• Home
  • Live Crypto Price
  • Contact
No Result
View All Result
  • Home
  • Live Crypto Price
  • Contact
No Result
View All Result
No Result
View All Result
Home Cryptocurrency

How Bitcoin Pizza Day Resembles Festivus

Anthony Feliciano by Anthony Feliciano
May 22, 2022
in Cryptocurrency
0 0
0
How Bitcoin Pizza Day Resembles Festivus
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter



Bitcoin Pizza Day. The fabulous event that takes place once each year on May 22. I won’t bore you with all the details. Laszlo Hanyecz paid 10,000 BTC for two Papa John’s pizzas in what’s widely believed to be the first transaction of bitcoin for a physical good.

Let’s put some dollar value on this transaction.

  1. The two pizzas together were roughly valued at $41 at the time based on the amount of bitcoin paid.
  2. The bitcoin price hit an all-time high of $68,990. At 10,000 BTC, that’s a $689,000,000 windfall at an all-time high.
  3. That’s an astonishing $43,000,000 (approximately) per pizza slice (assuming 16 slices)!

How many of you are willing to tell your partner or family that you could have made it, but you ate a $43-million-per-slice Papa John’s pizza instead to make history. “Fuhgeddaboudit!”

Anyway, it’s a joyous time in the community to come together and celebrate the strides Bitcoin has made. The day feels like our Festivus.

  • We begin with the “airing of grievances”: How governments around the world continue to print money endlessly, blame the other side of the political aisle, debank people, all while continuing to rob their citizens of wealth preservation through inflation.
  • Next, we move on to “feats of strength”: Where everyday, the Bitcoin community comes under a barrage of FUD from “lamestreet” media, eco-terrorists, politicians, gold bugs, altcoiners, Central Bank, IMF, etc. … but the community perseveres. For every group mentioned above and their qualms about Bitcoin, there is equally devastating news released about said groups that only makes the case for Bitcoin stronger while weakening their position.
  • Finally, we have “festivus miracles”: Why we all come out to celebrate this day. We celebrate as a community of like-minded people from all backgrounds and beliefs. There is a feeling of hope with Bitcoin, not felt in a long time, by people who have taken the orange pill. People who are waking up to the government and tyrannical central bank system and taking back their financial freedom without the assistance of a bank or government to conduct everyday life.

I would suggest you look in your local areas for some events, as they are taking place nationwide. Even if you are not the most Bitcoin maximalist out there, appreciate the revolution taking place. Get inspired to be a part of it. Remember, no one single entity controls Bitcoin, but as part of the Bitcoin community, we can control our future.

Colorado:

Celebrate Bitcoin Pizza Day in Lakewood

Lake Forest, California, Area:

Bitcoin Pizza Day

This is a guest post by Anthony Feliciano. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.



Source link

Previous Post

Singapore High Court Injunction Blocks Sale or Transfer of BAYC #2162 NFT – Regulation Bitcoin News

Next Post

Crypto Firms Launch Community-Powered Scam Reporting Platform ‘Chainabuse’ – Featured Bitcoin News

Anthony Feliciano

Anthony Feliciano

Next Post
Crypto Firms Launch Community-Powered Scam Reporting Platform ‘Chainabuse’ – Featured Bitcoin News

Crypto Firms Launch Community-Powered Scam Reporting Platform 'Chainabuse' – Featured Bitcoin News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Pantera Capital CEO: Bitcoin (BTC) Could Hit $115k after Halving

Pantera Capital CEO: Bitcoin (BTC) Could Hit $115k after Halving

May 5, 2022
BOLT12, LNURL And Bitcoin Lightning

BOLT12, LNURL And Bitcoin Lightning

June 20, 2022
Jack Dorsey Muses on Social Media ‘Takeover,’ Ethereum Weaknesses; Plus the Latest in Crypto Mining — Bitcoin.com News Week in Review – The Weekly Bitcoin News

Jack Dorsey Muses on Social Media ‘Takeover,’ Ethereum Weaknesses; Plus the Latest in Crypto Mining — Bitcoin.com News Week in Review – The Weekly Bitcoin News

April 24, 2022
Nubank Rolls Out Bitcoin Buying In Brazil

Nubank Rolls Out Bitcoin Buying In Brazil

June 28, 2022
Bitcoin Is Our Weapon In The War Of Ideas

Bitcoin Is Our Weapon In The War Of Ideas

0
Allianz Chief Economic Advisor Predicts Bitcoin Going Higher Amid Inflation

Allianz Chief Economic Advisor Predicts Bitcoin Going Higher Amid Inflation

0
Insurance Considerations For Bitcoin Miners

Insurance Considerations For Bitcoin Miners

0
Becoming A Sovereign Individual With Bitcoin

Becoming A Sovereign Individual With Bitcoin

0
How-To Guide: Running an Ecash Mint

How-To Guide: Running an Ecash Mint

September 25, 2023
Bitcoin Blockchain Is Fighting Fraud In Guatemala’s Presidential Elections

Bitcoin Blockchain Is Fighting Fraud In Guatemala’s Presidential Elections

September 23, 2023
French Restaurant Seeks to Drive Bitcoin Adoption, Accepting Only BTC for High End Menu Item

French Restaurant Seeks to Drive Bitcoin Adoption, Accepting Only BTC for High End Menu Item

September 22, 2023
The Subtle Art of Orange Pilling

The Subtle Art of Orange Pilling

September 22, 2023

Recommended

How-To Guide: Running an Ecash Mint

How-To Guide: Running an Ecash Mint

September 25, 2023
Bitcoin Blockchain Is Fighting Fraud In Guatemala’s Presidential Elections

Bitcoin Blockchain Is Fighting Fraud In Guatemala’s Presidential Elections

September 23, 2023
French Restaurant Seeks to Drive Bitcoin Adoption, Accepting Only BTC for High End Menu Item

French Restaurant Seeks to Drive Bitcoin Adoption, Accepting Only BTC for High End Menu Item

September 22, 2023
The Subtle Art of Orange Pilling

The Subtle Art of Orange Pilling

September 22, 2023

About Us

We bring you the latest bitcoin news from all over the internet

Categories

  • Cryptocurrency
  • Latest
No Result
View All Result
  • Home
  • Live Crypto Price
  • Contact

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In