Celebrating Bitcoin Pizza Day Invented by Satoshi Nakamoto in late 2008, the initial days of Bitcoin before the rest of the cryptocurrencies were yet to be born, weren’t easy. There were struggles and hardly any value of the Bitcoin. Developers and coders from the Bitcoin community used to share and donate Bitcoins to keep it going. Come May 22, 2010, a man named Laszlo Hanyecz became the first person to buy something in exchange of Bitcoins. Laszlo paid 10,000 Bitcoins to buy a couple of pizzas. The 10K Bitcoin Pizza, then worth of $41 is now estimated to be $79 Mn. Since then, marking the first success of Bitcoin, cryptocurrency enthusiasts celebrate the day, as Bitcoin Pizza Day. The enthusiasts also donate and trade in Bitcoins, this day. GST On Bitcoins? While the RBI has already banned banks to deal with cryptocurrencies-related organisations, as per a Bloomberg’s report, the government is now considering to levy Goods and Services Tax (GST) on cryptocurrency trading. As per the report, a proposal of levying 18% tax on cryptocurrencies is being considered by Central Board of Indirect Taxes and Customs, will be tabled before the GST Council after it’s finalised. It is worth noting that a number of cryptocurrency firms have already approached different courts of India pertaining to the RBI’s circular on banning banks from dealing with crypto firms. Supreme Court hearing a batch of cases, has finally directed the registry to club all the related cases across the country to transfer to the Supreme Court bench. While the next hearing is on July 20, any Courts in India have been barred to hear any related case on the matter.