#BinancePizza
The Binance Pizza Day (or Bitcoin Pizza Day) is celebrated on May 22nd each year to commemorate the first transaction in which Bitcoin was used to purchase a physical item, which was 2 Bitcoins for a pizza!
Binance celebrates this day as Binance Pizza Day as a form of promotion and education about cryptocurrencies and holds events every year that include pizza distribution, competitions, and reminders of Bitcoin's history and evolution. It is a famous historical event in the world of digital currencies and is the first real purchase made using Bitcoin.
The true story behind Binance Pizza Day:
Person:
Laszlo Hanyecz, an American programmer.
The event:
How did the deal happen?
Laszlo posted on the BitcoinTalk forum that he would pay 10,000 Bitcoins to anyone who brought him pizza (preferably two from Papa John's). One of the members responded and bought the pizza, paying for it in cash, and then received the Bitcoin from Laszlo.
The value of Bitcoin was about 41 US dollars.
The current value of those 10,000 Bitcoins
is estimated to be worth hundreds of millions of dollars.
What is Binance's connection to this event?
Binance Pizza Day is an annual celebration organized by the Binance platform on May 22nd to commemorate the first real purchase transaction made with Bitcoin.
Why is this event important?
It marks a turning point in the use of cryptocurrencies as a real medium of exchange.
It demonstrates the growth of Bitcoin's value over time.
It reminds early investors and users of how much this market has evolved.