Bitcoin Pizza Day is held every year on May 22nd.
This holiday originated from a programmer's seemingly stupid, but actually great move.
When Bitcoin was born, there was neither a method of circulation nor a real price. The Bitcoins mined by geeks using computers could only be stored in their own Bitcoin client wallets.
On May 18, 2010, a programmer named Laszlo Hanyecz from Florida, USA, posted a post on the bitcointalk forum, expressing his wish to exchange 10,000 Bitcoins for two pizzas.
On May 22, a young man named Jercos exchanged two Papa John’s pizza coupons for 10,000 Bitcoins.
The first transaction in Bitcoin history was born!
As Bitcoin gradually enters the public eye and gains more people's consensus, the price of Bitcoin also rises. If calculated based on Bitcoin's historical high price of 69,000 US dollars, the market value of these two pizzas is approximately 48,300,000,00RMB=4.83 billion CNY
Therefore, these two pizzas are jokingly called the "most expensive pizzas in history."
May 22nd is therefore also designated as “Bitcoin Pizza Day”. Bitcoin enthusiasts around the world will hold celebrations on this day.
And the programmer Laszlo Hanyecz, who spent a sky-high price to buy pizza, was also recorded in the history of Bitcoin because he successfully opened the currency function of Bitcoin.
Laszlo Hanyecz is no ordinary person. He is actually the first person in the Bitcoin world to use GPU mining.
Previously, miners mostly used CPUs for mining. And he discovered a faster GPU mining method.
According to his own disclosure, his daily income at that time was as high as several thousand Bitcoins.
So far, he has sold more than 80,000 Bitcoins.
On February 25, 2018, Laszlo Hanyecz once again bought two pizzas with Bitcoin. This time he only spent 0.00649 Bitcoin, which is about $62.
Laszlo Hanyecz bought pizza this time to test the feasibility of the Lightning Network, a Bitcoin transaction method with faster processing speed and lower transmission cost.
After the experiment was successful, he also attached a photo of sharing pizza with his family in the post. One of his two children was wearing an I Love Pizza T-shirt and the other was wearing an I Love Bitcoin T-shirt.
Someone once interviewed Laszlo Hanyecz and asked him if he regretted selling so many Bitcoins. He responded calmly: I don’t regret it. It was a good thing to be involved in Bitcoin in the early days. Now, people know that I use Bitcoin to buy pizza. But at the time, I didn’t think Bitcoin would be as popular as it is now. I just thought it would be cool to buy pizza with Bitcoin. "
It is worth mentioning that Jercos, who exchanged two pizzas for 10,000 Bitcoins, once said that he sold the 10,000 Bitcoins a year later for about $400. Although this allowed him to gain 10 times the profit at the time, compared with the current price of Bitcoin, this profit is still not worth mentioning.
As the number of crypto enthusiasts increases, the annual Bitcoin Pizza Festival is increasingly celebrated around the world. It is unknown whether it will be as popular as some traditional festivals in the future.
The future influence of Bitcoin will only grow bigger and stronger with more and more supporters! There must be a place for Bitcoin in this era!
