{"id":1487425,"date":"2022-05-22T08:47:19","date_gmt":"2022-05-22T12:47:19","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1487425"},"modified":"2022-05-22T08:47:36","modified_gmt":"2022-05-22T12:47:36","slug":"today-is-the-12-year-anniversary-of-the-first-bitcoin-transaction-10000-btc-now-300-million-for-2-pizzas","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/today-is-the-12-year-anniversary-of-the-first-bitcoin-transaction-10000-btc-now-300-million-for-2-pizzas\/","title":{"rendered":"Today Is the 12 Year Anniversary of the First Bitcoin Transaction: 10,000 BTC (Now $300 Million) for 2 Pizzas"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">38<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftoday-is-the-12-year-anniversary-of-the-first-bitcoin-transaction-10000-btc-now-300-million-for-2-pizzas%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1487425&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>What a peculiar combination: bitcoin and pizza. Nonetheless, an entire day has been designated for each of these occasions. All of this is done in recognition of the innovations that crypto has brought to the world.<\/p>\n<p>Since their creation, cryptocurrencies have dominated the global virtual currency landscape, and now everyone is mining this coin or seeking to invest in crypto.<\/p>\n<p>Investors and entrepreneurs are looking for an opportunity to trade in cryptocurrencies ever since the first crypto trade became viral.<\/p>\n<p><strong><em>Suggested Reading | <a href=\"https:\/\/bitcoinist.com\/microstrategy-ceo-sees-btc-hitting-1-million\/\">MicroStrategy Stock Rallies 10% As CEO Saylor Predicts BTC Will \u2018Go Into The Millions\u2019<\/a><\/em><\/strong><\/p>\n<h2>Pizza: First Physical Item Bought Using Bitcoin<\/h2>\n<p>Previously, cryptos were not accepted as a form of payment, but after a man from Florida paid for his meal with bitcoins, this topic was all people could talk about.<\/p>\n<p>Bitcoin Pizza Day commemorates the day in 2010 when Laszlo Hanyecz, a programmer and BTC miner from Florida, used the crypto to purchase two pizzas from Papa John\u2019s. It occurs every year on May 22. It is the first physical item purchased with the first decentralized digital currency.<\/p>\n<\/p>\n<pre>This is how the pizzas looked like at the time they were ordered in 2010 (Bitcoin Magazine).<\/pre>\n<h2>10,000 BTC Paid For The Pizza Is Worth $300 Million Today<\/h2>\n<p>Hanyecz paid 10,000 BTC for his renowned pizza purchase. This quantity was worth around $41 at the time. The value of the crypto has grown rapidly over time. Currently, 10,000 BTC are valued close to $300 million.<\/p>\n<p>Obviously, the value of these same bitcoins increased significantly during the subsequent decade. In fact, if Hanyecz had supposedly sold his whole hoard at bitcoin\u2019s all-time high of $68,990, he would have earned around $690 million \u2014 enough to purchase 46 million large Papa John\u2019s pizzas for $15 each.<\/p>\n<p>Hanyecz told Anderson Cooper in a 2019 interview with CBS that the purchase \u201cmade [bitcoin] real for certain people. Indeed, it did for me.\u201d<\/p>\n<h3>Pizza Order Hogged The Headlines<\/h3>\n<p>Because of\u00a0the price of bitcoin, Hanyecz\u2019s story\u00a0became global in the United States, with The Wall Street Journal, ABC News, Slate, and TechCrunch joining TechCrunch and Slate in popularizing the transaction.<\/p>\n<p>On the same anniversary of the first Bitcoin pizza order, festivities continue for what has become a staple of crypto culture.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-medium\" src=\"https:\/\/www.tradingview.com\/x\/njOyB28n\/\" width=\"1824\" height=\"812\" alt=\"image\" \/><\/p>\n<pre>BTC total market cap at $557 billion on the weekend chart | Source: <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" rel=\"noopener\">TradingView.com<\/a><\/pre>\n<h3>It\u2019s A Celebration!<\/h3>\n<p>PizzaDAO, the decentralized blockchain project that aims to link pizza lovers around the world with the technological possibilities of Web3, is celebrating Bitcoin Pizza Day on Sunday in traditional fashion.<\/p>\n<p>The group will conduct commemorative events at 100\u00a0pizza outlets\u00a0in more than\u00a075\u00a0nations, including Argentina, Australia, Canada, Britain, South Korea and\u00a0the United States, to name a few.<\/p>\n<p>Bitcoin Pizza Day will also\u00a0be celebrated by Huobi Global, one of the world\u2019s biggest digital asset exchanges, with a special Primebox deal.<\/p>\n<p>From May 19 through May 29, users can participate in the special occasion\u2019s Primebox promotion for a chance to win a portion of the 50 BTC prize pool and other NFT awards.<\/p>\n<h3>The Numbers Are Growing<\/h3>\n<p>Meanwhile, more than 15,000 establishments worldwide already accept cryptocurrency as payment.<\/p>\n<p>Movies, clothing, basketball tickets, airline packages, hotel bookings, and video games are among the items that can be purchased using cryptocurrency.<\/p>\n<p><strong><em>Suggested Reading | <a href=\"https:\/\/bitcoinist.com\/unicorndao-rallies-for-women\/\">UnicornDAO Rallies For Women And LGBTQ Artists; Raises $4.5 Million<\/a><\/em><\/strong><\/p>\n<pre>Featured image from Reddit, chart from <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" rel=\"noopener\">TradingView.com<\/a><\/pre>\n","protected":false},"excerpt":{"rendered":"<p>What a peculiar combination: bitcoin and pizza. Nonetheless, an entire day has been designated for each of these occasions. All of this is done in recognition of the innovations that<\/p>\n","protected":false},"author":498,"featured_media":1487441,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1487425","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1487425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/498"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1487425"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1487425\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1487441"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1487425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1487425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1487425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}