Bitcoin Pizza Day's Sixth Anniversary! – News Bitcoin News


Bitcoin Pizza Day's Sixth Anniversary!

It’s that time of year. The anniversary of the notorious Bitcoin Pizza Day. On May 22, 2010, Laszlo Hanyecz, a developer, paid $10,000 BTC for two pizzas from the Papa John’s franchise. Every year on this date, people celebrate this historic transaction that would cost $4.4 million USD at today’s current rates for 16 slices of pizza.

Also read: Larry Tabb: ‘Blockchain Technology Has No First-Mover Advantage’

Bitcoin Pizza Day Celebrated Once Again

This year, scrolling through various social media platforms, the momentous day is being celebrated once again in 2016. Throughout Twitter, the #BitcoinPizzaDay hashtag is in full effect with people remembering the purchase and of course swathes of pizza-related memes. At the time when Laszlo Hanyecz bought the pizzas, the transaction was roughly $20 worth of bitcoins and was completed to test out whether the point of sale could be accomplished. The Florida programmer Laszlo Hanyecz told the New York Times:

“It wasn’t like Bitcoins had any value back then, so the idea of trading them for a pizza was incredibly cool.”

Bitcoin Pizza
Papa Johns Partners with Ronald McDonald House Charities

Across the world wide web, you can find deals from multiple pizza vendors online who accept BTC. For instance, you can save £5 off Pizza Express gift cards, and is holding a pizza day contest that will award the winners with bitcoin. Another cool #BitcoinPizzaDay celebration maintained by the NY Bitcoin Group is a partnership between Papa John’s pizza chain and Ronald McDonald House Charities (RMHC) from the Capital Region. Donors can purchase pizza for RMHC families using bitcoin via Bitpay.

Bitcoin Pizza

 Alongside the pizza day-fiesta, the altcoin community is trying to get in on the action. The Twitter handle MerchantIntegration tweeted out the news today about another interesting aspect of today’s Pizza-related celebration, showing the purchase of Papa John’s pizzas using Ethereum. Cryptocurrency enthusiasts everywhere typically get hyped up about the anniversary of the historic day — this year’s event seems to be just as popular. 

What are you doing on #BitcoinPizzaDay? Let us know in the comments below!

Tags in this story
Bitcoin Pizza Day, BitPay, Papa Johns

Images via Twitter and RMHC.  

Jamie Redman

Jamie Redman is the News Lead at News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for News about the disruptive protocols emerging today.

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