History of the origin of Cryptocurrency Pizza Day
One of the most unusual holidays in the cryptocurrency world, Pizza Day, also called Bitcoin Pizza Day, is celebrated on May 22 every year.
What is Pizza Day in cryptocurrency?
But why pizza specifically? It all started with one funny and completely random transaction that happened many years ago.
- In 2010, a man named Laszlo Heinitz decided to buy two pizzas with …. bitcoins! Yes, yes, you read that right. It was the first known purchase of real goods with cryptocurrency.
At that time he had quite a lot of bitcoins and decided to exchange 10,000 BTC for pizza. Given the exchange rate at the time, it was worth about 40 US dollars. At the time, no one had any idea how expensive those bitcoins would be years later. Now those same 10,000 bitcoins could be worth millions of dollars!
Thus, this transaction became a symbol of the beginning of the era of real purchases using cryptocurrencies. That is why every year on May 22, crypto-enthusiasts remember this momentous purchase and celebrate it as a kind of holiday.
Here is the original post by a user under the nickname laszlo (in the real world, Laszlo Hanecha), which was published on May 18, 2010 on the little-known bitcointalk.org forum.
The request was simple:
«I’ll pay 10,000 bitcoins for some pizzas… Like 2 large ones so I have some left over for the next day.»
On the same day, a user with the nickname ender_x left a comment noting that 10,000 bitcoins was a significant amount and could be sold for around $41 at the time. In addition, ender_x wished laszlo good luck in getting a “free” pizza.
Five days later, on May 22, 2010, laszlo added a comment to his post, attaching a photo of the pizza and accompanying it with the words:
«Just want to let you know that I successfully exchanged 10,000 bitcoins for pizza.»
How did the idea to celebrate Pizza Day come about?
The history of the holiday dates back to 2018, when the crypto community decided to honor the memory of that very pizza purchase. Since then, the date of May 22 has turned into a symbolic day for all fans of bitcoin and cryptocurrencies in general. The holiday has become a kind of reminder of how fast the world of technology is developing and how important it is to remember the history of the emergence of the first steps of the digital economy.
How is Pizza Day celebrated in the cryptocurrency community?
Well, how do you think they celebrate such an unusual holiday? That’s right, they order pizza! 😊 Only now they do it for bitcoins or other cryptocurrencies. There are several ways to celebrate this day:
1. Order a pizza for cryptocurrency
The most obvious way is to order a pizza and pay for it with cryptocurrency. Many restaurants and delivery services have started accepting bitcoins, etherium and other popular coins. This is a great reason to try your first digital money transaction.
2. Organize a meeting of crypto-enthusiasts
Crypto communities around the world organize meetings and parties where they discuss the latest industry news, share experiences and, of course, eat pizza. Such events help people get to know each other and find like-minded people.
3. Participate in charity
Some enthusiasts use this day to hold charity events. For example, they raise funds in cryptocurrency and buy pizza for the needy. This is another way to show that cryptocurrencies can benefit society.
4. Share memes and story on social networks
Social media is becoming a platform for sharing jokes, memes and stories related to Pizza Day. You’ll probably see a lot of posts with pictures of delicious pizza and funny comments about buying it with bitcoins.
Interesting facts about Pizza Day
Here are a few curious facts to help you better understand the significance of this day:
- First purchase: Laszlo Heinitz bought two pizzas for 10,000 bitcoins, which is now worth more than $200 million
- Popularization of cryptocurrencies: This transaction helped raise public awareness of bitcoin and other cryptocurrencies
- Tradition: Every year, thousands of people around the world celebrate the day by buying pizza with cryptocurrencies.
Cryptocurrency Pizza Day is not just a holiday for geeks and digital money lovers. It’s an opportunity to remember where the history of the modern crypto space began and to think about the future of blockchain technology. So, if you want to be part of this community, be sure to celebrate this day with us!