• Bitcoin Pizza Day
    Bitcoin,  Commentary

    Bitcoin Pizza Day: 10 years on, $91M pies

    A booming bitcoin and the adoption of blockchain technology by multinational corporations, leading financial institutions, and even governments shows how far Satoshi Nakamoto’s dream has come

    It’s Friday, May 22, 2020, and two pizza pies cost $45.90 at Stromboli's, across from my apartment in New York City. But 10 years ago, in Florida, two pies from Papa John’s cost Laszlo Hanyecz about $41—or 10,000 bitcoins, which is how he paid. And how Bitcoin Pizza Day was born.

  • crypto’s use as currency is growing
    Bitcoin

    Crypto community celebrates bitcoin pizza day

    We honestly don’t know what this whole blockchain industry would look like if this first transaction hadn’t been such a ringing success

    Wednesday, May 22 is Bitcoin Pizza Day. That’s because on May 22, 2010, two pizza pies were bought by a person named Laszlo Hanyecz through a bitcoin forum. While the pies themselves were mundane, the transaction was revolutionary—they were bought with 10,000 bitcoins, worth roughly $41 at the time. Since then it has become blockchain’s pretty much only holiday.

  • crypto’s use as currency is growing
    Bitcoin

    Crypto community celebrates Bitcoin Pizza Day

    Meme turns into blockchain’s only real holiday, and crypto Twitter is here for it

    On May 22, 2010, two pizza pies were bought by a person named Laszlo Hanyecz through a bitcoin forum. While the pies themselves were mundane, the transaction was revolutionary—they were bought with 10,000 bitcoins, worth roughly $41 at the time. Now that one purchase gages the health of the entire $258 billion cryptocurrency market. Even the some of the biggest cryptocurrency nuts probably couldn’t tell you if the bitcoin whitepaper came out in 2008 or 2009 (it was January 3, 2009). But while even fewer can tell you the day that Ethereum launched (July 30, 2015),many in blockchain can list May 22 as blockchain’s pretty much only holiday. Bitcoin Pizza…

  • crypto’s use as currency is growing
    Bitcoin,  Innovators

    Florida man blows 10,000 bitcoin on pizza, Twitter bot keeps reminding us 8 years later

    Keeping tabs on how much the famous ‘Bitcoin Pizza’ really costs  

    On May 22, 2010, two pizza pies were bought by a person named Laszlo Hanyecz. While the pies themselves were  mundane, the transaction was revolutionary—they were bought with 10,000 bitcoins, worth roughly $41 at the time. Now that one purchase gages the health of the entire $258 billion cryptocurrency market. Of course, that wasn’t always the case. So when Dutch programmer Merijn Bellekom quietly launched the Twitter bot @bitcoin_pizza in 2015, he didn’t know it would blossom into a $100 million meme. Every day at 7:14pm ET, Bellekom’s bot publishes the value of 10,000 bitcoins—what Hanyecz paid for those two pizza pies in 2010—to Twitter using current prices. “The bot was…