21 May 2022

Happy Bitcoin Pizza Day

There are a handful of pivotal moments in Bitcoin's short history, and it's important to commemorate some of the more special ones—the ones that not only changed the course of Bitcoin, but the world.

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Happy Bitcoin Pizza Day

    To our dear Arkonauts,

    We'd like to wish you all a Happy Bitcoin Pizza Day!

    There are a handful of pivotal moments in Bitcoin's short history, and it's important to commemorate some of the more special ones—the ones that not only changed the course of Bitcoin, but the world.

    May 22nd, 2010 is one of those days. Twelve years ago, a man named Laszlo Hanyecz made the first real-world purchase using bitcoin, spending 10,000 BTC on two Papa John's pizzas. Commemorating a pizza purchase might seem a little ridiculous to some, but to Bitcoiners, it's one of the most monumental days in Bitcoin history.

    It was a monumental day because it was one of the first times someone used bitcoin to buy something physical, and it showed that bitcoin might someday be a viable currency. One could argue that without that fateful pizza purchase, Bitcoin may have never taken off the way it did.

    First, Satoshi published the Bitcoin Whitepaper, bringing the world's first cryptocurrency into existence in 2008. Then, the genesis block was mined. But it wasn't until Hanyecz's purchase that Bitcoin became more than an idea. It became real. People could use it to buy things.

    So today, we tip our hats to Laszlo and celebrate his pioneering spirit. We tip our hats to him to remember what Bitcoin is really about—taking a risk to push the boundaries of what's possible and changing the world for the better.

    From its humble beginnings as a pizza purchase to its current status as a world-changing technology, Bitcoin has come a long way. Bitcoin is a global phenomenon that has changed the way we think about money and will continue to change the world as we know it.

    So from all of us here at NOAH, Happy Bitcoin Pizza Day! And a big thank you to Laszlo Hanyecz for his contribution to the Bitcoin community.

    Kick back, relax, and indulge in a couple of slices of pizza (or eat a whole one yourself, we can't tell you what to do—the calories don't count today).

    — The NOAH Team.

    Please be aware that: Cryptocurrencies are unregulated in the UK; Cryptocurrencies are not protected under Financial Ombudsman Service or Financial Services Compensation Scheme (FSCS); Profits may be subject to capital gains tax; The value of investments can go down as well as up.

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