Bitcoin $110,781.07Pizza day, which is considered an important turning point in the history of (BTC), was celebrated with a record this year. 15 years ago, the developer Laszlo Hanyecz received two pizza for 10,000 BTC, and the date of Bitcoin’s first commercial transaction took place. This process on May 22, 2010 was highlighted as a symbol of Bitcoin’s transformation into a real currency by getting out of a digital code.
Bitcoin at record levels
This year, the Pizza day draws attention with Bitcoin’s highest value of all time, exceeding the level of about $ 111,800. The said 10,000 BTC has a value of over $ 1.1 billion in total. The fact that Hanyecz’s payment for two pizza corresponds to a reserve that can be taken millions of pizza today is often on the agenda both in the crypto market and financial circles.
While the value of the BTC at that time was below a cult, it was not foreseen that Hanyecz did this when he did this. However, this is described as a turning point in terms of showing the practical use of Bitcoin and raising awareness in the public.
Commercial transactions and cultural effects
This date, called Pizza Day, is still culturally important in crypto money markets. Bitcoin’s ability to be used only for real goods and services is considered as an element of trust in the sector. Today, with Bitcoin, not only pizza, but also large -scale purchases such as real estate and cars have become possible.
In some countries, Bitcoin was accepted even in tax payments, albeit for a short time. These developments are shown as an important stage in Bitcoin’s global adoption. Experts, such commercial transactions and legal regulations may pave the way for the spread of crypto currency in the coming years.
Hanyecz’s Evaluation and Evolution of Crypto Money
Hanyecz, the protagonist of Bitcoin Pizza Day, has long been showing a calm attitude towards the loss of value. In a statement he made to CBS in 2019, Laszlo Hanyecz used the following statements:
“This process made Bitcoin real for me.”
Hanyecz, which produces BTC at a very low value during its first release, says it is difficult to predict that crypto money will be so valued.
Over time, Bitcoin is not only a tool that attracts the attention of technology enthusiasts and becomes an asset that reaches a value of billions of dollars. These and similar operations at the beginning of Bitcoin are seen among the cornerstones of today’s ecosystem.
At this point, the rapid increase in value of Bitcoin and the use of a wide range of new discussions with increased adoption brings up new discussions. Numerous analyzes are performed on the role of crypto currencies in financial markets, volatility and movement.
The fact that Bitcoin is accepted as a means of change in the international arena, going beyond a small commercial transaction 15 years ago, indicates that crypto assets may have an important place in the future of financial systems. In this process, the increase in the expansion and value of the usage areas of digital currencies may open the door of more innovation and regulation in the future. Following the record in May, the course of the crypto currency market may continue to be shaped with new commercial applications and technological developments.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
