Bitcoin celebrates the 12th anniversary of its “Pizza Day”


1 BTC is worth 3,000 pizzas today – Several milestones are celebrated in the community of Bitcoin (BTC). That of the publication of his white paper by Satoshi Nakamoto (October 31, 2008), the launch of its blockchain network (January 3, 2009), or even more recently, the day Bitcoin became a legal tender currency (September 7, 2021 in El Salvador). The date of May 22, 2010 has become memorable for a single buying pizza.

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An order of 2 pizzas for 10,000 bitcoins

In the cryptosphere, the date of May 22 is celebrated. It marks one of the first uses of Bitcoin inasmuch as means of payment. In this case, to buy pizzas, hence the name “Bitcoin Pizza Day”.

The story began more precisely on May 18, 2010, when Laszlo HanyeczIT developer, published on the Bitcointalk forum an exchange offer never seen before: 2 pizzas for 10,000 BTC ! Bitcoins that would have a value of $300 million12 years later.

“I’ll pay 10,000 bitcoins for two or three pizzas… Like maybe 2 big ones, so I have some left over the next day. I like to have leftover pizza to snack on for later. (…)”

Laszlo Hanyecz places his pizza order, payable in Bitcoin. – Source: bitcointalk.org

It will be necessary wait 4 daysi.e. May 22, 2010, so that Jeremy Sturdivant respond to the offer, and have 2 pizzas delivered to Laszlo. These pizzas will have cost approximately 36€ to Jeremy, who was therefore paid 10,000 BTC in return.

There are happy days of celebration and celebration for Bitcoin and the cryptosphere. Some, however, are stamped well darker. The small (growing) world of cryptocurrencies is thus likely to remember the crash of the Terra project (LUNA) and its stablecoin UST happened last week. A good slice of pizza this Sunday, May 22, 2022 will therefore not be too much to start recovering from it.

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