Last updated on January 2nd, 2018 at 12:00 am
Laszlo Hanyecz posted on bitcoin talk on May 17th, 2010 asking if someone could buy him a pizza using bitcoins. In the thread he states he would pay 10,000 bitcoins for two large pizzas.
Sturdivant, a resident of California has often been cited as living the in UK was 18 years old at the time and completed the entire deal over IRC. The bitcoins used in the transaction equated to approximately $40 USD at the time and currently valued at approximately $2,324,000.00 at today’s exchange rates would go down in bitcoin history as the first documented trade for a physical good with bitcoin.
“It’s been five years since that historic transaction took place, and now it has come full circle with Papa John’s becoming the 14th business in the Capital Region to accept bitcoin,” said Chris Dosch, a member of the NY Bitcoin Group. “The fact that someone halfway around the world can have pizza delivered to a children’s hospital without having to enter credit card info, or get hit with international fees is a great demonstration of this technology and a perfect way to celebrate Bitcoin Pizza Day.”
As charities have begun accepting bitcoins to reach a savvy and young demographic, some are thinking of more nontraditional methods of accepting donations and are working with various cryptocurrency groups and companies to bring those ideas to life.
The NY Bitcoin Group, BitPay, and a local Papa John’s store in New York are working together to try one of these more nontraditional methods of accepting donations in celebration of the Bitcoin Pizza Day.
“While bitcoin may originally have been used to buy pizza, it’s now being used to help in Nepal’s disaster relief and to fight childhood illnesses. We are grateful for the opportunity to enable so many wonderful charities to accept bitcoin donations for their admirable work. At this point, bitcoin is much more than a nerd’s currency; it’s changed thousands of lives for the better and is set to change many more in the future,” stated Julia Patterson, communications manager at BitPay.
To celebrate Bitcoin Pizza Day the New Scotland Ave, Albany Papa John’s location is going to be delivering pizza slices to children at the Bernard & Millie Duker Children’s Hospital.
The Bernard & Millie Duker Children’s Hospital at Albany Medical Center is a 125-bed facility devoted exclusively to the medical needs of infants, children and adolescents, and is the referral center for all seriously ill and injured children from 25 counties in upstate New York and western New England. It is staffed by 140 physicians trained in 40 subspecialties and more than 400 pediatric nurses, therapists, social workers and child-life specialists.
Individuals can purchase a slice of pizza that will be delivered to the Children’s Hospital via BitPay: https://bitpay.com/cart/add?itemId=RPKx5DpoBBxyV3f9gUKiMN
Each slide costs $1.50. Slices purchased through the link above will be delivered on Friday May 22nd to The Bernard & Millie Duker Children’s Hospital at Albany Medical Center. If more pizza than required to feed 60 children and their families is purchased it will be delivered in regular intervals as requested by the hospital.
Coin Fire will be contributing to the Pizza Day Celebration via purchasing slices.