Bitcoin Pizza Day is celebrated every year on May 22 to commemorate the unique experience of buying a pizza with a whopping 10,000 BTC coins. The value of the pie continues to soar.
Bitcoin Pizza Day is commemorated every year as one of the most iconic events in the global crypto space. It is worth noting that an American man once exchanged Bitcoin for two pizzas, a transaction that seems particularly bizarre today.
In recent years, the rapid rise and widespread adoption of Bitcoin has not only revolutionized the global trading landscape, but also made it a digital asset comparable to real-world assets (RWA) such as gold and silver. Bitcoin's global acceptance and recognition proves its potential and dominance.
Here’s a quick recap of Bitcoin’s storied history, from its first transaction to buy pizza to its current status as one of the world’s most popular investment options:
1. January 3, 2009: The Bitcoin white paper is released and the Bitcoin network is officially launched.
2. May 22, 2010: Bitcoin Pizza Day, a programmer used 10,000 bitcoins to buy two pizzas, marking the first time Bitcoin was used for actual transactions.
3. November 2013: The price of Bitcoin breaks through the $1,000 mark for the first time, attracting global attention.
4. December 2017: Bitcoin price reaches an all-time high of nearly $20,000, marking a major milestone in the cryptocurrency market.
5. 2021: Many well-known companies and institutions began to accept Bitcoin payments or invest in Bitcoin, and the price of Bitcoin hit new highs.
6. 2023: Bitcoin is regarded by more and more countries and companies as an important investment tool and means of storing value.
Bitcoin's storied history, from small transactions to buy pizza to a mainstream global investment option, not only demonstrates the potential of cryptocurrency, but also highlights its important position in the global economy.
Bitcoin Pizza Day
On May 22, 2010, a British man living in Florida, USA, wrote his name into the history books by purchasing two pizzas for 10,000 Bitcoins. Laszlo Hanyecz, an early Bitcoin enthusiast, used the aforementioned amount of Bitcoins to purchase two Papa John’s pizzas, which were worth about $41 at the time.
Today, the sale is attracting a lot of attention because 10,000 Bitcoins is a huge sum of money for many people today. Today, 1 Bitcoin is valued at around $69,000, making 10,000 Bitcoins worth hundreds of millions of dollars.
Today, buying two pizzas for 10,000 Bitcoins is an unimaginable thought. Moreover, Bitcoin’s continued growth over the years makes this transaction memorable every year.
Bitcoin price today
Bitcoin, the world’s first digital currency, is currently trading at $70,030.51, down 1.49% in the past 24 hours. The coin’s all-time low was $0.04865, and its value has increased by 143,791,042.87% since then. Bitcoin’s all-time high was $73,750.
It is worth noting that the rise in the value of Bitcoin is closely related to the halving event that occurs every four years.
This year is also the year of the halving, which has had a significant impact on Bitcoin’s price and token economics.
