Bitcoin Pizza Day: What is it?

By ChangeNOW | ChangeNOW Crypto Blog | 22 May 2024

Hey there, crypto enthusiasts! Get comfortable and grab a slice because we're about to dive into one of the most delicious stories in the cryptocurrency world — Bitcoin Pizza Day!

Every year on May 22nd, the crypto community celebrates Bitcoin Pizza Day. But why is this day so significant? Let's rewind to 2010, when Bitcoin was still in its infancy, and one man decided to use it to satisfy his pizza cravings.

Meet Laszlo Hanyecz, the star of our story, who made history with two pepperoni pizzas. On May 22, 2010, Laszlo became the first person to make a real-world transaction using Bitcoin. He spent 10,000 BTC — yes, you read that correctly — for two large pizzas. At the time, 10,000 BTC was worth about $41. Today, that amount of Bitcoin would be worth millions! Talk about an expensive pizza party! There's an X page that provides daily updates on the current value of these two pizzas in today's Bitcoin price.

Bitcoin Pizza Day isn't just about celebrating a quirky moment in crypto history—it's a day to reflect on Bitcoin's incredible journey and the broader cryptocurrency world. It's a reminder of the early adopters' belief in the technology and how something as simple as a pizza transaction paved the way for countless other real-world applications.

So, how do we celebrate this cheesy holiday? Many crypto enthusiasts honor the day by, you guessed it, ordering pizza! Some even pay with Bitcoin, embracing the spirit of the original transaction. It's a fun and tasty way to acknowledge the growth of the cryptocurrency community and remember that big things can start with small, humble beginnings.

Bon appétit and happy Bitcoin Pizza Day!

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