Bitcoin Pizza Day: The Most Instructive Holiday for All Cryptos

Bitcoin Pizza Day: The Most Instructive Holiday for All Cryptos

Bitcoin Pizza Day: The Most Instructive Holiday for All Cryptos

Today, cryptans around the world celebrate Bitcoin pizza day – the day on which American Laszlo Hanyecz bought two Papa John’s pizzas for 10,000 bitcoins. It happened exactly 13 years ago, in 2010.

Since then, the price of bitcoin has experienced sharp ups and downs many times. One thing is clear: in the long term, the price of the asset will inevitably rise, so it’s worth thinking a thousand times before spending digital gold on momentary pleasures. At the current (not the highest!) price of bitcoin, the value of those two Papa John’s pizzas exceeds $260 million.

Programmer Heinitz, who, by the way, was one of the developers of bitcoin and did a lot for the community, is not too upset by the spontaneous purchase. “Mining brought me a total of about a hundred thousand bitcoins – I spent almost half on pizza, and gave away or sold the other half for other goods. I may have made a few thousand dollars overall, but that was enough to assemble a new computer for bitcoin,” he admitted in an interview a few years ago.

On this joyful day, it is customary to admit what space money was spent on, in general, completely unnecessary things. And, of course, there is pizza.

In addition, cryptocurrency companies organize draws with valuable prizes on this day. The largest cryptocurrency exchange Binance organized for the holiday, contests where you can win merch, gifts and pizza from a popular trading platform.

The KuCoin exchange also did not stand aside and suggested to everyone who wants to try their luck and try to win 1000 USDT in honor of a significant event.

And the Huobi exchange plays out $2,000 among your Twitter followers.


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