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BITCOIN SEASON 2: The REAL Bitcoin Pizza Day Story
Manage episode 484583989 series 2401578
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.
3401 episodes
Manage episode 484583989 series 2401578
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.
3401 episodes
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