Over a decade ago, someone bought two boxes of pizza for 10,000 BTC, the first time that a cryptocurrency was used for a commercial transaction. The crypto world was never the same since, and the rest was history.
Laszlo Hanyecz, a programmer from Jacksonville, Florida, was the guy who purchased a couple of pizzas exactly 11 years ago for 10,000 BTC by posting about it on Bitcointalk, one of the earliest online forums centered on Bitcoin. This is what he wrote on the forum:
“I’ll pay 10,000 Bitcoins for a couple of pizzas.. like maybe 2 large ones so I have some left over for the next day. I like things like onions, peppers, sausage, mushrooms, tomatoes, pepperoni, etc.just standard stuff, no weird fish topping or anything like that. If you’re interested please let me know and we can work out a deal.”
Nobody at the time would’ve known that it was a golden deal, to say the least. The global crypto community has since celebrated 22nd of May to commemorate the historic pizza order. Looking back, Hanyecz says that he harbors no regrets over the historic purchase.
“I don’t regret it. I think that it’s great that I got to be part of the early history of Bitcoin in that way.” says Hanyecz. He was among the earliest crypto enthusiasts, and was himself an innovator: as a programmer, Hanyecz contributed to early developments in bitcoin mining, publishing software builds for improving mining efficiency using GPUs.
Fast forward to 2021, Bitcoin and crypto enthusiasts around the world are celebrating this as Bitcoin Pizza Day. There’s even a decentralized autonomous organization called PizzaDAO, a community of digital artists creating pizza NFTs, who cut a deal with Slice, a digital platform connecting pizzerias in the U.S., to give away over 1 BTC worth of free pizza.
The partnership between PizzaDAO and Slice was made through a community effort, with the aim of supporting local pizzerias that have been affected by the global pandemic. This project, called Rare Pizzas, has raised $1.25 million to date. PizzaDAO claims that has onboarded over 380 pizza shops across six continents since its inception back in February, with further expansions in sight.
“We believe that there’s not a pizza scarcity problem, there’s a pizza distribution problem,” said Sam Weinrott, a Rare Pizzas member also known as Snackman. “Anyone who just wants to celebrate pizza and cryptocurrency can join us. We’re inviting the world to join us at our pizza party.”
Slice has committed to delivering $55,000 worth of pizzas to some 2,500 participants. Anyone who downloads Slice’s mobile app can participate by using the code FREEPIZZADAY during today’s celebration (provided you’re in the U.S., of course).
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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