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BITCOIN SEASON 2: The REAL Bitcoin Pizza Day Story
Manage episode 484583989 series 2401578
Content provided by CoinDesk. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CoinDesk or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
The real Bitcoin Pizza Day story: Laszlo spent nearly 80,000 Bitcoin on pizza in 2010, not just 10,000. Plus how his GPU mining discovery changed Bitcoin forever and why Satoshi wasn't happy about it.
You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 12,000 Bitcoiners: https://newsletter.blockspacemedia.com
Charlie and Colin reveal the shocking truth about Bitcoin Pizza Day that mainstream media got wrong. Laszlo didn't just spend 10,000 Bitcoin on pizza - he spent nearly 80,000 Bitcoin throughout 2010! We dive deep into how his GPU mining discovery revolutionized Bitcoin, why Satoshi sent him a concerned email, and how this "penance" may have actually saved Bitcoin's decentralization in its early days.
**Notes:**
• Laszlo spent ~80,000 Bitcoin total on pizza in 2010
• GPU mining was 10x more powerful than CPU mining
• Bitcoin hash rate increased 130,000% by end of 2010
• Laszlo had 1-1.5% of entire Bitcoin supply 2009-2010
• His wallet peaked at 43,854 Bitcoin
• Total wallet flows were 81,432 Bitcoin
Timestamps:
00:00 Start
00:28 Lies, damn lies.. and pizza
02:21 What actually happened
05:46 It's actually WAY MORE than you think
11:15 Arch Network
11:47 Laslo "saved" Bitcoin
19:12 Pizza or penance?
-
👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more.
-
👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!
Enjoy the show? Check out our website and newsletter by clicking here.
Questions or want to sponsor? [email protected]
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
3413 episodes
Share
Manage episode 484583989 series 2401578
Content provided by CoinDesk. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by CoinDesk or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
The real Bitcoin Pizza Day story: Laszlo spent nearly 80,000 Bitcoin on pizza in 2010, not just 10,000. Plus how his GPU mining discovery changed Bitcoin forever and why Satoshi wasn't happy about it.
You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 12,000 Bitcoiners: https://newsletter.blockspacemedia.com
Charlie and Colin reveal the shocking truth about Bitcoin Pizza Day that mainstream media got wrong. Laszlo didn't just spend 10,000 Bitcoin on pizza - he spent nearly 80,000 Bitcoin throughout 2010! We dive deep into how his GPU mining discovery revolutionized Bitcoin, why Satoshi sent him a concerned email, and how this "penance" may have actually saved Bitcoin's decentralization in its early days.
**Notes:**
• Laszlo spent ~80,000 Bitcoin total on pizza in 2010
• GPU mining was 10x more powerful than CPU mining
• Bitcoin hash rate increased 130,000% by end of 2010
• Laszlo had 1-1.5% of entire Bitcoin supply 2009-2010
• His wallet peaked at 43,854 Bitcoin
• Total wallet flows were 81,432 Bitcoin
Timestamps:
00:00 Start
00:28 Lies, damn lies.. and pizza
02:21 What actually happened
05:46 It's actually WAY MORE than you think
11:15 Arch Network
11:47 Laslo "saved" Bitcoin
19:12 Pizza or penance?
-
👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more.
-
👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!
Enjoy the show? Check out our website and newsletter by clicking here.
Questions or want to sponsor? [email protected]
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
3413 episodes
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Similar to CoinDesk Podcast Network
A daily dose of irreverent, offbeat, and informative takes on business & tech news. Hosted by Jon Weigell, Juliet Bennett Rylah, Mark Dent, Ben Berkley, Sara Friedman, Matthew Brown, and Rob Litterst from The Hustle.
…
continue reading
The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment. Listen to Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern for the top interviews from Bloomberg Surveillance Television. And join Tom Keene and Paul Sweeney for the best conversations from Bloomberg Surveillance Radio. Watch Surveillance TV LIVE each mornings: http://bit.ly/3P7nstQ. Watch Surveillance Radio LIVE weekday mornings: http://bit.ly/3vTiACF.
…
continue reading
The latest Business and finance news from around the world on the BBC.
…
continue reading
Wake-up with America's first news - Host Gordon Deal goes beyond the headlines with the day's first look at news and business news from the U.S. and around the world; bringing a lively blend of intelligent information, humor, and expert analysis to morning radio.
…
continue reading
The Situation Room with Wolf Blitzer and Pamela Brown: The command center for breaking news, politics and extraordinary reports from around the world. The Situation Room airs weekdays 10am-12pm Eastern, Monday through Friday on CNN.
…
continue reading
The Slate Daily feed includes new episodes from more than 30 shows in the Slate Podcast Network. You'll get thought provoking analysis, storytelling, and commentary on everything from news and politics to arts, culture, technology, and entertainment. Discover new shows you never knew you were missing.
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Wrap your day with the world’s biggest stories. We set the bar on the daily news catch-up, going deeper on news stories that speak to the moment. An evening news podcast updated seven days a week, from CBC News. Sort out what's real, what's relevant and what’s truly new, from a Canadian perspective, with hosts Susan Bonner and Stephanie Skenderis. Context, analysis and surprise — all in about 25 minutes.
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