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. After the post went live, there was no response until May 22, when a user named Jeremy Sturdivant helped him order the pizzas for $25, completing the transaction. At the time, 10,000 Bitcoins were worth about $25, making the average value of each Bitcoin $0.0025.
2 Subsequent Impact
A Bitcoin's initial pricing: This transaction marks the first time Bitcoin has had a real price, demonstrating its usability for real transactions and laying the foundation for Bitcoin's transition from "virtual code" to "circulating currency."
B "Bitcoin Pizza Day" was born: May 22 is known in the crypto world as "Bitcoin Pizza Day", becoming a commemorative day for the crypto community, with related celebrations held every year on this day.
C The dramatic reversal of wealth: As the price of Bitcoin soars, 10,000 Bitcoins are now worth hundreds of millions of dollars, and that year's pizza is dubbed the "most expensive pizza in history."
The party's attitude, Laszlo, stated that he does not regret this transaction, believing it to be a part of Bitcoin's early history, proving its "practicality." Meanwhile, Jeremy, who received the Bitcoin, later sold most of it for 400 dollars for travel and other purposes, and neither of them regretted missing out on wealth.
3 Event Significance
The Bitcoin Pizza Day event is not only a curiosity in the crypto world but also symbolizes a turning point for Bitcoin from a "virtual experiment" to "real-world application," reminding people that the "absurd" attempts in the early stages of technological innovation may become the starting point for future value.