Happy Bitcoin Pizza Day!

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Happy Bitcoin Pizza Day

It has become a tradition in the crypto community to celebrate this Bitcoin Pizza Day.

On May 22, 2010, 10 years ago already, Laszlo Hanyecz bought two pizzas at Papa John’s for 10,000 BTC!

Two pizzas that would cost around 90 million dollars today!

On May 17, 2010, on the BitcoinTalk forum, a user, Laszlo Hanyecz, announced that he would send someone 10,000 Bitcoins to buy and pay for pizza with BTC at Papa John’s, a famous pizza delivery chain in the United States.

This event therefore took place on May 22, 2010 and is still celebrated today in memory of a real transaction in everyday life involving payment in BTC.

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10,000 Bitcoins in 2010 were therefore worth the equivalent of two pizzas.

Since then the Bitcoin BTC price has therefore climbed up to $20,000 at its last high.

Happy Bitcoin Pizza Day can we read everywhere on the internet and on social networks to remember this symbolic day.

Still, 10 years later, nobody buys pizza with Bitcoin …

This is somewhat the realistic observation of the crypto sector, a still insignificant adoption and a trading volume of Bitcoin which essentially concerns speculation on the Bitcoin price.

A crypto market that has rather seen the arrival of Bitcoin futures, large crypto exchanges like Binance and individuals or traders increasingly attracted to Bitcoin trading with crypto trading bots.

So, there is still a lot of work to do before paying in Bitcoin or other cryptocurrencies becomes something common, with Bitcoin wallets easily usable for the general public in particular.

There are clearly initiatives by crypto payment providers which today make it possible to pay in crypto at Burger King in certain countries for example.

Things are moving forward, but 10 years after Bitcoin Pizza Day, there is clearly still a long way to go before a majority of people pay for their pizza in Bitcoin.