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Tag: Bitcoin history

Bitcoin Pizza Day 2025: The Transaction That Changed Crypto


On May 22, 2010, Laszlo Hanyecz made history by trading 10,000 BTC for two pizzas. At the time, that amount of Bitcoin was worth about $41. Today, it would be valued at over $1 billion. This was more than just a quirky online moment, it marked the first real-world Bitcoin transaction and set the first monetary value for cryptocurrency.

Fifteen years later, Bitcoin Pizza Day continues to represent a pivotal moment in the evolution of digital currency. It demonstrated that Bitcoin could be exchanged for tangible goods, helping pave the way for global crypto adoption.

This year, Medium featured Bitstop for celebrating the milestone and for our ongoing work to expand access to cryptocurrency through a growing network of Bitcoin ATMs across the United States.

Bitcoin Pizza Day is more than a celebration of one of crypto’s quirky origin stories,” said Doug Carrillo, Bitstop Co-Founder. “It’s a reminder of the journey toward financial freedom and the importance of access.”

To honor the 15th anniversary of Bitcoin Pizza Day, Bitstop is offering 15% off transaction fees at Bitcoin ATM locations nationwide. Use promo code PIZZA15 from May 22 through May 29 at 3:00 AM ET. Find a Bitcoin ATM near you and buy Bitcoin with cash, fast, secure, and on your terms.

Since 2013, Bitstop has made it simple for people to access Bitcoin and other cryptocurrencies by converting physical cash into digital currency. With ATMs located in convenience stores, gas stations, and grocery chains, Bitstop is building the last mile of crypto infrastructure.

From those first two pizzas to a nationwide network of Bitcoin ATMs, Bitstop is proud to power the next chapter of the digital economy.

Bitcoin Turns 16: A Milestone in the Digital Economy

January 3rd marks a turning point in financial history. On this day in 2009, the Bitcoin network came to life with the mining of the very first block – known as the genesis block, by its anonymous creator, Satoshi Nakamoto. That single block ignited a movement, laying the foundation for decentralized digital currency and opening the door to an entirely new financial system.

At Bitstop, we honor this milestone not just as crypto enthusiasts, but as builders of the infrastructure that powers everyday access to Bitcoin across the U.S.

The Genesis Block: Where It All Began

On January 3, 2009, the anonymous creator of Bitcoin, Satoshi Nakamoto, mined the first block, known as the genesis block or Block 0. Embedded within it was the message: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” This statement was a clear nod to the financial crisis of 2008 and an implicit critique of the traditional banking system. Bitcoin was born as an alternative- a peer-to-peer electronic cash system free from central authority.

Sweet 16: A Decade and a Half of Transformation

In its 16 years, Bitcoin has transcended its initial perception as an obscure experiment. It has grown into a trillion-dollar asset class, sparking the creation of thousands of cryptocurrencies and countless blockchain projects. Bitcoin’s milestones include:

  • 2010: The first commercial Bitcoin transaction, 10,000 BTC for two pizzas, famously marked the first real-world use case.
  • 2013: Reaching $1 billion in market capitalization, signaling growing mainstream interest.
  • 2017: Surpassing $20,000 in price for the first time, drawing unprecedented global attention.
  • 2021: Adoption as legal tender in El Salvador, a historic moment for cryptocurrency acceptance.
  • 2024: Bitcoin price hits 100k for the first time.

Through it all, one thing has remained true: Bitcoin belongs to the people.

Why Bitcoin Matters

Bitcoin isn’t just about price, it’s a symbol of freedom, innovation, and the power of decentralization. By enabling borderless transactions and providing an alternative store of value, Bitcoin empowers individuals in ways traditional financial systems often cannot. It has become a tool for financial inclusion, especially in regions where access to banking services is limited.

Looking Ahead

As we celebrate Bitcoin’s Sweet 16, it’s also a time to ponder its future. Will it become a global reserve currency? Will its lightning-fast transactions and low fees revolutionize remittances? The possibilities are endless, and Bitcoin’s resilience suggests it’s here to stay.

Join the Celebration

At Bitstop, we’re proud to be part of Bitcoin’s journey. Our mission is to make Bitcoin accessible to everyone through our extensive network of Bitcoin ATMs, empowering individuals to take control of their financial future. Whether you’re a long-time Bitcoin enthusiast or new to the world of cryptocurrency, we’re here to help. Celebrate Bitcoin’s Sweet 16 by finding the nearest Bitcoin ATM to you and joining the decentralized revolution.

Happy Sweet 16, Bitcoin!

📍 Find a Bitstop Bitcoin ATM near you