African Crypto Enthusiasts Celebrate in Style

[ad_1]

On May 22, 2010, Laszlo Hanyecz made the first documented purchase of property with Bitcoin. The exchange involved 10,000 BTC, worth $41 at the time, and two pizzas from a local restaurant in Florida. The rest, they say, is history.

More than a dozen years after this milestone, this iconic transaction, Bitcoin Pizza, has become an annual celebration and event for members of the crypto community to reminisce about how far the industry has come.

Last Monday, Crypto Bootcamp Community, a leading crypto community in Africa, hosted a Bitcoin Pizza Day Hangout in 40 cities across 12 countries. A Technext reporter was at the Lagos State meeting place in Lekki to mark the milestone and take a bite of the tasty “Bitcoin pizza”.

Obinna Iwuno giving the welcome speech at Lekki, Lagos Bitcoin Pizza Hangout

The event brought together notable figures from the African blockchain space like Obinna Iwuno, Founder of Crypto Bootcamp Community and Stakeholder Chair of the Blockchain Association of Nigeria (SiBAN), Morris Eberioma, Co-Founder of African Crypto Exchange Quidax , Tola Fadugbagbe, a prominent crypto evangelist and founder of Crypto Masterclass, Senator Ihenyen, technology lawyer/former president of SiBAN, Etienne Okeke, CEO of BitBarter and so many others.

Read also:

Obinna Iwuno, newly elected president of SiBAN, explains what will be different in his administration

Meaning of Bitcoin Pizza Day

As bitcoin enthusiasts took bites out of their favorite slices of pizza, event panelists seized the moment to appreciate the disruptive power of cryptocurrencies and the role they continue to play in empowering people. individuals, how it allows them to take control of their finances and transact seamlessly. across borders.

Obinna Iwuno, in a chat with Technext reporter, said after listening to conversations around the Bitcoin Pizza transaction, he found that people’s minds are obsessed with the amount of Bitcoin and how much it would cost today, forgetting the significance of the transaction because bitcoin was worthless before that time.

For him (Laszlo Hanyec) to have been able to convince another human being to accept worthless digital currency as a means of payment is significant. So I thought this day was more than just posting Happy Bitcoin Pizza Day, but should be a day to tell the bitcoin story and drive adoption. -Obinna Iwuno, President of SiBAN.

Tola Fadugbagbe also echoed those sentiments. He said May 22 is an important day that remembers what provided liquidity to Bitcoin.

Anything can be an asset, but they’re not liquid until you can exchange them for value.

Crypto Enthusiasts in Dar es Salaam, Tanzania Celebrate Bitcoin Pizza Day

Omotola Dorcas, a web3 expert, said the decade-long adoption of bitcoin and crypto since the first transaction has been impressive, especially in terms of the opportunities it has given everyone.

One thing everyone wants is freedom, and that’s what I think cryptocurrency has given people. This is leverage ground for everyone. Now we see the Nigerian government working to mainstream technology

For Ukeme Okuku, the CEO of Gamic HQ, Bitcoin is not just an amazing technology for Africans:

It’s something we really need. This solves the problem for us. It is a utility product.

Lately

Since the Bitcoin pizza transaction over 14 years ago, the flagship digital asset has reached unprecedented milestones. And the celebration of Bitcoin Pizza Day is a symbolic reminder of Bitcoin’s development from humble beginnings to the global phenomenon it is today.

Additionally, Bitcoin Pizza Day embodies the community spirit of the cryptocurrency community. Hangouts like these, hosted by Crypto Bootcamp Community, highlight the innovative and socially responsible nature of the crypto industry.

Events like Bitcoin Pizza Day bring together people who are passionate about decentralized technologies, innovation, and digital currencies. Finally, he reminds that community efforts and shared values ​​are the basis of the success of the developing crypto ecosystem.

[ad_2]