It’s 22nd May, Crypto enthusiasts around the world are relishing a Pizza, with the same vibe as having turkey on thanksgiving!! OK. But why is having Pizza, the most staple food a celebration today you ask. Because it’s 22nd May folks.
11 years ago, this day a programmer from Florida decided to have free pizza’s and the rest is no short of a revolution.
Let’s recollect the saga of “The Bitcoin Pizza Day” on its 11th Year Anniversary Today. What is its relevance now, How much are the pizzas worth today, and how are crypto establishments celebrating. Let’s take a look at all of this and more.
What is Bitcoin Pizza Day?
Every year on May 22, “Bitcoin Pizza Day” is celebrated to mark the historic event in the cryptocurrency industry. I.e, for the first time ever, on May 22, 2010, the now crypto giant Bitcoin was used for a real-life transaction.
Laszlo Hanyecz, a programmer in Florida who was a part of the nascent stages of Bitcoin decided he had to put his mined tokens to use. He then put out a message on Bitcoin Talk Forum saying I’ll pay you 10000 Bitcoins for 2 Pizzas. Eventually, a man on the forum took up the offer and got Hanyecz, 2 Pizzas delivered from Papa Johns. This happening gave birth to what’s now a celebration day for Bitcoiners worldwide.
Back when Bitcoin was known and understood by very few people and was worth just 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-world good.
He put out a message on the Bitcointalk forum that read – “I’ll pay 10000 Bitcoins for a couple of pizzas.. like maybe 2 large ones so I have some leftover for the next day”
“I like having leftover pizza to nibble on later. You can make the pizza yourself and bring it to my house or order it for me from a delivery place, but what I’m aiming for is getting food delivered in exchange for bitcoins where I don’t have to order or prepare it myself, kind of like ordering a ‘breakfast platter’ at a hotel or something, they just bring you something to eat and you’re happy!”
Two days later, a British guy named Jeremy Sturdivant AKA Jercos got in touch with Laszlo via internet relay chat and offered to broker the deal. Finally, Jercos spent $40 for two pizzas and got them delivered from Papa John’s. And, that’s how history was made.
This is one crazy story! In case, you’re wondering if Laszlo regrets his move, now that it’s worth $400 Million. No, he doesn’t. In an interview, he says it’s pretty cool to have a holiday in my honor.
10000 BTC is now worth over $400 Million
On the same Bitcointalk forum thread, Months later a member asked, “Will this eventually be the world’s first million-dollar pizza”? Well, that did happen. 10000 BTC is now worth over $400 Million.
This story isn’t about how a guy blew 10000 BTC now worth $400 Million on just 2 Pizzas. This is a story about how an internet money token worth just 0.004 decades later is now worth $45000 and above.
Bitcoin has started a revolution of decentralized finance and it’s been one hell of a ride. From prices being subject to intense market volatility, restrain from the traditional financial markets to being considered digital gold, mode of payment, and fortune 500 companies investing in it. Bitcoin has come a long way and this day is the celebration of this evolution.
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.
There are also several online activities scheduled for that day, one could take part in.
- YouHodler, a fintech website, is giving away a brand new Tesla Model Y on Bitcoin Pizza Day as part of an ongoing campaign for YouHodler users, with the vehicle up for grabs for just $1,000.
- Binance has come up with a special Collect & Win Promo for all the users who successfully collect the five special ingredients needed to bake the Bitcoin Pizza can claim a share of the $52,200 BTC prize pool.
- Crypto exchange Luno in collaboration with Papa Johns has a promotion event ongoing. The users stand a chance to win 1 Bitcoin or 1 year of free pizza from Papa Johns. All one got to do is place an order at Papa Johns with relevant weeks order.
- Bitcoin trading platform Huobi Global has announced a $5,220 Airdrop. Participants stand a chance to win $522 and be a Pizza King.
- Anthony Pompliano announced a Bitcoin Pizza Service!
Long-time Bitcoin proponent and investor have announced the launch of his “Bitcoin Pizza” brand that is aimed at supporting the development of Bitcoin. Bitcoin Pizza will begin delivery services on May 22, the 11-year anniversary of “Bitcoin Pizza Day,” until May 29.
Now, that’s some interesting trivia and history about Bitcoin Pizza Day. Will those pizzas be the first billion-dollar pizza in the next decade? Well, only time will answer that.
Let us know how you plan on celebrating the day. Perhaps, you could take part in our contest and win some crypto. Check out the link below and participate.