OKX Creates “Bitcoin Time Museum”
Brave individuals get to enjoy the world first.
On May 22, 2010, the crypto pioneer Laszlo Hanyecz purchased two pizzas with 10,000 bitcoins (BTC). This was not only the first transaction of physical goods in crypto history but also the first manifestation of bitcoin as a currency. Now, fourteen years later, the development of the cryptocurrency industry is moving towards maturity.
In order to pay tribute to early crypto pioneers like Laszlo Hanyecz and spread their brave, adventurous, and innovative spirit to every corner of the world, OKX Web3, a long-term builder of the crypto industry, has created a unique “Bitcoin Time Museum” on the streets of Taipei during the 2024 Bitcoin Pizza Day. The museum has attracted tens of thousands of visitors, who traveled through time to review the history of bitcoin’s development.
During the event, over a thousand people visited the Time Museum to take photos and join in the celebration. They also participated in fun games to win customized pizzas, beers, and merchandise provided by OKX Web3. In addition, Professor Liao Shih-wei from National Taiwan University, well-known Taipei crypto KOL San Jie Shi, computer science girl Tingting Li, and DA Studio founder Zi-jun also came to the scene to take photos.
Of course, it is worth mentioning that OKX Web3 also launched a “Pizza Day Street Challenge” on Pizza Day. On this day, they took to the streets with seemingly “ordinary” cards to surprise those who dare to try new things. The challenge aims to pay tribute to the revolutionaries in the crypto industry, like Laszlo Hanyecz, and the brave pioneers, by conveying the spirit that brave individuals get to enjoy the world first.
Further reading:
What is Bitcoin Pizza Day? Revealing the story behind the “billion-dollar” transaction, the love of fans is not without reason
From birth to reaching 70,000, how has Bitcoin come this far?
Looking back at the history of Bitcoin’s development, we can’t help but marvel at the power of creation and innovation.
In November 2008, Satoshi Nakamoto published a paper on a cryptography website, describing for the first time the electronic cash system known as Bitcoin. Then, on January 3, 2009, Nakamoto successfully mined the first block of Bitcoin, called the “Genesis Block,” on a small server in Helsinki, Finland, and received the initial mining reward of 50 bitcoins.
As time went on, Bitcoin gradually attracted more attention. On January 23, 2010, a user named Sabunir on the BitcoinTalk forum released an interesting topic: “Test for beginners – Does anyone want to buy a picture for $1?” He asked if anyone would be willing to purchase a wallpaper with a resolution of 1280×960 for 1 dollar’s worth of bitcoins and left his wallet address. Just a month later, the 50 bitcoins were sent to his address, marking the first public real-world transaction with Bitcoin.
On May 22 of the same year, another milestone event occurred for Bitcoin. The crypto pioneer Laszlo Hanyecz purchased two pizzas with 10,000 bitcoins, marking the first public purchase of physical goods with Bitcoin. This event not only demonstrated the practicality of Bitcoin in real life but also became the origin of the annual Pizza Day in the industry.
As time passed, the influence of Bitcoin continued to grow. On January 14, 2012, Bitcoin made its first appearance in the American TV series “The Good Wife,” further increasing its popularity among the public. Since then, the price of Bitcoin has continued to rise, and in March 2017, the price of one bitcoin surpassed the price of an ounce of gold for the first time. On November 28 of the same year, the Bitcoin trading price broke the $10,000 mark for the first time.
On May 12, 2020, the 630,000th block was mined, and the block reward for Bitcoin decreased from 12.5 BTC to 6.25 BTC. This was the third halving event in the history of Bitcoin. It marked the increase in mining difficulty and the reduction of rewards, but at the same time, it promoted the security and stability of the Bitcoin network.
In recent years, Bitcoin’s acceptance has been increasing globally. Especially this year, on January 10, the U.S. Securities and Exchange Commission (SEC) approved the first Bitcoin spot ETF, officially bringing Bitcoin into the mainstream financial market and signifying a structural change in the Bitcoin-centric crypto market.
As an early builder of the industry, OKX Web3 has been paying tribute to industry pioneers and dedicating itself to the development of the Bitcoin ecosystem.
Up to now, the OKX Web3 wallet has launched the Ordinals, Atomicals, and Runes markets, helping users experience the latest developments in the Bitcoin ecosystem. It also provides users with a one-stop entrance to explore the Bitcoin ecosystem. In addition, as the Bitcoin ecosystem continues to evolve, the OKX Web3 team is building around various aspects of the Bitcoin ecosystem, including wallet tools, browsers, trading markets, protocol standards, cross-chain bridges, and Bitcoin Layer 2. In the future, OKX Web3 will uphold the spirit of innovation and embark on a new journey together with the crypto industry.
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OKX established a Bitcoin Time Museum and held a street challenge on Pizza Day. How much money are you willing to spend to exchange for an unknown small card?
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