~ 3 min read
Bitcoin Pizza Day 2024
Win a Pizza Shout
To celebrate Bitcoin Pizza Day, we’re giving you the chance to win FREE Pizzas! On us.
To enter simply like one of our social media posts, and tag 3 friends
You can find our social media links here: https://linktr.ee/payitnow
Or You can download the PIN Network App or search “PIN Network” in the Google Play or App Store, create a FREE account and enter in promo code BTCPIZZA to go into the draw.
A Winner will be drawn at 9am on Wednesday 22nd May 2024 NZT (UTC+12)
View full terms and conditions
What is Bitcoin Pizza Day?
Every year on May 22nd, the crypto community comes together to celebrate a pivotal moment in the history of Bitcoin – the famous Bitcoin Pizza Day. This event commemorates the first real-world transaction using Bitcoin, where two pizzas were purchased for 10,000 BTC. It’s a day that symbolizes the journey of Bitcoin from a mere concept to a revolutionary form of currency that has transformed the way we perceive money and transactions.
It all began in 2010 when Laszlo Hanyecz, a Florida-based programmer and early Bitcoin enthusiast, posted on a Bitcoin forum expressing his desire to purchase pizza using Bitcoin. At that time, Bitcoin was still in its infancy, and its value was minuscule compared to what it is today. Hanyecz’s post garnered attention, and soon, a fellow Bitcoin enthusiast took up the offer.
Every year on May 22nd, the crypto community comes together to celebrate a pivotal moment in the history of Bitcoin – the famous Bitcoin Pizza Day. This event commemorates the first real-world transaction using Bitcoin, where two pizzas were purchased for 10,000 BTC. It’s a day that symbolizes the journey of Bitcoin from a mere concept to a revolutionary form of currency that has transformed the way we perceive money and transactions.
As the value of Bitcoin skyrocketed over the years, the 10,000 BTC spent on those two pizzas became a symbol of both extravagance and hindsight. With Bitcoin’s price reaching thousands and eventually tens of thousands of dollars per coin, those pizzas are now infamous for being the most expensive pizzas in history. However, they also serve as a reminder of the volatile nature of cryptocurrency and the unpredictable trajectory of its value.
Today, Bitcoin Pizza Day is celebrated by cryptocurrency enthusiasts worldwide. It’s a day to reflect on how far Bitcoin has come since its humble beginnings and to appreciate the pioneers who took a chance on a revolutionary idea. Many crypto communities organize events, meetups, and even pizza parties to honor this momentous occasion.
As we celebrate Bitcoin Pizza Day, it’s essential to look ahead to the future of cryptocurrency. Bitcoin and blockchain technology continue to evolve, with new innovations and applications emerging every day. While the journey may have started with two pizzas, the possibilities are endless, from decentralized finance to non-fungible tokens and beyond.
Bitcoin Pizza Day is more than just a quirky anniversary; it’s a testament to the transformative power of cryptocurrency. What started as a simple transaction for two pizzas has evolved into a global phenomenon that has reshaped the financial landscape. So, as we raise a slice in celebration, let’s remember the significance of this day and the role it plays in the ongoing saga of Bitcoin and blockchain technology.
Happy Bitcoin Pizza Day!