Today is Bitcoin Pizza Day

For the unversed, May 22, i.e., today, is marked as the anniversary of the first Bitcoin transaction. According to the New York Times, a programmer, Laszlo Hanyecz bought two Papa John’s pizzas for 10,000 Bitcoins from another person in Florida on this day in 2010. The day has become folklore, not because of the deal, but more because of the price. At its peak 10k bitcoins would be valued around $630 million (10k Bitcoins were around $41 at that time).

Hanyecz wrote that he agreed to pay 10k Bitcoins for a couple of pizzas, like maybe two large ones, so he had some leftover to nibble on the next day as well. To mark the occasion, Papa John’s has officially announced to give away 10k slices of pizza to the first 50 customers at the Jacksonville location.

The transaction was organized on the bitcointalk forum. The man in Florida and a Bitcoin user Jeremy “Jercos” Sturdivant took up the offer and reached out for help. Even the seller got himself a bargain, paying $25 for the pizzas. And history was created then and there. Though Hanyecz had to wait for 4 long days to get his pizzas.

Despite the whopping rise in Bitcoin’s value, it appears like Hanyecz is not upset about his deal. He said that it wasn’t like the world’s largest digital currency had any value back then. So the idea of exchanging them for pizzas was incredibly cool.

To celebrate the 11th anniversary of the event, today, the platform powering New York’s largest network of pizzerias, Slice along with a community of digital artists creating pizza NFTs, and PizzaDAO, announced to give away more than 2,500 free pizzas. The offer was available across all 50 states and was announced to cherish the Bitcoin Pizza Day through the Rare Pizzas NFT project.

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