In 2010, Laszlo Hanyecz, a programmer, made history by purchasing two Papa John’s pizzas for 10,000 BTC. It was worth about $41 at the time.
This event holds great significance in the world of crypto and has become a widely celebrated event among crypto enthusiasts worldwide.
The story behind Bitcoin Pizza Day
First, let’s dive into the story behind Bitcoin Pizza Day. Laszlo Hanyecz was an early adopter of Bitcoin who recognized its potential as a currency for everyday transactions.
To put this theory to the test, he decided to buy something tangible using Bitcoin. And what did he choose? Pizza! Hanyecz posted an offer on a Bitcoin Talk forum, where he promised 10,000 BTC to anyone willing to buy him a couple of pizzas.
The significance of May 22nd and why it’s celebrated #binancepizza