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Cryptocurrency News Articles

Celebrate the person who ate two pizzas at the most expensive price in the world

May 21, 2025 at 09:33 am

There is a day to celebrate the person who ate two pizzas at the most expensive price in the world. It is 'Bitcoin Pizza Day' designated as May 22 every year.

Celebrate the person who ate two pizzas at the most expensive price in the world

There is a day to celebrate the person who ate two pizzas at the most expensive price in the world. It is 'Bitcoin Pizza Day' designated as May 22 every year.

According to the virtual asset exchange on the 21st, Bitcoin Pizza Day originated from American programmer Laszlo Hanets' purchase of two pizzas for 10,000 Bitcoin on May 22, 2010.

At 2 p.m. on the 21st, Upbit, the largest exchange in Korea, is trading Bitcoin at 150.77 million won.

This is because Bitcoin spot ETFs were listed on the U.S. market early last year, and U.S. President Donald Trump, who claimed to be the "Bitcoin President," was elected in the second half of the year, leading to a rise in prices. 10,000 BTC is worth 1.505 trillion won in terms of current market prices. In other words, Han Yates ate a pizza worth 750 billion won per plate.

Han Yates' pizza purchase is of great significance in the virtual asset community because it was the first time Bitcoin was used as a means of real trading since its birth.

On May 18, 2010, Hanets said, "I want to find out if I can order pizza with Bitcoin," and posted on an online community called the Bitcoin Forum that he would pay 10,000 Bitcoin, which was equivalent to the price of two pizzas at the time of $40. On the afternoon of May 22, the fourth day of posting, a netizen received 10,000 Bitcoin and ordered a pizza in dollars and delivered it to Han Yates. In August 2010, three months after Han Yates traded pizza, the price of 10,000 Bitcoin jumped to 800,000 won.

In Korea, major virtual asset exchanges such as Upbit, Bithumb, and Coinone will also hold events. Upbeat collaborated with Chef Yoon Nam-no to release "Upbeat Pizza." It is characterized by using domestic bits reminiscent of Bitcoin as toppings. The pizza will be available on a first-come, first-served basis through Naver Pay reservations at Papa John's Dunchon and Dogok stores for four days from the 22nd to the 25th. It will also be provided at the 'Upbeat Pizza Attack' site at Konkuk University on the 22nd.

Bithumb will give a Domino's Pizza mobile gift certificate if its first-time subscribers register the event code on the Bithumb app by the 31st. Among existing customers, Domino's Pizza and Cola Set gift certificates will be provided if the membership rating is raised above a certain level during the event.

Coinone will select a total of 110 people and give Papa John's pizza voucher if they certify the return on Bitcoin investment in their community by the 25th.

Meanwhile, according to the Stablecoin Project Plasma, about 1% of M2 (wide currency) in the United States has been tokenized as stablecoins. According to the U.S. Federal Reserve (FRB), the U.S. M2 currently stands at $21.7625 trillion. The supply of stablecoins is around $223.9 billion. In the case of Dalus Tablecoin, one is issued for every dollar that receives dollars. Also, issuers invest most of them in U.S. bonds. Therefore, as of the 21st, 1.03% of M2 in the U.S. is now tokenized as stablecoins.

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Other articles published on Jun 18, 2025