Why do we celebrate Bitcoin Pizza Day?

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Bitcoin Pizza Day celebrates the first real-world Bitcoin transaction, which occurred 13 years ago.

A programmer named Laszlo Hanyecz bought two pizzas for 10,000 BTC from another user on the BitcoinTalk forum on May 22, 2010.

For this year's Bitcoin Pizza Day on May 22, Binance will celebrate in style with in-person and online events around the world.

Today, when Bitcoin and cryptocurrencies have an incredible number of use cases, we celebrate Bitcoin Pizza Day to remind ourselves of the humble beginnings of cryptocurrency.

With Bitcoin Pizza Day just around the corner, get ready for Binance's biggest global celebration of BTC and pizza.



Have you ever wondered why we celebrate Bitcoin Pizza Day? Surely everyone knows the story, but it is also important to understand its meaning. Today we are going to explain to you not only how it came about, but also why. That way, when you bite into your slice of pizza on May 22, you'll be able to appreciate it a little more.

What is Bitcoin Pizza Day?
First, let's start with the facts. Bitcoin Pizza Day is celebrated annually on May 22 and marks the anniversary of the first real Bitcoin transaction. On that day in 2010, a programmer named Laszlo Hanyecz bought two pizzas for 10,000 BTC. At the time, they were only worth about $30. But today? That value has skyrocketed to about $260,000,000.

Why is Bitcoin Pizza Day important?
This transaction is considered an important moment in Bitcoin history because it demonstrated that the cryptocurrency could be used for real-world transactions and sparked widespread interest in the potential of blockchain technology. Bitcoin Pizza Day is important to the cryptocurrency community because it serves as a reminder of the early days of Bitcoin and the progress we have made since then. It highlights the evolution of technology and the growth of the community that has developed around it. It also serves as a reminder of the need to continue innovating and improving technology to make it more accessible, easier to use and widely adopted. Overall, Bitcoin Pizza Day is a celebration of cryptocurrencies and the potential of blockchain technology to transform the way we think about and interact with money.

How is Binance celebrating Bitcoin Pizza Day?
Over the years, Bitcoin Pizza Day has Ecuador Mobile Number List become something of a tradition on Binance. In 2021, Binancians collected ingredients to win a share of $52,200 in BTC. In 2022, CZ, our CEO, was making pizzas at our pop-up store in Cannes, France, where one lucky winner who bought or made a Hawaiian pizza (CZ's favorite type of pizza) won a year's supply of the classic Italian dish!


This year, our celebrations aim to be even bigger, with many exciting events taking place around the world and online. You can find more details and the full program on our Bitcoin Pizza Day 2023 event blog .

If you can't make it to our Italy pizza contest, Pakistan pizza hunt, or any of our other events, you can still be a part of the fun. Be sure to attend Binance Live at 12pm UTC on May 22 to join our special guests, including CZ, and also take part in the interactive fun.

What can you buy with Bitcoin in 2023 besides pizza?
We have come a long way since that momentous day in 2010.

The use cases for cryptocurrency and bitcoin have grown enormously, and you can spend your BTC on much more than pizza. Here are some examples.
               


Trade other cryptocurrencies on the trading platform, using Bitcoin as the base currency. Binance is a viable option as it offers a wide selection of trading pairs.

Electronics, appliances and gadgets from top retailers around the world. Travel services such as flights, hotels and car rentals from online booking platforms.

Gift cards to popular stores and services, which can then be used to make purchases.

Subscriptions and online services, such as VPN, streaming services and others.

Food and drink from restaurants that accept Bitcoin, including fast food chains and local establishments. Game credits for online platforms.

Charitable donations to various organizations that accept Bitcoin as a form of contribution. You can easily do this with Binance Charity through Binance Pay.

Please note that the availability of these options may vary depending on regional and local regulations.