A Slice of History: Celebrating Bitcoin Pizza Day

Gunnar Larson g at xny.io
Mon May 22 08:28:36 PDT 2023


Happy Bitcoin Pizza Day!

---------- Forwarded message ---------
From: Bitcoin.com Marketing <marketing at bitcoin.com>
Date: Mon, May 22, 2023, 11:22 AM
Subject: A Slice of History: Celebrating Bitcoin Pizza Day
To: <g at xny.io>


Preview: Discover the story of the 10,000 Bitcoin pizza, today worth over
$269 million
 ‌ ‌ ‌
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On this day in 2010, two Papa John’s pizzas were unknowingly swapped for a
fortune. Today, we commemorate that unique transaction as Bitcoin Pizza
Day, a pivotal moment in the history of cryptocurrencies, and a testament
to the remarkable potential of Bitcoin.



Hungry for pizza and curious to test his Bitcoins, a programmer named
Laszlo Hanyecz decided to make an unusual offer. He would pay 10,000 BTC
for two large pizzas, about $41 at the time, effectively putting a price
tag of less than half a cent on each Bitcoin. A fellow enthusiast in
England accepted the offer, ordered the pizzas for Hanyecz, and the rest,
as they say, is history.



Fast forward thirteen years, and the current value of Bitcoin stands at
$26,900. To put that into perspective, the 10,000 Bitcoins spent on those
two pizzas would now be worth a staggering $269 million!



If there’s an obvious takeaway from the Bitcoin pizza story, it’s this: the
Bitcoin you purchase today, while it may not seem like a lot, could someday
transform into a fortune. This isn’t a guarantee, of course —
cryptocurrencies are volatile and investing always comes with risk — but
it’s certainly a possibility. If the past growth of Bitcoin is any
indicator of its future, your slice of the Bitcoin pie could be worth a lot
more someday.



Yet, the power of Bitcoin extends beyond its potential for long-term gains.
>From preserving wealth across generations, to being a resilient form of
currency amid increasing global authoritarianism, Bitcoin offers a unique
value proposition. It’s more than a digital asset — it’s a tool of
financial empowerment.



In a world where getting involved in a civil protest may see you cut off
from traditional banking and payments, Bitcoin offers a universally
accessible financial system. It empowers individuals to have full control
over their wealth, independent of any government or organization.



When viewed from this perspective, Hanyecz’s pizza purchase symbolizes much
more than an expensive meal. It stands as the first real-world application
of decentralized money, marking the birth of an era where financial
sovereignty is not just a dream, but an achievable reality for anyone with
internet access.



So as we celebrate Bitcoin Pizza Day, let’s remember what it represents: a
groundbreaking moment that paved the way for massive innovation in the
decentralized finance space. But also, let’s use this day as a reminder of
the power that lies in simply holding an asset like Bitcoin for over a
decade. Who knows? The Bitcoin you buy today might be the key to a fortune
tomorrow. Or perhaps, to just a really, really expensive pizza. Either way,
here’s to many more slices of history, and to the exciting future of
Bitcoin. Happy Bitcoin Pizza Day!
*Buy Bitcoin now*
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