Who Bought the First Bitcoin?

The first-ever Bitcoin transaction occurred on January 12, 2009, when Satoshi Nakamoto, the mysterious creator of Bitcoin, sent 10 BTC to Hal Finney, an early Bitcoin adopter and cryptographer. This was the first-ever exchange of Bitcoin between two individuals. At that time, Bitcoin had no significant monetary value, as it was still in the early stages of development.


The first widely recognized commercial transaction involving Bitcoin took place on May 22, 2010—a date now celebrated as Bitcoin Pizza Day. In this famous transaction, Laszlo Hanyecz, a programmer, paid 10,000 BTC for two pizzas from Papa John's. While the amount of Bitcoin was worth around $41 USD at the time, these pizzas are now considered the most expensive ever purchased, given the current value of Bitcoin.


Though Hal Finney was one of the first recipients of Bitcoin, Laszlo Hanyecz's pizza purchase is often considered the first real-world exchange of Bitcoin for goods. These early transactions highlight the evolution of Bitcoin from an experimental digital asset to a globally recognized cryptocurrency with real-world value.


To learn more about Bitcoin’s early history and transactions, you can refer to resources such as Bitcoin.org or CoinDesk.


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