Join us as we remember the historic occasion that marked the first known Bitcoin transaction for a physical good, igniting a revolution in digital currency, on the thirteenth anniversary of Bitcoin Pizza Day.
On May 22, 2023, “Bitcoin Pizza Day,” which marked the first known Bitcoin transaction for a genuine good, will mark its thirteenth anniversary.
Here are the events for this year.
Why do we observe Bitcoin Pizza Day and what does it represent?
Programmer Laszlo Hanyecz created history on May 22, 2010, when he paid 10,000 Bitcoin for two Papa John’s pizzas. The price was roughly $41 at the time.
With the intention of showcasing Bitcoin’s viability for everyday transactions, Hanyecz, an early adopter of BTC, actively sought to demonstrate its potential. He offered 10,000 BTC on a forum for someone to buy him pizzas, which quickly became a symbol of the cryptocurrency industry. With the skyrocketing price of BTC over time, those two pizzas now hold enormous value, reaching up to $270 million if valued at $27,000 per BTC.
Events related to cryptocurrencies on this 13th anniversary of Bitcoin Pizza Day
One of the largest supporters of Bitcoin Pizza Day is Binance, the most popular cryptocurrency exchange, which is once again giving away a ton of prizes: https://twitter.com/i/status/1658144848715690002
Bitget, a cryptocurrency exchange for derivatives and copy trading, has also joined the effort.
In essence, these are a number of campaigns targeted at both new and “old” Bitget users. By simply following the instructions, they will be able to claim their prizes in Tether (USDT).
2023’s Bitcoin Pizza Day: Bitrefill seeks to support neighborhood gatherings
Bitrefill, a well-known seller of cryptocurrency gift cards, is also honoring Bitcoin Pizza Day by offering to support nearby Bitcoin meetups.
The winners will receive a free pizza, and Bitrefill will support the gatherings they suggest.
When it comes to bitcoin trading platforms, some have created their own events for Bitcoin Pizza Day and are giving out BTC to users that participate. One Bitcoin has been given away by Gate.io.
Avoid missing out! Use $1BTC to participate in the #Bitcoin Pizza Day celebration. To win, submit your entry right away.
Lightning Network pizza ordering and payment for Laszlo
Three years ago, the programmer behind Bitcoin Pizza Day planned to retaliate by utilizing the Lightning Network (LN) to purchase additional pizzas in BTC. Hanyecz then made a payment of 649,000 satoshi, or 0.00649 bitcoin.
Despite suffering his first significant “loss” by spending 10,000 BTC on the first two pizzas, Laszlo still intended to showcase the Lightning Network, which he believed to be the only way to scale the Bitcoin blockchain.
In comparison to the $270 million value of the first pizzas, 0.00649 BTC is currently worth only $157.