Bitcoin Pizza Day is celebrated every year on May 22nd to commemorate the first known real-world transaction using Bitcoin.
Here's what happened: On May 22, 2010, a programmer named Laszlo Hanyecz paid 10,000 Bitcoins for two Papa John’s pizzas. At the time, 10,000 BTC was worth around $41 USD. He posted on a Bitcoin forum offering the coins to anyone who would order and deliver pizza to him. A British man accepted the offer and had the pizzas delivered to Laszlo in Florida. Why it's significant: It marked the first tangible use of Bitcoin as a currency for a real-world purchase. It demonstrated Bitcoin's potential as a medium of exchange, rather than just a theoretical digital asset. At today’s prices (as of 2025), those 10,000 BTC would be worth hundreds of millions of dollars — making it perhaps the most expensive pizza in history. Bitcoin Pizza Day is now a symbolic milestone in crypto history, celebrated by crypto enthusiasts to reflect on how far Bitcoin has come.$BTC
On May 22, 2010, a programmer named Laszlo Hanyecz paid 10,000 BTC for two pizzas. At today’s prices, that’s over $1 billion—making it the most expensive pizza in history! Why it matters: 1️⃣ Bitcoin Pizza Day marks the first real-world transaction using Bitcoin. 2️⃣ It proved BTC could function as money—even if it was for pizza. 3️⃣ It’s a reminder of how far crypto adoption has come since 2010. 💡 Did you know? Bitcoin was worth less than $0.01 when Laszlo made that order. Learn more about Bitcoin and its early history here.
🍕 Learn & Discuss: Win $BTC on Bitcoin Pizza Day 🍕 We’re inviting crypto educators and enthusiasts to share their insights in our Learn & Discuss challenge!
How to Participate: Create an Article on Binance Square about one of these trending Bitcoin Pizza Day angles:What Bitcoin Pizza Day tells us about early adoption and risk-takingHow crypto could reshape everyday spending in the next 10 yearsIf you had 10,000 BTC today—would you ever spend it?What it will take to make Bitcoin a real medium of exchange, not just a store of valueUse the hashtag #LearnAndDiscuss to qualify.The articles with the highest engagement (likes, comments, and shares) will be reviewed by Binance Academy to select the 10 best ones for reposting! Rewards & Recognition: The Top 10 high-quality articles (from the most engaged ones) will: Be reposted on Binance Academy’s official Binance Square account for exposureShare a 0.01 $BTC reward pool (0.001 $BTC each). Campaign Duration: Activity Period: 2025-05-22 09:00 (UTC) to 2025-05-25 23:59 (UTC) How We Select Winners: We will auto-sort posts with #LearnAndDiscuss created within the activity period by engagement (likes, comments, shares).The Binance Academy team will review the top-performing posts to ensure content quality.Winners will be announced on 2025-05-30 09:00 (UTC) on Binance Academy’s official Binance Square account. Pro Tip: High engagement helps, but quality matters too! Share original insights, make your post educational, and encourage meaningful discussions in the comments. Terms and Conditions By entering or participating, each entrant or participant (“Entrant”) agrees to these terms and conditions (“Terms and Conditions”) and the decisions of Binance, which are final and binding in all respects.Products, and services and offerings referred to here may not be available in your region.10 winners will be selected by the Binance Academy team at their sole discretion, based on a user’s response.Winners will be announced in a Binance Academy post on Binance Square on 2025-05-30 09:00 (UTC). In this regard, you consent to and agree that Binance Academy may make a public announcement, announcing the winners on either the Binance website, through the Binance app, or in any manner (including, without limitation, social media (e.g. X)), which Binance Academy deems appropriate. BTC rewards will be distributed within 21 working days after the Winners are announced. Users may check their rewards on Rewards Hub. The validity period for the token voucher is set at 14 days from the day of distribution. Learn how to redeem a voucher.The actual value of the reward received is subject to change due to market fluctuation.Binance Academy reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms without prior notice, including but not limited to canceling, extending, terminating or suspending this campaign, its eligibility terms and criteria, the selection and number of winners (as well as judging criteria), and the timing of any act to be done, and all Entrants shall be bound by these amendments. For clarity, Binance Academy’s decisions with respect to all aspects of this campaign are final and non-appealable.Binance Academy reserves the right to disqualify any participants immediately for any improper behavior.Additional terms and conditions that apply to this campaign are accessible here. Disclaimer: This content is presented to you on an “as is” basis for general information and educational purposes only, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Where the article is contributed by a third party contributor, please note that those views expressed belong to the third party contributor, and do not necessarily reflect those of Binance Academy. Please read our full disclaimer here for further details. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance Academy is not liable for any losses you may incur. This material should not be construed as financial, legal or other professional advice. For more information, see our Terms of Use and Risk Warning.
Understanding Bitcoin: The Digital Gold of the 21st Century
Bitcoin (BTC) is a decentralized digital currency that was invented in 2008 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto. It was released as open-source software in 2009, and since then, it has grown into the most recognized and valuable cryptocurrency in the world. Understanding Bitcoin: The Digital Gold of the 21st Century Bitcoin (BTC) is a decentralized digital currency that was invented in 2008 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto. It was released as open-source software in 2009, and since then, it has grown into the most recognized and valuable cryptocurrency in the world. Unlike traditional currencies issued by governments (also called fiat currencies) , Bitcoin operates on a peer-to-peer network without a central authority. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called the blockchain.One of Bitcoin’s most revolutionary features is its limited supply. There will only ever be 21 million BTC, which makes it resistant to inflation — similar to gold, hence it is often referred to as "digital gold." Investment: Many see it as a store of value or "digital asset."
Transactions: It allows for fast, low-fee international transfers.
Hedge against inflation: Especially in countries with unstable currencies.However, it is not without risks. Bitcoin’s price is highly volatile, it is sometimes used for illicit activities due to its anonymity, and it faces regulatory scrutiny in many countries.
Still, Bitcoin represents a major innovation in finance and technology, sparking a global movement toward decentralized digital assets.
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