On this day 13 years ago, Florida-based programmer Laszlo Hanyecz became the first bitcoin holder to risk using cryptocurrency to buy a real commodity: two pizzas from Papa John’s. The crypto enthusiast paid 10,000 BTC for the purchase. At the time, BTC was “in its infancy,” so the purchase was inexpensive at $40. After 13 years, this amount is already more than $268 million.
$BTC Price on Bitcoin Pizza Day
Today: $26,774
2022: $29,492
2021: $37340
2020: $9060
2019: $7958
2018: $8355
2017: $2109
2016: $439
2015: $241
2014: $523
2013: $123
2012: $5.10
2011: $6.12
2010: $0.004— CoinGecko (@coingecko) May 22, 2023
One small transaction was a big step forward for the crypto industry. In honor of Bitcoin Pizza Day, some industry players are coming up with events and promotions. For example, the largest trading platform Binance has organized pizza contests in different parts of the world.
“Meet us in Italy to enter the competition, or look for clues to find our pizza trucks in Vietnam, Bahrain and Brazil. Want a slice of pizza from Binance? Then you are in Cambodia, Uruguay, Mexico, Argentina and Colombia! You can also celebrate Bitcoin Pizza Day with us online and win enough BTC to buy a year’s supply of pizza.”
announced exchange team.
The story of buying pizza for bitcoins has generated followers. In early 2011, German Gref, chairman of the board of Sberbank, used the first cryptocurrency, but bought not food, but a T-shirt. The Russian state banker paid 12 bitcoins for it, which at today’s exchange rate ($26,862) is more than $322,000.
In 2015, Australian light SUV manufacturer Tomcar decided to sell its car for bitcoin. The director of the Melbourne publishing house 21st Century Education and Media Group, Jamie McIntyre, bought an SUV as a gift to his father, paying 102.0424 BTC.
Source: Bits

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