Bitcoin Pizza Day: From $25 Pizzas to a $1.38 Trillion Market Cap
May 22, 2024On May 22, 2010, Laszlo Hanyecz purchased two Papa John's pizzas for 10,000 Bitcoins, marking the first real-world transaction with the digital currency.
This transaction, now valued at nearly $700 million, highlights the rapid evolution of the cryptocurrency industry.
Bitcoin's price has skyrocketed from less than a cent to around $70,000 per BTC today, representing a 17,400% increase in value over the last decade.
Gabor Gurbacs underscores Bitcoin's market cap exceeding $1.38 trillion, emphasizing its survival and thriving nature.
Bitcoin Pizza Day is celebrated annually to commemorate this historic transaction, showcasing the transformative journey of cryptocurrency.
Cryptocurrencies are now widely accepted by businesses worldwide, reflecting the industry's expansion and adoption.
Summary based on 7 sources
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Sources
CoinDesk • May 22, 2024
Happy Bitcoin Pizza DayInvesting.com • May 22, 2024
Bitcoin's 17,400% Growth Spotlighted on BTC Pizza Day CelebrationNewser LLC • May 22, 2024
It's Bitcoin Pizza Day