What was traded in the 2010 bitcoin food buy, and how is it recorded?

"Sixteen years ago today, a Florida programmer named Laszlo Hanyecz paid 10,000 Bitcoin for two large Papa John's pizzas."

"On May 22, 2010, Florida-resident Laszlo Hanyecz paid 10,000 bitcoin BTC $83,496.77 for two Papa Johns pizzas in what is largely considered to be the first purchase ever made with the then experiential digital currency."

"On 22 May 2010, the first known commercial transaction using bitcoin occurred when programmer Laszlo Hanyecz bought two Papa John's pizzas for ₿10,000, in what would later be celebrated as "Bitcoin Pizza Day"."

"The first notable retail cryptocurrency transaction involving physical goods was paid on May 22, 2010, by exchanging 10,000 bitcoins for two pizzas delivered from a Papa John's in Jacksonville, Florida."

"At the time, those coins were worth roughly $41."

"In his initial ask on May 18, 2010, which went unanswered for three days, Hanyecz offered 10,000 BTC for two pizzas (no anchovies!)."

"This is accomplished through a specialized distributed ledger called a blockchain that records bitcoin transactions."

"Laszlo Hanyecz, who lives in Jacksonville, created a thread on an online forum offering the bitcoins to anyone who would order him two pizzas."

"On May 18, 2010, Hanyecz posted on the BitcoinTalk forum with a straightforward offer: 10,000 BTC to anyone willing to order him two pizzas."

"Eventually, 19-year-old Jeremy "Jercos" Sturdivant responded and offered to be on the other end of the trade."

"While wallets and software treat all bitcoins the same, each bitcoin's transaction history is recorded on the blockchain."

"Jeremy Sturdivant, a user from England, accepted the offer and had the pizzas sent to Hayecz's home."

"Four days later, a then-19-year-old forum user named Jeremy Sturdivant accepted, ordered the pies from Papa John's, and collected 10,000 BTC via manual transfer."

""I just want to report that I successfully traded 10,000 bitcoins for pizza," Hanyecz said at the time."

"Approximately 14 years ago today, Laszlo Hanyecz posted on bitcointalk.org, offering 10,000 bitcoins for “a couple of pizzas.”"

"Bitcoin Pizza Day, observed each May 22, marks the first commercial transaction using Bitcoin"

"Although the offer was first proposed on May 18, it wasn’t until May 22 that someone accepted Hanyecz’s proposal."

"This event marks May 22 as "Bitcoin Pizza Day" for crypto-fans."

"The two pizzas were from the Papa John’s pizza chain and the company mentioned the purchase in 2021 on X."

"“I just want to report that I successfully traded 10,000 bitcoins for pizza,” Hanyecz informed the bitcointalk.org community."

"The funds Hanyecz used would be valued at $670 million at today’s BTC exchange rates."

"Laszlo Hanyecz ( laszlo ) made the first documented purchase of a good with bitcoin when he bought two Papa John's pizzas from jercos for 10,000 BTC."

"It was on May 22 that he reported successfully trading 10,000 BTC for two pizzas, with jercos ordering the pizza and receiving the coins."

"The bitcoins were quoted at $41 at the time of the offer."