Binance Pizza Day (or Bitcoin Pizza Day) is celebrated on May 22 every year to commemorate the first transaction where 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 digital currencies, and they celebrate it every year through pizza distribution events, competitions, and reminding people about the history and evolution of bitcoin. It is a famous historical event in the world of digital currencies and the first real purchase made using bitcoin.
The true story behind Binance Pizza Day:
Person:
Laszlo Hanyecz, an American programmer.
Event:
How was the deal made?
Laszlo posted on the BitcoinTalk forum that he would pay 10,000 bitcoins to anyone who brings him pizza (preferably two from Papa John's). One member responded and bought the pizza and paid for it in cash, then received the bitcoins from Laszlo.
The value of bitcoin is about 41 US dollars
The current value of those 10,000 bitcoins
Estimated in the hundreds of millions of dollars.
What is Binance's relation to this event?
Binance Pizza Day is an annual celebration organized by the Binance platform on May 22 to commemorate the first real purchase transaction made with bitcoin.
Why is this event important?
It marks a turning point in the use of digital currencies as a real means of exchange.
It shows how the value of bitcoin has grown over time.
It reminds early investors and users of how far this market has come.
BTC
103,133.85
-0.4%
