🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
#币圈趣事分享# When it comes to interesting stories in the crypto world, nothing beats the Bitcoin pizza incident! This is one of the most legendary events in the crypto world🔥🔥🔥
1 Event Background
In 2010, Bitcoin had just been born for a little over a year and was not yet well known to the public, circulating only within geek circles. At that time, Bitcoin did not have a clear price and was more regarded as an experimental digital asset.
On May 18, 2010, American programmer Laszlo Hanyecz posted on a Bitcoin forum, offering 10,000 Bitcoins in exchange for two pizzas, specifying his preferences (onions, sausage, mushrooms, etc.). After the post went live, there was no response until May 22, when a user named Jeremy Sturdivant helped him order the pizzas for $25, completing the transaction. At the time, 10,000 Bitcoins were worth about $25, making the average value of each Bitcoin $0.0025.
2 Subsequent Impact
A Bitcoin's initial pricing: This transaction marks the first time Bitcoin has had a real price, demonstrating its usability for real transactions and laying the foundation for Bitcoin's transition from "virtual code" to "circulating currency."
B "Bitcoin Pizza Day" was born: May 22 is known in the crypto world as "Bitcoin Pizza Day", becoming a commemorative day for the crypto community, with related celebrations held every year on this day.
C The dramatic reversal of wealth: As the price of Bitcoin soars, 10,000 Bitcoins are now worth hundreds of millions of dollars, and that year's pizza is dubbed the "most expensive pizza in history."
The party's attitude, Laszlo, stated that he does not regret this transaction, believing it to be a part of Bitcoin's early history, proving its "practicality." Meanwhile, Jeremy, who received the Bitcoin, later sold most of it for 400 dollars for travel and other purposes, and neither of them regretted missing out on wealth.
3 Event Significance
The Bitcoin Pizza Day event is not only a curiosity in the crypto world but also symbolizes a turning point for Bitcoin from a "virtual experiment" to "real-world application," reminding people that the "absurd" attempts in the early stages of technological innovation may become the starting point for future value.