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“Where’s Pizza Guy?” Interested in an event that traces the roots of Bitcoin Pizza Day

Cryptocurrency

Bitcoin Pizza Day

May 22nd is an anniversary celebrated by crypto enthusiasts around the world.

It’s Bitcoin Pizza Day, which celebrates the day when Bitcoin transactions take place. This year marks the 11th anniversary.

This anniversary is celebrated as an anniversary in the crypto asset (virtual currency) industry, as it is the historic day when virtual currency exchanged for commodities for the first time.

On May 22, 2010, programmer Laszlo Hanyecz used Bitcoin, which was worthless at the time, for payment. When I asked the Bitcoin Forum for someone to exchange two pizzas for 10,000 BTC (1 BTC = $ 0.0025 market value) I had, the deal was closed.

The Bitcoin forum still has a post by Laszlo Hanyecz, who bought pizza from pizza shop Papa Jones in 2010.

Source: Bitcoin Forum

At that time, Bitcoin, which was almost worthless, had a significant increase in asset value after 11 years. The present value of BTC obtained from the price of pizza is equivalent to about 60 billion yen.

Source: bitcoinpizzaindex.net

A site that indexes the asset value of 10,000 Bitcoins is also open to the public. As an example, the price of each topping of pizza is also calculated, and the value of 1 bacon is listed as about 600 million yen.

An event celebrating Bitcoin Pizza Day

Events celebrating Bitcoin Pizza Day are held annually around the world. Last year, Rakuten Wallet and bitFlyer also held commemorative campaigns.

This year, Europe-based FinTech platform YouHodler will host an event on Bitcoin Pizza Day where you can buy Tesla cars for $ 1000 in connection with the introduction of Tesla’s Bitcoin payments.

Phemex, a major cryptocurrency derivative exchange, also announced that it will make a unique attempt for Pizza Day, which attracted attention on Twitter.

Phemex is a project “Where’s Pizza Guy?” That deposits a total of 10,000 BTC collected by users for one day in Earn Crypto, a virtual currency lending service provided, and delivers the generated interest rate to Mr. Hanetsu who introduced Bitcoin payment for the first time. Is planned. According to the event page, more than 110,000 entries have already been collected.

N https://imgs.coinpost-ext.com/uploads/2021/04/pizzaday23429834-1.png->

Author: CoinPost Editorial Department
Reference: Phex

Images used under Shutterstock license
“Cryptocurrency” means “cryptographic assets”

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