Earlier than Pizza, There Was a JPEG: The Forgotten First Bitcoin Transaction

Earlier than Pizza, There Was a JPEG: The Forgotten First Bitcoin Transaction

With Bitcoin Pizza Day nearing, the group is engaged in a dialog about one of many preliminary Bitcoin transactions, pondering whether or not it concerned the acquisition of a JPEG.

Bitcoin Pizza Day is well known on Could 22 to mark the primary event when Bitcoin (BTC) was used to make funds. However, a screenshot from a Bitcoin discussion board is extensively circulating on Twitter.

First Bitcoin Commerce: An Picture Price 500 Bitcoin?

Sabunir, who wished to attempt Bitcoin transactions, posted on the Discussion board that he was prepared to promote a desktop wallpaper for 500 BTC (roughly $1 in 2010). He wrote on Jan. 24, 2010:

“To get the image, please ship the cash to me after which ship a Personal Message stating the time you despatched them. I’ll reply to your Personal Message with a hyperlink to the image.

The picture I’m promoting is my very own creation, with a decision of 1280×960 – nice for a desktop background.”

Additionally, Satoshi Nakamoto, the creator of Bitcoin, participated within the conversation to facilitate the commerce.

Sabunir wanted to trade a JPEG for 500 Bitcoin
Supply: Bitcoin Forum

The Group Wasn’t Prepared to Pay

A month after Sabunir’s put up, the provide acquired lesser curiosity, and therefore he questioned to refine future makes an attempt on Feb. 9, 2010. A discussion board consumer, SmokeTooMuch, replied that he wasn’t excited about spending cash on wallpaper.

A forum user wasn't interested in spending money on wallpaper.
Supply: Bitcoin Forum

However, on Feb. 24, 2010, Sabunir’s wallet acquired two transactions, one for 100 BTC and one other for 500 BTC.

The group has been discussing that if the transaction have been because of the sale of a picture, it will predate the infamous Bitcoin transaction of 10,000 BTC for 2 pizzas.

Sabunir received transactions for 100 BTC, and 500 BTC
Supply: Blockchair

Nevertheless, others argue that these transactions have been for a donation quite than promote of a JPEG. Including to the argument, a Twitter consumer claims that the primary transaction value 100 BTC was acquired seven minutes earlier than the donation request.

Maybe solely Sabunir may give clarification on the extensively mentioned Bitcoin transaction.

In the meantime, there have been over 6.8 million Bitcoin Ordinals Inscriptions minted thus far, in accordance with a Dune dashboard.

The Ordinals know-how permits inscribing knowledge equivalent to textual content, audio, and video to Satoshis, the smallest unit of BTC, thus making Satoshis distinctive. 

Acquired one thing to say concerning the first Bitcoin commerce or anything? Write to us or be a part of the dialogue on our Telegram channel. You can even catch us on TikTok, Facebook, or Twitter.

For BeInCrypto’s newest Bitcoin (BTC) analysis, click here.


In adherence to the Belief Undertaking pointers, BeInCrypto is dedicated to unbiased, clear reporting. This information article goals to offer correct, well timed info. Nevertheless, readers are suggested to confirm information independently and seek the advice of with an expert earlier than making any choices based mostly on this content material.

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