what it is and what are the best promotions

14 years ago in Florida, United States, an event generated what is today celebrated as the “Bitcoin Pizza Day”: one of the first miners of BTC He managed to have two large pizzas delivered to his home, in exchange for the first payment in history made with the cryptocurrency created by Satoshi Nakamoto.

They were little more than $40 at the price at that time, but the amount today is exorbitant: 10,000 BTC for two family pizzas. At the price of this May 22, 2024, the exact date of the 14th anniversary, they are equivalent to more than 700 million dollars.

“Bitcoin Pizza Day celebrates an exceptional gesture of faith and vision of the future, which is why it is a milestone. That today it is equivalent to more than 700 million dollars is anecdotal: there is no doubt that in the future that figure will continue to grow,” considered Sebastián Serrano, CEO and co-founder of Ripio.

“In the short term we cannot predict the behavior of bitcoin, but in the long term it has proven to be an asset that tends to rise, which has boosted investment by people and companies in this cryptocurrency, maintaining demand and increasing its price. This year, several historical records for bitcoin have been broken and, taking into account the history of recent halvings, it is likely that its value will continue to increase,” said Daniel González, Crypto specialist at Bitso.

For his part, Alejandro Estrin, Country Manager OKX in Argentina, added to the statements of his colleagues that since 2010, Bitcoin and the cryptocurrency market went from being a niche experiment to becoming a spectacular global financial phenomenon.

“It was experiencing immense growth, diversification and integration into the broader financial system. While challenges around regulation and scalability remain, the potential of cryptocurrencies and blockchain technology continues to expand every day,” he added. iProUP.

“Bitcoin Pizza Day celebrates an exceptional gesture of faith and vision of the future,” says Sebastián Serrano de Ripio

And although the behavior of the currency is volatile, in the long term it showed an upward behavior. A concrete example would be that, if during Bitcoin Pizza Day in 2023 a person had invested $1,000 in bitcoin and saved the amount for a year, for this Bitcoin Pizza Day they would have the equivalent of $2,400, that is, they registered an increase year-on-year of 140%.

Bitcoin Pizza Day: the most outstanding promotions to celebrate this day

Gravel

The company will share this celebration with its community this Friday May 24with two food trucks located in key points of the City of Buenos Aires:

Roque Sáenz Peña and Cerrito Avenue, from 11 a.m. to 2 p.m.
Faculty of Law from 3 to 6 p.m.

Those who have their Physical or virtual Ripio Card from the appthey can get a free slice of pizza just for having the card active.

This prepaid card in alliance with Visa offers multiple benefits to its users, from the agility of being able to pay with cryptocurrencies quickly and easily up to 2% cashback of the total purchase that is credited instantly in Cryptodollar (UXD), Bitcoin or Ethereumdepending on what the user chooses.

Satoshi Tango

Matías Bari, co-founder of the platform, in dialogue with iProUP He highlighted that Bitcoin Pizza Day is one of the most anticipated and celebrated days in the crypto world.

“That is why we invite our users to celebrate by ordering pizza through their favorite app. Paying with USDT, through the Visa Satoshi Tango card, users who order pizza will receive a 9% cashback in Tether Gold (XAU₮ ),” he explained.

Lemon

From the platform they stressed iProUP that have a special promotion within the framework of Pizza Day for all their users: for each purchase or exchange (swap) made of $5,000 or more in BTCwill add a chance to be one of the winners of the 5 prizes of 400USD in $BTC.

Decrypto.la

The platform invites users who are in Buenos Aires to celebrate this day by visiting the following locations to access a 50% refund on the purchase of pizzas by paying with QR Decrypto: