unsplash, charts for TradingView
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