Exactly 14 years ago today, on May 22, 2010, a software developer named Laszlo Hanyecz bought two pizzas for 10,000 #BTC.
Worth about $41 at the time, he didn't know then that this transaction would become an annual celebration and a symbol of the crypto ecosystem.
Let's look back at this legendary moment!
It all started on May 18, 2010. Laszlo was a developer and a Bitcoin enthusiast.
He wanted to give BTC a real-world use and had a brilliant idea: do what millions of people do every day, order a pizza.
But it's 2010 and no pizzeria accepts BTC as a payment method.
So, he decided to post a message on the BitcoinTalk Forum:
"I'll pay 10,000 bitcoins for a couple of large pizzas..."
He offered to exchange 2 pizzas for 10,000 BTC.
Which was worth about $41.

For three days, Laszlo Hanyecz received no positive responses.
On May 21, he posted a new message:
"So nobody wants to buy me pizza? Is the bitcoin amount I'm offering too low?"

The next day, on May 22, 2010, Jeremie Sturdivant aka "Jercos," another Bitcoin enthusiast, responded to Laszlo on the forum and accepted the offer.
Jeremie had two pizzas delivered by Papa John's to a Florida resident (Laszlo).

Jeremie later admitted that he used the 10,000 BTC for expenses during a trip shortly afterward.

Laszlo received two enormous pizzas at his home.
This legendary scene was immortalized forever 📸

More than just a simple pizza purchase, this transaction was the very first purchase of goods with Bitcoin, making it a historic moment!
Today, 10,000 BTC are worth over 698 million dollars!
And that's how May 22 became Bitcoin Pizza Day 🍕
#BitcoinPizzaDay🍕
#binancepizzaday

#binancepizza #binancepizzaday #Binance

On Bitcoin Pizza Day, an unique happening took place in Hyderabad, an energetic town known for its love of both digital currency and gastronomic enjoyments. "Crypto Cravings," a renowned pizzeria, decided for creating pizza ordering a game of chance. Customers had to answer cryptocurrency-themed questions to gain access to hidden pizza flavours. For example, solving a blockchain problem might reveal a delicious "Proof of Pepperoni" pizza. The entire city involved in the puzzle-solving excitement, with friends contributing and strangers cooperating. Laughter reverberated through the streets as locals celebrated their successes, loving both the tasty pizzas and the thrill of solving cryptic passwords. Hyderabad has become the world's best-known playground for both cryptocurrency enthusiasts and pizza lovers.

#binancepizza #binancepizzaday

THE USECASE OF BITCOIN & OTHER CRYPTOCURRENCIES IN THE REAL WORLD.

Bitcoin (BTC) is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group, or entity, thus removing the need for third-party involvement in financial transactions. It is rewarded to blockchain miners for the work done to verify transactions and can be purchased on several exchanges.

Bitcoin is the first decentralized virtual currency to meet widespread popularity and success, Bitcoin has inspired a host of other cryptocurrencies in its wake.

Apart from Bitcoin there are numerous altcoins that has a usecase in the real world, meaning they can be used to purchase goods and to pay for services.

While most people may think of bitcoin as a speculative asset, it has in fact become an innovative and valued digital currency for many different use cases. Some of the more popular use cases include remittances, quick international payments, and privacy-focused transactions, for those who want to keep their costs low and avoid high banking fees Bitcoin and Cryptocurrency is the best option for you.

OTHER USECASE OF BTC ARE:

people can use Btc to save and store wealth that can then be held over long periods of time. This makes it an attractive option for those who are looking to protect their money from unpredictable economic forces. It also makes it easier for people to buy and sell Bitcoin without having to worry about the cost or time that it would take to transfer funds between currencies.

It is also a hedge against the risk of inflation. By having a portion of your wealth in Bitcoin, you are effectively protecting it from the devaluation of local currencies that may be caused by inflation.

With the use of blockchain technology, financial services that were previously inaccessible to many are being made available. This new technology has clear advantages such as increased speed, cost savings and access to previously unserviced markets, making it attractive to a wider range of users. Bitcoin is also more secure than traditional banking methods, meaning there is less risk of fraud or theft.

#binancepizza

#binancepizzaday

#bitcoinpizzaday