What is Bitcoin Pizza Day?
The Bitcoin Pizza Festival is an annual event of the crypto community.
On May 22, 2010, young programmer Laszlo Hanyecz purchased 2 sticks of John’s pizza for 10,000 bitcoins.
How did this transaction happen?
On May 18, 2010, Laszlo Hanyecz posted a message on BitcoinTalk, a cryptocurrency forum: Want to buy 2 pizzas with 10,000 Bitcoins The following cryptocurrency enthusiast named Jeremy Sturdivant saw this message and expressed his willingness to conclude this transaction.
Jeremy Sturdivant
Laszlo’s Pizza Buying Post posted on BitcoinTalk is still on the forum.
Original post on BtcoinTalk:
Two days later, on May 22, 2010, Laszlo published the following message:
I successfully bought pizza with 10,000 bitcoins!
With the passage of time, the price of bitcoin continues to rise. This pizza buying post has also become a famous scene in the foreign bitcoin community. Many people leave comments below the post.
Will this be the world’s first “million dollar” pizza?
If he kept 10,000 bitcoins, he now has five million dollars!
Calm. Circulation gives Bitcoin value. If he does n’t use bitcoin to buy pizza, bitcoin is nothing.
What is the significance of the Bitcoin Pizza Festival?
Buying pizza with bitcoin is the first real interaction between bitcoin and the real world, and it also realizes the purchase function of fiat currency. As Bitcoin continues to develop, when we look back at this matter, we will gradually realize the groundbreaking significance of this matter.
What is the value of 10,000 bitcoins in 2010?
In the 2010 transaction, the price of two pizzas was $ 25, and the price of 10,000 bitcoins was $ 41. Looking at the current bitcoin price, I have to make people wonder.
According to today’s bitcoin price conversion, 10,000 bitcoins have been worth nearly 100 million US dollars.
Where did these 10,000 bitcoins go?
After receiving these 10,000 bitcoins, Jeremy didn’t take it for a long time, and sold it in a hurry at $ 400. And we checked the transaction on the block browser and found that Jeremy divided 10,000 bitcoins into 5777 BTC and 4223 BTC on two days after receiving 10,000 bitcoins.
If you are interested, you can even follow through the block browser to see who the 10,000 bitcoins are currently in.
Eggs: Great John or Domino?
Although most people think that the two pizzas bought at 10,000 bitcoin came from Stick John. But Jeremy insisted that he clearly remembered to buy Delta’s pizza. But he did not retain the shopping ticket at that time, and this matter became a headless case. But considering arriving at Merlot and accepting bitcoin payment, perhaps Jeremy was indeed buying Domino’s pizza at the time.
Post time: May-21-2020