On the momentous occasion of Bitcoin Pizza Day, Mudrex, a global crypto investing platform, orchestrated a grand celebration that transcended mere indulgence in culinary delights. Spearheaded by Edul Patel, CEO & Co-founder of Mudrex, the initiative aimed to commemorate the historic Bitcoin transaction of 2010 while fostering awareness and community engagement around cryptocurrency in Bengaluru.
Partnering with over 30 WeWorks and collaborating with Zomato, Mudrex embarked on a mission to distribute pizzas to nearly 2,000 children from 25+ orphanages and shelter homes, alongside connecting with 500+ startups across the city.
In an exclusive interview with ETMarkets, Edul Patel shares insights into the inspiration behind Mudrex's impactful event, its broader vision for cryptocurrency education, and ambitious plans for future outreach. Additionally, the conversation delves into the current trends shaping the crypto industry, including SEBI's regulatory stance and its implications for Indian investors.
Could you share the inspiration behind Mudrex's grand celebration for Bitcoin Pizza Day?
Edul Patel: On May 22nd, 2010, Laszlo Hanyecz, a programmer and early Bitcoin enthusiast made history by paying 10,000 Bitcoins for two Papa John’s pizzas.
Today, when we look at the worth of 10,000 Bitcoins, they are worth hundreds of millions of dollars, making it the most expensive pizza purchase ever. However, that one transaction has marked a significant milestone showing Bitcoin as a store of value.
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