Bitcoin Pizza Day: Celebrating $300 Million Pizza Orders and Other Fun Facts


A unique combination of Bitcoin and Pizza. Nevertheless, in these cases a full day is designated. All of this is done in recognition of the innovation that encryption has brought to the world.

Since its creation, cryptocurrencies have dominated the global virtual currency landscape, and now everyone wants to mine these coins or invest in cryptocurrencies.

Investors and entrepreneurs have been looking for cryptocurrency trading opportunities since the first cryptocurrency trading went viral.

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Pizza: The First Real Item Purchased Using Bitcoin

Cryptocurrencies were previously not accepted as a payment method, but after a man in Florida paid for a meal in Bitcoin, this was a topic everyone could talk about.

Bitcoin Pizza Day commemorates the 2010 day when Florida programmer and BTC miner Laszlo Hanyecz bought two pizzas from Papa John’s using crypto. Occurs on May 22 each year. This is the first physical item purchased with the first decentralized digital currency.

This is how the pizzas looked like at the time they were ordered in 2010 (Bitcoin Magazine).

10,000 BTC paid for pizza is worth $300 million today.

Hanyecz paid 10,000 BTC for his famous pizza purchase. This amount was about $41 at the time. The value of cryptocurrencies has grown rapidly over time. Currently, 10,000 BTC is worth close to $300 million.

Obviously, the value of these same bitcoins has grown significantly over the next decade. In fact, if Hanyecz had sold all of his assets for Bitcoin’s all-time high of $68,990, he would have made about $690 million.

Hanyecz told Anderson Cooper in an interview with CBS in 2019 that the purchase was ” [bitcoin] For certain people, it’s real. Actually, it did it for me.”

Order a headline pizza

Because of the price of Bitcoin, Hanyecz’s story has globalized in the United States, and the Wall Street Journal, ABC News, Slate and TechCrunch have joined TechCrunch and Slate to popularize the transaction.

On anniversaries like your first Bitcoin pizza order, the festival that has become an integral part of cryptocurrency culture continues.

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BTC total market cap at $557 billion on the weekend chart | Source: TradingView.com

Congratulations!

PizzaDAO, a decentralized blockchain project that aims to connect pizza lovers around the world with the technological possibilities of Web3, celebrates Bitcoin Pizza Day in a traditional way on Sunday.

The group plans to hold a commemorative event at 100 pizza stores in more than 75 countries, including Argentina, Australia, Canada, the UK, Korea and the US.

Bitcoin Pizza Day is also celebrated by one of the world’s largest digital asset exchanges, Huobi Global, with a primebox special deal.

From May 19th to May 29th, users can participate in the Primebox promotion of a special offer to win a chance to win a 50 BTC prize pool and other NFT prizes.

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Meanwhile, more than 15,000 facilities worldwide already accept cryptocurrency as a payment method.

Movies, clothing, basketball tickets, flight packages, hotel reservations, and video games are all things you can buy using cryptocurrency.

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Featured image from Reddit, chart from TradingView.com

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