If you’ve been around bitcoin for a while, you might know May 22nd is the day the community celebrates “Pizza Day”. Why? Well, back in 2010, when bitcoin had virtually zero official value in dollars, Laszlo Hanyecz posted online that he’d send 10,000 BTC to anyone who’d order him two pizzas. Someone took the offer (and the bitcoins) and sent Hanyecz two pizzas from Papa John’s.
Like every other media outlet, we’re obligated to point out that purchase is worth about $82.3 million USD at current prices. However, as one of the first ever (if not the first) uses of bitcoin to pay for real-world products, it’s today regarded as the event that kick-started bitcoin as money, and proved it had value at all.
What would’ve become of bitcoin, had that pizza order not happened? Who knows, but thank goodness it was a pizza order, because it gave the community a convenient and tasty way to celebrate every year.
Hanyecz himself repeated that initial stunt in February 2018, by ordering pizza in a similar manner, this time using a Lightning Network transaction. That order also produced pizza, though this time required the extra step of funding a Lightning channel with BTC before paying.
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https://bitsonline.com/happy-bitcoin-pizza-day-2018/If you’ve been around bitcoin for a while, you might know May 22nd is the day the community celebrates “Pizza Day”. Why? Well, back in 2010, when bitcoin had virtually zero official value in dollars, Laszlo Hanyecz posted online that he’d send 10,000 BTC to anyone who’d order him two pizzas. Someone took the offer (and the bitcoins) and sent Hanyecz two pizzas from Papa John’s.
Like every other media outlet, we’re obligated to point out that purchase is worth about $82.3 million USD at current prices. However, as one of the first ever (if not the first) uses of bitcoin to pay for real-world products, it’s today regarded as the event that kick-started bitcoin as money, and proved it had value at all.
What would’ve become of bitcoin, had that pizza order not happened? Who knows, but thank goodness it was a pizza order, because it gave the community a convenient and tasty way to celebrate every year.
Hanyecz himself repeated that initial stunt in February 2018, by ordering pizza in a similar manner, this time using a Lightning Network transaction. That order also produced pizza, though this time required the extra step of funding a Lightning channel with BTC before paying.
