Bitcoin Pizza Day 2023: Community celebrates anniversary of first known BTC transaction

Similar to previous years, crypto fans commemorated the day by consuming pizza, with Bitcoiners in Indonesia sharing a picture of themselves consuming pizza in Bali. At the time of writing, 10,000 BTC is worth around $268 million.Related: Bitcoin FOMO is gone, portfolio supervisors are taking BTC seriouslyWhile the Bitcoin pizza transaction is commonly recognized as the first physical goods exchange using BTC, some speculate that there might be a sale that preceded it. On May 14, Crypto Twitter was set ablaze as people thought about the possibility of an image being sold in exchange for 500 BTC months before the pizza purchase.

The exchange included 10,000 BTC– worth $41 at the time– and two pizzas from a local dining establishment in Florida. Comparable to previous years, crypto fans commemorated the day by consuming pizza, with Bitcoiners in Indonesia sharing a picture of themselves eating pizza in Bali. #Bitcoin pizza day with bunch of bitcoiners in Bali pic.twitter.com/WbeHx02Xlq— Dea Rezkitha (@dearezkitha) May 21, 2023

Source: RedditOn Reddit, neighborhood members shared their curiosity about the fate of the 10,000 BTC spent on the pizza. At the time of composing, 10,000 BTC is worth around $268 million.Related: Bitcoin FOMO is gone, portfolio managers are taking BTC seriouslyWhile the Bitcoin pizza transaction is extensively acknowledged as the first physical goods exchange utilizing BTC, some hypothesize that there may be a sale that preceded it. On May 14, Crypto Twitter was set ablaze as individuals thought about the possibility of an image being offered in exchange for 500 BTC months before the pizza purchase.