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The Cryptocurrency World Celebrates Bitcoin Pizza Day Once Again

The Cryptocurrency World Celebrates Bitcoin Pizza Day Once Again

On May 22, the crypto community celebrates Bitcoin Pizza Day, the day when cryptocurrency first became a means of exchange in the real world.

In 2010, programmer Laszlo Heinitz paid 10,000 BTC for two pizzas from Papa John's, marking the beginning of the history of using Bitcoin as a means of payment.

At that time, the first cryptocurrency cost ~$40. At the time of writing, the purchase is equivalent to $1.1 billion.

The purchase showed that cryptocurrency can serve as a full-fledged medium of exchange, and not just an experimental asset.

Today, Bitcoin Pizza Day is seen as a milestone for the entire industry. Cryptocurrency enthusiasts exchange memes, hold meetups, share stories on social media, and host educational webinars.

Some communities also organize charity events and support open source projects.

Let us recall that on May 22, Bitcoin quotes reached a maximum of $111,880 in the BTC/USDT pair on the Binance exchange.

In April, a user named Apsk32 said that the first cryptocurrency would rise to $220,000 or higher by the end of the year if the correlation with gold remained.