Every year, the crypto community celebrates ‘Bitcoin Pizza Day’ on May 22. However, this time ‘the mechanism of Bitcoin and cryptocurrency’ was recently examined by the most reputed news magazine in TV history ’60 Minutes’.
Bitcoin Pizza Day – on May 22, 2010, at the early stage of Bitcoin’s inception, a person ‘Laszlo Hanyecz’ traded 10000 Bitcoin for some pizza. From that time on, Hanyecz is known as Bitcoin pizza guy – and it was reported that the soon after trading 10000 Bitcoin for pizza, BTC worth less than a penny.
An American famous journalist ‘Andreson Cooper’ had earlier interviewed to Marco Streng, the CEO of Genesis Mining, Bitcoin’s first millionaires Charlie Shrem, Federal Reserve Governor Lael Brainard, Neha Narula – director of the MIT Media Lab’s Digital Currency Initiative.
This time, Cooper interviewed Hanyecz for 60 minutes’ news media magazine – the full interview will be released on May 19 by official ’60 minutes’. However, a glimpse of it has already reported by CBS news. Cooper interviews Hanyecz when Bitcoin was trading at the value $8000.
Counting 10000 Bitcoins to today’s worth cooper asked;
Cooper – “That’s $800 million, “You spent about $800 million on pizza?”
Hanyecz – “Well if you look at today’s exchange rate.”
Cooper – “Are there nights you wake up, where you think, ‘I could have had $800 million… if I hadn’t bought those pizzas?'”
Hanyecz – “I think thinking like that is… not really good for me,”
Since that day on, May 22nd is celebrated as Bitcoin Pizza Day by largest bitcoin community all over the world. Check out below some interactive points on #BitcoinPizzaDay
In order to report the interview of Hanyecz for 60 Minutes, the source states that Cooper visited cryptocurrency ‘mine’ in Iceland. Besides that Cooper also made his visit to Federal Reserve in Washington D.C, where Federal reserve governor Lael Brainard strongly made a skeptical view on cryptocurrency. In her view, Cryptocurrency is riskier than U. Dollar. She says;
“The Federal Reserve and ultimately the U.S. Treasury stand behind [the dollar],” says Brainard. “And when you hold your dollars in a bank account, you have deposit insurance… None of those accountability mechanisms exist for Bitcoin.”
The news of Cooper interviewing Bitcoin pizza guy comes as excitement for the crypto community – famous crypto figures including Barry Silbert, Charlie shrem has shared their views on Bitcoin to be discussed at 60 minutes media.
So readers, do you celebrate Bitcoin Pizza Day.? Let us know what do you think BTC price will be on May 22, 2019.?
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Tabassum is a full-time content writer at Coingape. Her passion lies in writing and delivering apt information to users. Currently, she does not hold any form of cryptocurrencies. Follow her on Twitter at @Tabassumnaiz and reach out to her at Tabassum[at]coingape.com