It’s May 22nd, crypto enthusiasts around the world are enjoying a pizza with the same atmosphere as turkey on Thanksgiving! OK. But why is pizza, the most important staple food, a festival today, you ask yourself. Because it’s May 22nd folks.
11 years ago today a Florida programmer chose free pizzas and the rest is a revolution.
Let’s remember the saga of “Bitcoin Pizza Day” today for the 11th anniversary. What is their relevance now, how much are the pizzas worth today and how do crypto-establishments celebrate. Let’s take a look at all of this and more.
What is Bitcoin Pizza Day?
Bitcoin Pizza Day is celebrated every year on May 22nd to mark the historic event in the cryptocurrency industry. In other words, the meanwhile crypto giant Bitcoin was used for a real transaction for the first time on May 22, 2010.
Laszlo Hanyecz, a Florida programmer who was part of the early stages of Bitcoin, decided that he had to use his mined tokens. Then he posted a message on the Bitcoin Talk forum saying that I will pay you 10,000 bitcoins for 2 pizzas. Finally, a man in the forum accepted the offer and received Hanyecz, 2 pizzas from Papa Johns. This event led to a feast day for bitcoiners worldwide.
Fairy tale hour!
Back when Bitcoin was known and understood by very few people and was only worth 0.004. One of the developers of the token Laszlo Hanyecz thought it would be really cool to trade open source internet money for real good.
He posted a message on the Bitcointalk forum that read: “I’m going to pay 10,000 bitcoins for a couple of pizzas .. like maybe 2 big ones so I have something left for the next day.”
“I like having leftover pizza to nibble on. You can make the pizza yourself and bring it to my home or order it for me at a delivery location, but my goal is to have food delivered in exchange for bitcoins where I don’t have to order or prepare it myself. like ordering a ‘breakfast platter’ in a hotel or something, you just bring something to eat and you’re happy! “
Two days later a Brit called himself Jeremy Sturdivant AKA Jercos contacted Laszlo via an internet relay chat and offered to broker the deal. Eventually Jercos spent $ 40 on two pizzas and had them delivered by Papa John’s. And so history was made.
It’s a crazy story! In case you’re wondering if Laszlo regrets moving now that it’s worth $ 400 million. No he does not. In an interview, he says it’s pretty cool to take a vacation in my honor.
10,000 BTC is now worth over $ 400 million
Months later, in the same Bitcointalk forum thread, a member asked: “Will this eventually become the world’s first million dollar pizza?“? Well that happened. 10,000 BTC is now worth over $ 400 million.
This story isn’t about how one guy blew 10,000 BTC worth $ 400 million on just 2 pizzas. This is a story about how an internet money token that was worth just 0.004 decades later is now worth $ 45,000 and up.
Bitcoin started a decentralized financial revolution and it’s been a hell of a ride. From prices subject to high market volatility, reluctance from traditional financial markets to being classified as digital gold, payment method and Fortune 500 companies investing in it. Bitcoin has come a long way and this day is the celebration of that development.
Of course, the most obvious way to celebrate Bitcoin Pizza Day is to order pizzas in honor of the early contributors who made it all possible.
Several online activities are also planned for that day to participate in.
- YouHodler, a fintech website, is giving away a brand new Tesla Model Y to YouHodler users on Bitcoin Pizza Day as part of an ongoing campaign, with the vehicle up for grabs for just $ 1,000.
- Binance has come up with a special Collect & Win promo for all users who successfully collect the five special ingredients needed to bake the Bitcoin Pizza can claim a share of the BTC prize pool of $ 52,200.
- Luno crypto exchange in cooperation with Papa Johns has a promotional event going on. Users have a chance to win 1 Bitcoin or 1 year of free Papa Johns pizza. All you have to do is place an order with Papa Johns with the corresponding weekly order.
- Bitcoin trading platform Huobi Global has announced a $ 5,220 airdrop. Entrants have a chance to win $ 522 and become a Pizza King.
- Anthony Pompliano announced a bitcoin pizza service!
The longtime Bitcoin advocate and investor has announced the launch of its “Bitcoin Pizza” brand, which is intended to support the development of Bitcoin. Bitcoin Pizza will start delivery service on May 22nd, the 11th anniversary of “Bitcoin Pizza Day” through May 29th.
Today I present Bitcoin Pizza – a new national pizza brand coming to market in 10 cities.
The first pizzas will be delivered this Saturday, the 11th anniversary of the infamous Bitcoin pizza transaction.
Buy pizza: https://t.co/L6AkyRPgjr 🔥🔥 pic.twitter.com/nUkCZd430Q
– Pomp (@APompliano) May 18, 2021
Well, that’s some interesting trivia and history about Bitcoin Pizza Day. Will these pizzas be the first billion dollar pizza in the next decade? Well, only time will answer that.
Let us know how you’d like to celebrate the day. Maybe you could join our contest and win some crypto. Check out the link below and join in.