- On May 22, 2010, one cryptocurrency adopter bought two pizzas using Bitcoin, remarkably marking Bitcoin Pizza Day.
- This was the very first time it was reported to buy physical goods with the help of Bitcoin.
There was a programmer named Laszlo Hanyecz, who was the first Bitcoin miner. Before this, in 2012, Bitcoin halving was something in which each successful miner was awarded 50 Bitcoins as they were the ones who discovered a new block. This year, on May 22, it was celebrated as the Bitcoin Pizza Day, along with online and in-person events worldwide.
Bitcoin Pizza Day- Meaning
Annually, on May 22, Bitcoin Pizza Day is celebrated, and ultimately, it marks the anniversary of the very first ever real-world transaction done with the help of Bitcoin. For 10,000 BTC, a programmer named Laszlo Hanyecz bought two pizzas, and at that time, the cost of two pizzas was 10,000 Bitcoins or around $41.
Also, by the end of May 2021, Laszlo was the one who still did not manage to find anyone who could complete his Bitcoin pizza transaction. But someone just took him up on the offer the next day. And this day, or we can say this move, could later go down in the whole history.
Bitcoin Pizza Day has become a tradition at the academy named Binance. Some team members of Binance eventually reported that in the current year, the celebrations are already set to be one of the biggest, along with many amazing events online and across the world.
Importance of Bitcoin Pizza Day
No matter what, the particular transaction will always be considered one of the most significant moments in Bitcoin’s history. The reason behind this is it has ultimately demonstrated that various cryptocurrencies can be used for real-world transactions, along with some that sparked the interest which widespread in the potential of the entire blockchain technology.
The importance of Bitcoin Pizza Day to the entire cryptocurrency community is because it has remarkably marked the reminder of the early days of Bitcoin along with the progress that has been made till now.
Some things that one can buy with the help of Bitcoin other than Pizza in the year 2023 are:
- Home appliances, electronics items, and gadgets can be easily bought with the help of Bitcoin.
- Another thing that can accept Bitcoin is food and beverages from different restaurants.
- For all the online platforms, gaming credits can also be bought.
- Some travel services like flights, car rentals, accommodations only from online booking platforms, and many more.
One should never miss a Pizza party and should join Binance for the Bitcoin Pizza Day party wherever they are in the world!
If they can’t come to the pizzeria or the minibus, they can have fun at Binance Live.
As one eats their pizza on May 22, they think about that day in 2010 and how far the world has come since then.
So, in this historic event, the entire crypto community always comes together every year on May 22 to have fun and celebrate the first physical Bitcoin transaction, along with recalling Hanyecz on how he used his mind and is been one-tenth as wealthy as Melinda Gates.