# NEW

Let’s Celebrate Bitcoin Pizza Day 2024 !

PizzaDay

KEYTAKEAWAYS

  1. Historical Transaction Milestone: On May 22, 2010, Laszlo Hanyecz's purchase of two pizzas for 10,000 Bitcoins marked the first real-world use of cryptocurrency, setting a significant precedent in digital currency history.

  2. Symbolic Value Appreciation: The day highlights the dramatic rise in Bitcoin's value; what was once worth two pizzas is now valued in hundreds of millions, illustrating the volatile and potent nature of virtual currencies.

  3. Cultural and Promotional Impact: Bitcoin Pizza Day has become a cultural phenomenon within the crypto community, celebrated with events and promotions that underscore the growth and impact of cryptocurrencies in modern finance.


CONTENT

THE ORIGIN OF BITCOIN PIZZA DAY

 

The origin of Bitcoin Pizza Day dates back to May 22, 2010, when American engineer Laszlo Hanyecz made the first real-world transaction using virtual currency by paying 10,000 Bitcoins for two pizzas.

Since then, the crypto community has designated May 22 as Bitcoin Pizza Day to commemorate this landmark day for cryptos.

 

WHY DOES BITCOIN PIZZA DAY RECEIVE SO MUCH ATTENTION?

 

Bitcoin Pizza Day attracts a lot of attention each year for two main reasons:

 

  • The first real-world transaction using cryptos (Bitcoin)

As previously mentioned, Hanyecz’s act of purchasing pizzas with 10,000 Bitcoins marked the first real-world transaction with Bitcoin, establishing a milestone for this virtual asset.

 

  • The dramatic increase in the value of Bitcoin in recent years

What really captivates most people is that, at today’s Bitcoin value, Hanyecz’s transaction equates to spending nearly $618 million for two pizzas (!). This fact makes people feel both sympathetic towards Hanyecz and astonished at the astonishing rise in the price of virtual currency.

 

However, in subsequent interviews, Hanyecz expressed no regrets and maintained a positive attitude about being recorded in crypto history in such a manner.

 

Bitcoin Pizza Day Price Change

 

BITCOIN PIZZA DAY 2024 EVENTS

 

1. CoinRank’s Bitcoin Pizza Day Campaign

 

Keep an eye on the CoinRank website. We will announce our campaign details soon!

 

2. BitMEX Bitcoin Pizza Day Trading Competition

 

From May 6 to May 22, by logging into BitMEX and registering for the Bitcoin Pizza Day trading competition, participants have a chance to win prizes from a Bitcoin prize pool. Additionally, referring friends can also win free pizzas to share.

 

3. Coinbase Pizza Surprise NFT

 

Visit the designated website on May 22, Bitcoin Pizza Day, with this NFT to discover what surprises await.

 

4. CoinEX’s Pizza Day Campaign

 

CoinEX has launched a series of Bitcoin Pizza Day events where you can win rewards by sharing a slogan or a pizza-related image.

 

binance ref


DISCLAIMER

CoinRank is not a certified investment, legal, or tax advisor, nor is it a broker or dealer. All content, including opinions and analyses, is based on independent research and experiences of our team, intended for educational purposes only. It should not be considered as solicitation or recommendation for any investment decisions. We encourage you to conduct your own research prior to investing.

 

We strive for accuracy in our content, but occasional errors may occur. Importantly, our information should not be seen as licensed financial advice or a substitute for consultation with certified professionals. CoinRank does not endorse specific financial products or strategies.


WRITER’S INTRO

CoinRank

CoinRank Exclusive brings together primary sources from various fields to provide readers with the most timely and in-depth analysis and coverage. Whether it’s blockchain, cryptocurrency, finance, or technology industries, readers can access the most exclusive and comprehensive knowledge.


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