Pizza Bitcoin Day: why the crypto world celebrates this event and how to participate

Pizza Bitcoin Day: why the crypto world celebrates this event and how to participate

The world of cryptocurrencies is excited about the big event that happens every year organized by Binance. This monday may 22 the thirteenth anniversary of the Pizza Bitcoin Dayin commemoration of the historic day of 2010 in which the first registered purchase of a physical good was made, via crypto.

That May 22, laszlo hanyecz offered through the bitcointalk.org platform, 10,000 BTC whom I will give you two pizzas. A 19 year old named Jeremy Sturdivant accepted the request and sent the pizzas. Back then, the value of those BTC was equivalent to u$s41.



Today, with bitcoin around $27,000 a piece, those two pizzas would cost close to $270,000,000, a figure that reflects the enormous growth of the crypto industry in just 13 years.

“He Pizza Day historically it is related to the first transaction that was made with Bitcoin in the world. It may sound like a minor thing, but that simple exchange kick-started the cryptocurrency revolution for the financial world,” he said. Maximian Hinzdirector of Binance for South Latam.

“From Binance we want to celebrate this fact, as we do every year, honoring that transaction and, at the same time, taking advantage of it so that more and more people can learn about the benefits that the crypto world and the blockchain can offer to society”, added.

To celebrate this day, Binance will host face-to-face community meetups around the world. Lhe festivities will kick off in the birthplace of pizza, Naples, Italy, on May 21 and continue at local pizzerias and pizza food trucks in eleven countries, including Argentina, Uruguay, Peru, Brazil, Bahrain, Pakistan, Vietnam, Sri Lanka, Cambodia, Mexico and New Zealand.

Bitcoin pizza day: how to participate in the celebration

According to the CriptoNoticias portal, to celebrate Bitcoin Pizza Day, the world’s leading platforms will commemorate this historic day with pizza and beers for their community in Argentina. CoinEx, from May 1 to May 31, created CoinEx Pizza Month, a whole month to commemorate this milestone.

Date: Sunday, May 21, from 08:00 pm to 10:30 pm (Argentina time).

Place: Block House, Tucumán 133, C1049 CABA, Buenos Aires, Argentina

Bitcoin pizza day: what are the benefits of participating

Global Pizza Day Gatherings will offer fun activities with the chance to win rewards and, of course, free pizza. In Buenos Aires, on May 22, the celebrations will take place at the Crypstation Puerto Madero; In Montevideo, that same day, the Requeso pizzeria will become #binancepizza, offering free pizza and exclusive promotions.

Participants who share their Binance-themed pizzas using #BinancePizza or complete tasks to collect all pizza flavors on the Binance App will have a chance to win a year’s worth of pizza in cryptocurrency. The online celebrations will continue when Binance hosts a live virtual meeting with Binance CEO and Founder Changpeng Zhao (CZ) in attendance on May 22 at 12:00 PM UTC to discuss the meaning of Bitcoin Pizza Day with prominent creators of Binance Feed.

At present, the payment of products and services with cryptocurrencies is a growing practice throughout the world. According to a Deloitte Research study, nearly 75% of US consumer businesses plan to accept cryptocurrency payments by the end of 2023, with 87% agreeing that this will give them a competitive advantage. According to a Mastercard study carried out in 2022, 51% of Latin American consumers have already carried out an operation with crypto assets.

Source: Ambito

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