# GateSquarePizzaDay.

#GateSquarePizzaDay
Today isn't just another Friday; it’s one of the most iconic days in the entire crypto calendar. Grab a slice, log into your account, and welcome to the #GateSquarePizzaDay celebration!
​For the uninitiated, on May 22, 2010, a programmer named Laszlo Hanyecz made history by buying two Papa John’s pizzas for 10,000 Bitcoins. Back then, it was worth about $41. Today? Those two pizzas would be worth hundreds of millions of dollars! It was the first-ever real-world commercial transaction using cryptocurrency, proving to the world that digital assets have real utility.
​To cele

#GateSquarePizzaDay
"10,000 Bitcoin, 2 Pizzas, and Gate Square’s Toaster"
May 22, 2010. A guy posts on a forum:
"I’ll pay 10,000 Bitcoin for 2 large pizzas."
That day, Laszlo Hanyecz’s 10,000 BTC was worth $41. Today, that same 10,000 BTC could pay off a country’s foreign debt. History changed over a slice of pepperoni.
16 years later, Gate Square took that moment and turned it into #GateSquarePizzaDay. But this isn’t just a meme. It’s the annual celebration of how finance got flipped upside down.
The Economics of Pizza: Scarcity Steps On Stage
Laszlo’s “mistake” proved Bitcoin’s scarcity.