pizzaday
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Today, we celebrate the legendary day in 2010 when 10,000 BTC bought two pizzas, marking the first real-world Bitcoin transaction. Share your best pizza memes, join our fun trivia, and let's settle the ultimate debate: pineapple on pizza – yay or nay? Let's make this the cheesiest, most fun day in crypto history! 🍕🚀
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How a 10,000 Bitcoin Pizza Changed Bitcoin
Bitcoin Pizza Day: Fourteen years ago today Laszlo Hanyecz paid 10,000 Bitcoin for a pizza, marking the first commercial transaction made using the cryptocurrency. And with it, Bitcoin Pizza Day was born.
The Florida-based programmer, aged 28 at the time, posted a pizza order in a Bitcoin Talk Forum on May 22, 2010.
He wanted a pizza delivery “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!”
Also read: Bitcoin Surges Over $71 as Short Traders Take Losses
Pizza Set the Stage for Bitcoin Revolution
Hanyecz offered 10,000 bitcoin (BTC) to the person who would bring him the pizzas.
“I’ll pay 10,000 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,” he said.
“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…”
Jeremy Sturdivant, a California student who was 19 at the time, took up the offer and brought Hanyecz two large pizzas from Papa John’s for 10,000 Bitcoin.
The deal, which has since been mythologized as Bitcoin Pizza Day, has earned notoriety over time because 10,000 BTC, worth about $41 at the time, is now worth $700 million at existing prices.
More importantly, Pizza Day marked the first time Bitcoin, first mined by its pseudonymous founder Satoshi Nakamoto on January 3, 2009, was ever used in a commercial transaction. The transaction spawned an industry that is now valued at $2.7 trillion.
11 years ago today, a very hungry programmer, Laszlo Hanyecz, paid 10,000 bitcoin for two Papa John's pies, marking the very first bitcoin pizza transaction, ever. Considering today’s bitcoin value, that trade is worth roughly $613 million. Happy #BitcoinPizzaDay !
— Papa Johns (@PapaJohns) May 22, 2021
Exchanges Use Bitcoin Pizza Day for Educational Outreach
On May 22, 2024, the crypto community celebrates the 14th anniversary of the Bitcoin Pizza Day.
Hashtags such as #BitcoinPizzaDay and #PizzaForBitcoin are lighting up social media platforms as crypto enthusiasts and businesses throw pizza parties, contests, and educational outreaches around the world.
Crypto exchange Bitget is working NounsDAO, Unlock Protocol, Stand with Crypto, OwnTheDoge, the World Pizza Champions and others to throw a Global Pizza Party in 150 cities across the world.
Meanwhile, the largest cryptocurrency exchange, Binance, is engaging and educating people on Bitcoin Pizza Day with events concurrently held in 16 countries between May 17 and May 22.
Bitget CEO Grace Chen told Cryptopolitan that Pizza Day marked a turning point in the evolution of Bitcoin as it embodied proof of concept, publicity boost and cultural impact for the cryptocurrency.
“This seemingly simple transaction carried profound significance,” Chen said.
“Hanyecz’s pizza purchase demonstrated that Bitcoin could be used to buy real goods and services, validating the idea of decentralized digital currency.”
Concerning publicity boost and culture, she observed: “The successful transaction sparked interest and excitement both within and outside the Bitcoin community, encouraging more people to explore and experiment with Bitcoin.”
Pizza Helped Fuel Web3 Growth
Bitcoin Pizza Day has become a part of crypto culture, fostering a sense of community and shared history among enthusiasts and investors. Chen noted that the story has enduring educational value still utilized to reach more people with the idea of a decentralized currency.
The day is more than a quirky anecdote. “It symbolizes the early steps of Bitcoin in proving its utility and establishing its place in the world of finance,” the Bitget CEO explained.
“It reminds us of the journey from a novel idea to a revolutionary financial technology, highlighting the community spirit and innovative drive that continues to propel the cryptocurrency space forward,” Chen adds.
Real-world applications unlocked by Bitcoin extend to social pillars such as education.
People attending Bitcoin Pizza Day in Bahrain, 2023. Image credits: Binance/X No Regrets for Buying Million-Dollar Pizza
Years later, the man who squandered the equivalent of $700 million in bitcoin on two pizzas has no regrets.
Laszlo Hanyecz, who claims to have texted a few times with Satoshi Nakamoto, relishes the idea that his pizza order is now a red-lettered parable in cryptocurrency mythology.
“You know I don’t regret it. I think I like the fact that I got to be part of the early history of bitcoin in that way, and people know about the pizza and it’s an interesting story because everybody can relate to that and be like – Oh my God, you spent all that money!” Hanyecz said in a 2020 interview.
His opposite number, Sturdivant is not spared the notoriety as he used up his profit from the pizza deal for traveling.
Sturdivant estimates that the highest amount he has ever had in Bitcoin was about 40,000 BTC from mining and trading early on.
“I’ve never seen Bitcoin as an investment, and while it’s easy to look back and say ‘I could have been a millionaire,’ I think it’s more important to look at the mindset I had during the pizza transaction,” he says.
“[It was not] that of acquiring an investment, but of making use of a form of currency. If I was looking to hoard coins, I very likely wouldn’t have been in the right place at the right time.”
Cryptopolitan Reporting by Jeffrey Gogo
The Florida-based programmer, aged 28 at the time, posted a pizza order in a Bitcoin Talk Forum on May 22, 2010.
He wanted a pizza delivery “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!”
Also read: Bitcoin Surges Over $71 as Short Traders Take Losses
Pizza Set the Stage for Bitcoin Revolution
Hanyecz offered 10,000 bitcoin (BTC) to the person who would bring him the pizzas.
“I’ll pay 10,000 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,” he said.
“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…”
Jeremy Sturdivant, a California student who was 19 at the time, took up the offer and brought Hanyecz two large pizzas from Papa John’s for 10,000 Bitcoin.
The deal, which has since been mythologized as Bitcoin Pizza Day, has earned notoriety over time because 10,000 BTC, worth about $41 at the time, is now worth $700 million at existing prices.
More importantly, Pizza Day marked the first time Bitcoin, first mined by its pseudonymous founder Satoshi Nakamoto on January 3, 2009, was ever used in a commercial transaction. The transaction spawned an industry that is now valued at $2.7 trillion.
11 years ago today, a very hungry programmer, Laszlo Hanyecz, paid 10,000 bitcoin for two Papa John's pies, marking the very first bitcoin pizza transaction, ever. Considering today’s bitcoin value, that trade is worth roughly $613 million. Happy #BitcoinPizzaDay !
— Papa Johns (@PapaJohns) May 22, 2021
Exchanges Use Bitcoin Pizza Day for Educational Outreach
On May 22, 2024, the crypto community celebrates the 14th anniversary of the Bitcoin Pizza Day.
Hashtags such as #BitcoinPizzaDay and #PizzaForBitcoin are lighting up social media platforms as crypto enthusiasts and businesses throw pizza parties, contests, and educational outreaches around the world.
Crypto exchange Bitget is working NounsDAO, Unlock Protocol, Stand with Crypto, OwnTheDoge, the World Pizza Champions and others to throw a Global Pizza Party in 150 cities across the world.
Meanwhile, the largest cryptocurrency exchange, Binance, is engaging and educating people on Bitcoin Pizza Day with events concurrently held in 16 countries between May 17 and May 22.
Bitget CEO Grace Chen told Cryptopolitan that Pizza Day marked a turning point in the evolution of Bitcoin as it embodied proof of concept, publicity boost and cultural impact for the cryptocurrency.
“This seemingly simple transaction carried profound significance,” Chen said.
“Hanyecz’s pizza purchase demonstrated that Bitcoin could be used to buy real goods and services, validating the idea of decentralized digital currency.”
Concerning publicity boost and culture, she observed: “The successful transaction sparked interest and excitement both within and outside the Bitcoin community, encouraging more people to explore and experiment with Bitcoin.”
Pizza Helped Fuel Web3 Growth
Bitcoin Pizza Day has become a part of crypto culture, fostering a sense of community and shared history among enthusiasts and investors. Chen noted that the story has enduring educational value still utilized to reach more people with the idea of a decentralized currency.
The day is more than a quirky anecdote. “It symbolizes the early steps of Bitcoin in proving its utility and establishing its place in the world of finance,” the Bitget CEO explained.
“It reminds us of the journey from a novel idea to a revolutionary financial technology, highlighting the community spirit and innovative drive that continues to propel the cryptocurrency space forward,” Chen adds.
Real-world applications unlocked by Bitcoin extend to social pillars such as education.
People attending Bitcoin Pizza Day in Bahrain, 2023. Image credits: Binance/X No Regrets for Buying Million-Dollar Pizza
Years later, the man who squandered the equivalent of $700 million in bitcoin on two pizzas has no regrets.
Laszlo Hanyecz, who claims to have texted a few times with Satoshi Nakamoto, relishes the idea that his pizza order is now a red-lettered parable in cryptocurrency mythology.
“You know I don’t regret it. I think I like the fact that I got to be part of the early history of bitcoin in that way, and people know about the pizza and it’s an interesting story because everybody can relate to that and be like – Oh my God, you spent all that money!” Hanyecz said in a 2020 interview.
His opposite number, Sturdivant is not spared the notoriety as he used up his profit from the pizza deal for traveling.
Sturdivant estimates that the highest amount he has ever had in Bitcoin was about 40,000 BTC from mining and trading early on.
“I’ve never seen Bitcoin as an investment, and while it’s easy to look back and say ‘I could have been a millionaire,’ I think it’s more important to look at the mindset I had during the pizza transaction,” he says.
“[It was not] that of acquiring an investment, but of making use of a form of currency. If I was looking to hoard coins, I very likely wouldn’t have been in the right place at the right time.”
Cryptopolitan Reporting by Jeffrey Gogo
What is Bitcoin Pizza Day?
22 May honors the first time a cryptocurrency- in this case Bitcoin- was used to buy real-world objects. It happened in 2010, and the objects happened to be pizzas! The story is best told in numbers:
May 18, 2010: The day upon which Laszlo Hanyecz, a programmer based in Florida, USA, got peckish and decided to test the existing boundaries of his professional field by ordering pizzas using cryptocurrency. Although he didn’t specify where or how the pizzas were made and delivered, he indicated a preference for pizzas from renowned restaurant chain, Papa John’s.
May 22, 2010: Since Papa John’s did not accept cryptocurrencies as a valid payment method at the time, he offered 10,000 BTC on Bitcointalk.org to anyone who would buy the crypto, purchase the pizzas for the equivalent USD amount, and deliver them. This was achieved on this day.
41 USD$: The amount that then teenage student, Jeremy Sturdivant, took up the offer for, bought the pizzas, and delivered them.
Two (2): The number of Papa John’s “The Works” pizzas that were delivered to Laszlo and family on that day.
$330.6419m: What 10,000 BTC in 2010 would’ve been worth twelve years later, in May 2022.
$710,983,000: What 10,000 BTC in 2010 would’ve been worth according to today’s exchange rate, 22 May 2024.
Why does Crystal celebrate Bitcoin Pizza Day?
Crystal is a leading blockchain intelligence and crypto crime investigations company. We celebrate this day as it signifies our industry’s recent recognition and integration with the traditional economy.
It was also the first time a decentralized financial token was commercially used, paving the way for our current position.
#pizzas #pizzaday #informationuseful
$BTC
22 May honors the first time a cryptocurrency- in this case Bitcoin- was used to buy real-world objects. It happened in 2010, and the objects happened to be pizzas! The story is best told in numbers:
May 18, 2010: The day upon which Laszlo Hanyecz, a programmer based in Florida, USA, got peckish and decided to test the existing boundaries of his professional field by ordering pizzas using cryptocurrency. Although he didn’t specify where or how the pizzas were made and delivered, he indicated a preference for pizzas from renowned restaurant chain, Papa John’s.
May 22, 2010: Since Papa John’s did not accept cryptocurrencies as a valid payment method at the time, he offered 10,000 BTC on Bitcointalk.org to anyone who would buy the crypto, purchase the pizzas for the equivalent USD amount, and deliver them. This was achieved on this day.
41 USD$: The amount that then teenage student, Jeremy Sturdivant, took up the offer for, bought the pizzas, and delivered them.
Two (2): The number of Papa John’s “The Works” pizzas that were delivered to Laszlo and family on that day.
$330.6419m: What 10,000 BTC in 2010 would’ve been worth twelve years later, in May 2022.
$710,983,000: What 10,000 BTC in 2010 would’ve been worth according to today’s exchange rate, 22 May 2024.
Why does Crystal celebrate Bitcoin Pizza Day?
Crystal is a leading blockchain intelligence and crypto crime investigations company. We celebrate this day as it signifies our industry’s recent recognition and integration with the traditional economy.
It was also the first time a decentralized financial token was commercially used, paving the way for our current position.
#pizzas #pizzaday #informationuseful
$BTC
On May 22, 2010, a programmer named Laszlo Hanyecz made history by spending 10,000 Bitcoins to have two (large) Papa John's pizzas delivered to his door. This momentous transaction has since become a legendary tale in the crypto community, commemorated annually as Bitcoin Pizza Day.$BTC #pizzas #Pizzaday2024 #pizzaday
eat pizza for 10 000btc
On May 22, 2010, Laszlo Hanyecz made history by using 10,000 bitcoins to buy two pizzas from Papa John's. At the time, the 10,000 BTC was worth about $41 USD. This transaction is significant because it marked the first real-world transaction using Bitcoin, showing that it could be used as a form of currency.
Over the years, as Bitcoin's value skyrocketed, the 10,000 BTC used for the pizzas would be worth millions of dollars today. This event is now celebrated annually by the cryptocurrency community as "Bitcoin Pizza Day," highlighting both the humble beginnings of Bitcoin and its dramatic rise in value.$BTC $BNB $SOL #Binance200M #Pizza #pizzaday #BnbAth
Over the years, as Bitcoin's value skyrocketed, the 10,000 BTC used for the pizzas would be worth millions of dollars today. This event is now celebrated annually by the cryptocurrency community as "Bitcoin Pizza Day," highlighting both the humble beginnings of Bitcoin and its dramatic rise in value.$BTC $BNB $SOL #Binance200M #Pizza #pizzaday #BnbAth
#pizzaday remember this day guys!!in crypto market alot of possibilities come through for those who are patient enough the only challenge we have as humans we can never ever hold up no matter what so i just came up with an idea where you invest in any upcoming coins with as low as 100dollars and dump your account and also forget it bt remember your biNance account password and write it down somewhere you can access after 10yrs then live your broke life for 10yrs and dear brother or sister i bet you will never be Dissatisfied after 10yrs of patience all that poverty will change in an instant like a snap since you had hope but only 1:1000 can see what sense am making
secondly once invested 100 dollars its fun fact that money isn't meant to be kept bt investment so that amount may turn you into your greater version and you will sit back and ask yourself why did I ever wake up early to go commission myself to someone or why did I ever face all that humiliation for a stupid salary my point is #moneygrows as you grow older and its not meant to be kept in stupid banks where you get low interest rates per annum #letsgrow with binance because in future all touchable money won't work anymore only digital assets will count and crypto assets cause the older we evolve the less weight we have to carry as currency and its a fact look here we start at#gold or #copper then banking system comes around and we have to carry #dollars which is papers we can carry more with less weight and know the evolution hits us so had we hve to get better and therefore #crypto is born so this will be the new way of making a new world order where money is decentralised and we all become one and value will be enjoyed by the people who joined early just imagine owning btc at its first days but most of us saw it as a joke until reality struck 🥶
secondly once invested 100 dollars its fun fact that money isn't meant to be kept bt investment so that amount may turn you into your greater version and you will sit back and ask yourself why did I ever wake up early to go commission myself to someone or why did I ever face all that humiliation for a stupid salary my point is #moneygrows as you grow older and its not meant to be kept in stupid banks where you get low interest rates per annum #letsgrow with binance because in future all touchable money won't work anymore only digital assets will count and crypto assets cause the older we evolve the less weight we have to carry as currency and its a fact look here we start at#gold or #copper then banking system comes around and we have to carry #dollars which is papers we can carry more with less weight and know the evolution hits us so had we hve to get better and therefore #crypto is born so this will be the new way of making a new world order where money is decentralised and we all become one and value will be enjoyed by the people who joined early just imagine owning btc at its first days but most of us saw it as a joke until reality struck 🥶
Hope you all are doing well in your trading life if any one want learn about crypto trading signal group or premium crypto signal trading group text us on WhatsApp 03180679630#pizzaday
people #PEOPLEpump #pizzaday #btc70k #BinanceLaunchpool #pumped $people 7999 signal profict mark now exit 60 entry
Crypto AI Tokens Drop Despite Strong Nvidia Earnings Report
Nvidia's latest earnings report exceeded expectations, which might have led to an anticipated surge in crypto AI tokens.
However, that wasn't the case. Despite some initial positive price movement, crypto AI tokens like $RNDR generally experienced a decline.
... But this dip presents a prime opportunity to buy at the bottom and maximize gains in the next bull run.
#altcoins #BearishPhase #CryptoNews🚀🔥V #pizzaday #buythedip
Nvidia's latest earnings report exceeded expectations, which might have led to an anticipated surge in crypto AI tokens.
However, that wasn't the case. Despite some initial positive price movement, crypto AI tokens like $RNDR generally experienced a decline.
... But this dip presents a prime opportunity to buy at the bottom and maximize gains in the next bull run.
#altcoins #BearishPhase #CryptoNews🚀🔥V #pizzaday #buythedip
While examining the $ETH trading chart from the last hour, I noticed a significant drop within a minute, followed by it stabilizing around 3652. The price of $ETH fell sharply from 3791 to 3498 within that minute, suggesting a sudden surge in selling pressure, possibly due to a large sell order or negative news. However, the fact that the price quickly rebounded to 3.6k indicates that buyers intervened to support the price. This could mean they saw the dip as an opportunity to buy or reacted positively to market developments. Does this indicate a major sell-off? There are reports that the SEC has postponed the approval of ETFs.
#eth #EthereumEFT #ETHETFS #pizzaday
#eth #EthereumEFT #ETHETFS #pizzaday
### Future Prediction (2-4years)
In the future, Bitcoin mining and trading will be revolutionized by advanced AI and quantum computing, making it more efficient and accessible. Decentralized finance (DeFi) platforms will expand, integrating Bitcoin into mainstream financial systems. As global adoption increases and institutional investments surge, Bitcoin's price is projected to rise significantly. Experts predict it could surpass $500,000 within the next decade, driven by scarcity, demand, and innovative technological advancements. Embrace the future of Bitcoin! #pizzaday #altcoins #btcupdates2024 #btc70k $BTC $SOL
In the future, Bitcoin mining and trading will be revolutionized by advanced AI and quantum computing, making it more efficient and accessible. Decentralized finance (DeFi) platforms will expand, integrating Bitcoin into mainstream financial systems. As global adoption increases and institutional investments surge, Bitcoin's price is projected to rise significantly. Experts predict it could surpass $500,000 within the next decade, driven by scarcity, demand, and innovative technological advancements. Embrace the future of Bitcoin! #pizzaday #altcoins #btcupdates2024 #btc70k $BTC $SOL
