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🎂 16 YEARS AGO, THEY GAVE AWAY BITCOIN WORTH $1 TRILLION — JUST LIKE THAT, FOR A CAPTCHA
Today marks the anniversary of one of the most valuable altruistic gestures in tech history.
On June 11, 2010, developer #Gavin Andresen posted on #Bitcointalk about what he called a "really dumb idea" — launching the site freebitcoins.appspot.com, where anyone could snag 5 BTC just by solving a captcha. No registration, no verification, no strings attached.
The logic was simple and fair: the more people got their hands on #Bitcoin , the better the chances that the project would survive.
Andresen initially funded the first 1,100 BTC from his own pocket. Then early miners jumped in and donated more. In total, they handed out 19,700 BTC — today worth over a billion dollars.
Back then, 5 BTC was worth just a few cents. People solved the captcha, grabbed coins — and almost certainly didn’t save their wallets. They deleted the file, reinstalled Windows, or simply forgot.
Right now, there's probably someone who spent 30 seconds on a captcha in 2010, got 5 BTC, and has no idea they once held $350,000.
And at that moment, Andresen wasn’t selling the price, launching a token, or raising funds. He just wanted the idea to survive. And it did.
#Bitcoin #CryptoHistory #BTC
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Today marks the anniversary of one of the most valuable altruistic gestures in tech history.
On June 11, 2010, developer #Gavin Andresen posted on #Bitcointalk about what he called a "really dumb idea" — launching the site freebitcoins.appspot.com, where anyone could snag 5 BTC just by solving a captcha. No registration, no verification, no strings attached.
The logic was simple and fair: the more people got their hands on #Bitcoin , the better the chances that the project would survive.
Andresen initially funded the first 1,100 BTC from his own pocket. Then early miners jumped in and donated more. In total, they handed out 19,700 BTC — today worth over a billion dollars.
Back then, 5 BTC was worth just a few cents. People solved the captcha, grabbed coins — and almost certainly didn’t save their wallets. They deleted the file, reinstalled Windows, or simply forgot.
Right now, there's probably someone who spent 30 seconds on a captcha in 2010, got 5 BTC, and has no idea they once held $350,000.
And at that moment, Andresen wasn’t selling the price, launching a token, or raising funds. He just wanted the idea to survive. And it did.
#Bitcoin #CryptoHistory #BTC
Subscribe 🤝
Bitcoin & Major Corrections — What History Actually Shows Us
Every time Bitcoin drops significantly, the same question appears — has it happened before? The answer, backed by verified historical data, is yes — every single time.
📊 Verified Historical Corrections & Recoveries:
🔹 2014 — Mt. Gox collapse triggered massive crash → Bitcoin recovered to new all-time highs within 2–3 years
🔹 2018 — Price dropped below $4,000 after 2017 highs → Full recovery and new ATH by 2020
🔹 2022 — Crypto winter took BTC to $16,500 → New all-time highs reached by late 2024 (CoinReporter)
🔹 May 2021 — Bitcoin crashed 53% from $64,000 to $30,000 → Fully recovered within 5 months (CoinDCX)
📌 Where Are We Now — June 2026:
Crypto cycle analysis indicates Bitcoin may currently be in Phase 3 of a four-phase market cycle — characterized by early buyers taking profits and late buyers panic selling, resulting in corrections of 60–80% from cycle highs. If this framework proves accurate, Phase 4 would involve bottom formation and recovery over the next 12 to 24 months. (Cryptopolitan)
🔍 What Makes This Cycle Different:
✅ Spot Bitcoin ETF approval in January 2024 created unprecedented institutional demand
✅ April 2024 halving reduced new BTC supply entering the market
✅ Corporate Bitcoin treasury adoption continues growing globally (InvestingHaven)
⚠️ Important Reality Check:
Historically, recoveries from Bitcoin mid-cycle corrections take 3 to 6 months — but there is no certainty that any historical pattern will repeat exactly. Past performance does not guarantee future results. (CoinDCX)
History does not predict the future — but it does show that Bitcoin has survived every major crash it has ever faced.
This is not financial advice. Always do your own research.
Date: June 9, 2026
#Bitcoin #BTC #CryptoHistory
Every time Bitcoin drops significantly, the same question appears — has it happened before? The answer, backed by verified historical data, is yes — every single time.
📊 Verified Historical Corrections & Recoveries:
🔹 2014 — Mt. Gox collapse triggered massive crash → Bitcoin recovered to new all-time highs within 2–3 years
🔹 2018 — Price dropped below $4,000 after 2017 highs → Full recovery and new ATH by 2020
🔹 2022 — Crypto winter took BTC to $16,500 → New all-time highs reached by late 2024 (CoinReporter)
🔹 May 2021 — Bitcoin crashed 53% from $64,000 to $30,000 → Fully recovered within 5 months (CoinDCX)
📌 Where Are We Now — June 2026:
Crypto cycle analysis indicates Bitcoin may currently be in Phase 3 of a four-phase market cycle — characterized by early buyers taking profits and late buyers panic selling, resulting in corrections of 60–80% from cycle highs. If this framework proves accurate, Phase 4 would involve bottom formation and recovery over the next 12 to 24 months. (Cryptopolitan)
🔍 What Makes This Cycle Different:
✅ Spot Bitcoin ETF approval in January 2024 created unprecedented institutional demand
✅ April 2024 halving reduced new BTC supply entering the market
✅ Corporate Bitcoin treasury adoption continues growing globally (InvestingHaven)
⚠️ Important Reality Check:
Historically, recoveries from Bitcoin mid-cycle corrections take 3 to 6 months — but there is no certainty that any historical pattern will repeat exactly. Past performance does not guarantee future results. (CoinDCX)
History does not predict the future — but it does show that Bitcoin has survived every major crash it has ever faced.
This is not financial advice. Always do your own research.
Date: June 9, 2026
#Bitcoin #BTC #CryptoHistory
Verified
In May 2022, crypto witnessed something many thought was impossible.
A top 10 project worth over $60 billion collapsed in days.
Terra was one of the hottest ecosystems in crypto.
People were earning yield.
Influencers were promoting it.
Investors believed it was the future.
Then the nightmare began.
UST lost its peg.
Panic spread.
People rushed for the exit at the same time.
The algorithm designed to keep the system stable started doing the opposite.
As UST fell...
$LUNA was printed in massive amounts.
Millions became billions.
Billions became trillions.
The price didn't just crash.
It was erased.
Fortunes disappeared overnight.
Life savings vanished.
Some investors watched years of gains turn into almost nothing.
The entire crypto market felt the shock.
One week changed everything.
The Luna crisis became a brutal reminder that in crypto, even the biggest projects can fall when confidence disappears.
And to this day, it's still one of the most dramatic collapses in financial history.
$LUNC
#LUNA #Terra #CryptoHistory #crypto
A top 10 project worth over $60 billion collapsed in days.
Terra was one of the hottest ecosystems in crypto.
People were earning yield.
Influencers were promoting it.
Investors believed it was the future.
Then the nightmare began.
UST lost its peg.
Panic spread.
People rushed for the exit at the same time.
The algorithm designed to keep the system stable started doing the opposite.
As UST fell...
$LUNA was printed in massive amounts.
Millions became billions.
Billions became trillions.
The price didn't just crash.
It was erased.
Fortunes disappeared overnight.
Life savings vanished.
Some investors watched years of gains turn into almost nothing.
The entire crypto market felt the shock.
One week changed everything.
The Luna crisis became a brutal reminder that in crypto, even the biggest projects can fall when confidence disappears.
And to this day, it's still one of the most dramatic collapses in financial history.
$LUNC
#LUNA #Terra #CryptoHistory #crypto
Hegimining:
Better DYOR. It never traded at 60bn
Satoshi Era BTC Wallets Update 📊
News: Some dormant Bitcoin addresses from the Satoshi era have come to life
126+ discussions are buzzing on Square about this topic
Background: BTC wallets from 2009-2010 that haven’t seen any action for years
Now some transactions are showing up on the blockchain
Market impact?
When dormant coins start moving, it always stirs up debate
Some folks call it "sell pressure," while others say it's "just testing"
These wallets are iconic in Bitcoin's history
Whether they move or not, the discussion is definitely on 👇
What’s your take - why are these wallets moving now?
Let me know in the comments
#SatoshiEra #BTC🔥🔥🔥🔥🔥 #DormantWallets #BinanceSquare #CryptoHistory
News: Some dormant Bitcoin addresses from the Satoshi era have come to life
126+ discussions are buzzing on Square about this topic
Background: BTC wallets from 2009-2010 that haven’t seen any action for years
Now some transactions are showing up on the blockchain
Market impact?
When dormant coins start moving, it always stirs up debate
Some folks call it "sell pressure," while others say it's "just testing"
These wallets are iconic in Bitcoin's history
Whether they move or not, the discussion is definitely on 👇
What’s your take - why are these wallets moving now?
Let me know in the comments
#SatoshiEra #BTC🔥🔥🔥🔥🔥 #DormantWallets #BinanceSquare #CryptoHistory
Verified
🚨 Last week they woke up.
They hadn't moved in 13 years.
Two Bitcoin wallets created in 2011 and 2012 — when $BTC was worth less than $15 — suddenly moved 2,000 BTC. Over $150 million dollars. $USDT
No warning. No explanation. No known identity.
They just… woke up.
And they weren't the only ones. In May 2026, several silent wallets for over 12 years moved millions in just a few days. A wave nobody saw coming.
The most disturbing part: they woke up just when Bitcoin was trading 50% below its all-time high. When the market is weak. When a massive sell-off hurts the most.
Coincidence? The market doesn’t think so.
In December 2025, something similar happened: hundreds of wallets linked to Silk Road — the most famous dark web marketplace — reactivated after more than a decade of silence. Illegal operation money from 2012 moving in 2025. No official explanation.
Every time this happens, the market trembles. And there's a very concrete reason.
More than 1,000 wallets have been inactive for ten or more years without sending a single coin. A dormant supply large enough to shake prices if it were to hit the market suddenly.
The owner might have died. They could have lost the password. They might just be waiting.
Nobody knows.
And that uncertainty has a technical name: latent supply shock. An offer bomb that can activate at any moment without any technical analysis predicting it.
A single transfer of 12,000 BTC in November 2025 pushed the price down by 2% within hours.
One wallet. Two percent. In hours.
Nobody controls Bitcoin. That’s its greatest virtue.
And also its greatest mystery.
👇 Do you think those wallets belong to living people… or is Bitcoin lost forever?
#bitcoin #CryptoHistory #InstitutoBlockchain #FranBerlin #crypto
They hadn't moved in 13 years.
Two Bitcoin wallets created in 2011 and 2012 — when $BTC was worth less than $15 — suddenly moved 2,000 BTC. Over $150 million dollars. $USDT
No warning. No explanation. No known identity.
They just… woke up.
And they weren't the only ones. In May 2026, several silent wallets for over 12 years moved millions in just a few days. A wave nobody saw coming.
The most disturbing part: they woke up just when Bitcoin was trading 50% below its all-time high. When the market is weak. When a massive sell-off hurts the most.
Coincidence? The market doesn’t think so.
In December 2025, something similar happened: hundreds of wallets linked to Silk Road — the most famous dark web marketplace — reactivated after more than a decade of silence. Illegal operation money from 2012 moving in 2025. No official explanation.
Every time this happens, the market trembles. And there's a very concrete reason.
More than 1,000 wallets have been inactive for ten or more years without sending a single coin. A dormant supply large enough to shake prices if it were to hit the market suddenly.
The owner might have died. They could have lost the password. They might just be waiting.
Nobody knows.
And that uncertainty has a technical name: latent supply shock. An offer bomb that can activate at any moment without any technical analysis predicting it.
A single transfer of 12,000 BTC in November 2025 pushed the price down by 2% within hours.
One wallet. Two percent. In hours.
Nobody controls Bitcoin. That’s its greatest virtue.
And also its greatest mystery.
👇 Do you think those wallets belong to living people… or is Bitcoin lost forever?
#bitcoin #CryptoHistory #InstitutoBlockchain #FranBerlin #crypto
This just proves how Bitcoin's early history keeps delivering surprises. A 15-year-old Series 1 physical Casascius coin got officially activated on-chain, unlocking 25 $BTC for its owner. That's roughly $1.78 million sitting in a piece of metal most people had written off as a collectible.
These tangible Bitcoin artifacts from the very beginning were always a wild experiment. Now one is showing that the private keys never really disappeared. It cuts through the usual noise about lost coins and dormant wallets.
The network still honors those original promises after all this time. $BTC $ETH $SOL
#Bitcoin #Casascius #CryptoHistory #BTC
These tangible Bitcoin artifacts from the very beginning were always a wild experiment. Now one is showing that the private keys never really disappeared. It cuts through the usual noise about lost coins and dormant wallets.
The network still honors those original promises after all this time. $BTC $ETH $SOL
#Bitcoin #Casascius #CryptoHistory #BTC
Been pondering some old crypto stories today. Think about this scenario: someone picked up a physical $BTC in 2011, maybe just because it looked cool, paying less than a hundred dollars for it.
They probably just saw it as a quirky conversation piece, tucked away in a drawer somewhere. Fast forward to today, and unearthing that relic would reveal a truly staggering sum, a prime example of early $CRYPTO gains.
What a wild journey for early adopters.
#Bitcoin #CryptoHistory #EarlyAdopter #HODL
They probably just saw it as a quirky conversation piece, tucked away in a drawer somewhere. Fast forward to today, and unearthing that relic would reveal a truly staggering sum, a prime example of early $CRYPTO gains.
What a wild journey for early adopters.
#Bitcoin #CryptoHistory #EarlyAdopter #HODL
A mystery whale just dropped a serious old-school move by peeling the hologram off a 2011 Casascius token.
These physical Bitcoin pieces from back in the day were basically the first real-world version of holding $BTC , loaded with actual private keys under that shiny hologram. Seeing one get revealed like this after all these years feels like watching a piece of crypto history come alive.
It is a quiet reminder that the big players still value the roots even as everything moves faster with $ETH and $SOL layers.
#Bitcoin #Casascius #CryptoHistory #BTC
These physical Bitcoin pieces from back in the day were basically the first real-world version of holding $BTC , loaded with actual private keys under that shiny hologram. Seeing one get revealed like this after all these years feels like watching a piece of crypto history come alive.
It is a quiet reminder that the big players still value the roots even as everything moves faster with $ETH and $SOL layers.
#Bitcoin #Casascius #CryptoHistory #BTC
₿ 💥 Received the first Bitcoin transaction $BTC in history.
Lived two blocks away from someone named Satoshi Nakamoto.
And passed away with his encrypted hard drives.
His name was Hal Finney.
Cryptographer. Marathon runner. Employee at a video game company in California.
On January 12, 2009, Satoshi Nakamoto sent him 10 BTC.
The first Bitcoin transaction in the history of the world.
Hal was the first believer. The first to run a node.
The first to tell Satoshi: "this works."
In 2009, he tweeted something that today seems prophetic:
"Running Bitcoin."
Two words. No context. No fanfare.
In 2013, he was diagnosed with ALS — amyotrophic lateral sclerosis.
He kept coding from his wheelchair.
Dictating code with his eyes when he could no longer move his fingers.
He passed away in August 2014.
His body was cryopreserved. It remains frozen today.
But here comes what almost nobody knows.
Hal Finney lived in Temple City, California.
Two blocks from his house lived an elderly, retired Japanese-American man.
His name: Dorian Satoshi Nakamoto.
Coincidence, say the investigators.
Too much coincidence, say others.
Hal Finney's hard drives were never decrypted.
Nobody knows what's inside.
Did Hal know who Satoshi really was?
Did he take it to the cryo chamber?
There are questions in crypto that the market will never answer.
This is one of them.
What do you think?
Fran Berlín | Blockchain Institute.
#bitcoin #CryptoHistory #halfinney #FranBerlin #InstitutoBlockchain
Lived two blocks away from someone named Satoshi Nakamoto.
And passed away with his encrypted hard drives.
His name was Hal Finney.
Cryptographer. Marathon runner. Employee at a video game company in California.
On January 12, 2009, Satoshi Nakamoto sent him 10 BTC.
The first Bitcoin transaction in the history of the world.
Hal was the first believer. The first to run a node.
The first to tell Satoshi: "this works."
In 2009, he tweeted something that today seems prophetic:
"Running Bitcoin."
Two words. No context. No fanfare.
In 2013, he was diagnosed with ALS — amyotrophic lateral sclerosis.
He kept coding from his wheelchair.
Dictating code with his eyes when he could no longer move his fingers.
He passed away in August 2014.
His body was cryopreserved. It remains frozen today.
But here comes what almost nobody knows.
Hal Finney lived in Temple City, California.
Two blocks from his house lived an elderly, retired Japanese-American man.
His name: Dorian Satoshi Nakamoto.
Coincidence, say the investigators.
Too much coincidence, say others.
Hal Finney's hard drives were never decrypted.
Nobody knows what's inside.
Did Hal know who Satoshi really was?
Did he take it to the cryo chamber?
There are questions in crypto that the market will never answer.
This is one of them.
What do you think?
Fran Berlín | Blockchain Institute.
#bitcoin #CryptoHistory #halfinney #FranBerlin #InstitutoBlockchain
Taking a walk through $XRP 's wild price history 👀
2013 — It all started at just $0.005
2017 — Skyrocketed to an ATH of $3.84 🚀
2018 — Reality check hit hard at $0.30
2020 — Quietly sitting at $0.20...
2030 — The big question mark 👀
From fractions of a penny to nearly $4 — this asset has seen it ALL. Where does the next chapter take us? The road to 2030 is still unwritten 📈
#XRP #CryptoHistory #BinanceSquare
2013 — It all started at just $0.005
2017 — Skyrocketed to an ATH of $3.84 🚀
2018 — Reality check hit hard at $0.30
2020 — Quietly sitting at $0.20...
2030 — The big question mark 👀
From fractions of a penny to nearly $4 — this asset has seen it ALL. Where does the next chapter take us? The road to 2030 is still unwritten 📈
#XRP #CryptoHistory #BinanceSquare
$BNB Journey: From Cents to a Crypto Giant
📅 2017 → Launch price around $0.10
📅 2018 → Reached nearly $25 during the first major bull run
📅 2019 → Climbed toward $30-$40 with Binance ecosystem growth
📅 2020 → Holding around $40 before the massive breakout
📅 2021 → Exploded to nearly $690 ATH during the crypto bull market
📅 2022-2023 → Market correction, traded mostly between $200-$350
📅 2024 → Strong recovery toward $700+
📅 2025 → New all-time high near $1,370
📅 2026 → Still one of the strongest coins in crypto, trading in the $600-$700+ range.
Imagine turning $100 into BNB at launch — that investment would have grown into hundreds of thousands of dollars during its peak cycle. BNB’s growth wasn't built only on hype; it grew alongside the expansion of the Binance ecosystem, token burns, DeFi, and BNB Chain adoption.
From $0.10 to over $1,300+ at its peak — BNB remains one of the greatest success stories in crypto history.
#bnb #Bullrun #BNBChain #CryptoHistory
📅 2017 → Launch price around $0.10
📅 2018 → Reached nearly $25 during the first major bull run
📅 2019 → Climbed toward $30-$40 with Binance ecosystem growth
📅 2020 → Holding around $40 before the massive breakout
📅 2021 → Exploded to nearly $690 ATH during the crypto bull market
📅 2022-2023 → Market correction, traded mostly between $200-$350
📅 2024 → Strong recovery toward $700+
📅 2025 → New all-time high near $1,370
📅 2026 → Still one of the strongest coins in crypto, trading in the $600-$700+ range.
Imagine turning $100 into BNB at launch — that investment would have grown into hundreds of thousands of dollars during its peak cycle. BNB’s growth wasn't built only on hype; it grew alongside the expansion of the Binance ecosystem, token burns, DeFi, and BNB Chain adoption.
From $0.10 to over $1,300+ at its peak — BNB remains one of the greatest success stories in crypto history.
#bnb #Bullrun #BNBChain #CryptoHistory
Back in 2013 and 2014, magic internet money quietly proved it was the real deal. It launched as an actual functioning blockchain, not some whitepaper dream, with honest mining and years of on-chain history already building behind it.
What stands out is how that early foundation still matters. While newer chains experiment and iterate, this one carries the weight of being battle-tested from the start. It reminds me why some projects endure and others fade.
$BTC $ETH $SOL
#Bitcoin #CryptoHistory #Blockchain #MagicInternetMoney
What stands out is how that early foundation still matters. While newer chains experiment and iterate, this one carries the weight of being battle-tested from the start. It reminds me why some projects endure and others fade.
$BTC $ETH $SOL
#Bitcoin #CryptoHistory #Blockchain #MagicInternetMoney
Remember when crypto was truly wild? Before the slick marketing, before VC money dictated everything, and definitely before meme coins were a full-blown industry, projects like MIM were already building. This wasn't some quick cash grab.
Magic Internet Money actually debuted in 2013/2014 as a proper blockchain, with real mining and a genuine history behind it. It's a piece of crypto heritage from the $BTC early days.
Now, that original name, its unique lore, and all the historical data are starting to move again, popping up on $SOL . Seems like the broader market might have forgotten about its roots, but the on-chain archives definitely didn't. This is a cool piece of history making a comeback.
$MIM
#CryptoHistory #BlockchainLore #MIM #SolanaGems #OGCrypto
Magic Internet Money actually debuted in 2013/2014 as a proper blockchain, with real mining and a genuine history behind it. It's a piece of crypto heritage from the $BTC early days.
Now, that original name, its unique lore, and all the historical data are starting to move again, popping up on $SOL . Seems like the broader market might have forgotten about its roots, but the on-chain archives definitely didn't. This is a cool piece of history making a comeback.
$MIM
#CryptoHistory #BlockchainLore #MIM #SolanaGems #OGCrypto
Remember when crypto was still this strange, wild frontier? Before every project had a slick brand, before VC decks were standard, and long before thousands of identical tokens flooded the market. Even before memecoins turned into a whole industry, there was Magic Internet Money.
This wasn't some overnight sensation; $MIM launched way back in 2013 or 2014 as a genuine blockchain. We're talking real mining, real proof-of-work, and a history that predates much of what we consider foundational today. It truly captured that early, pioneering spirit of the decentralized web.
Now, that original name, the deep lore, and all those foundational receipts are making a significant return. They're back in motion, bringing a piece of that early crypto heritage onto the Solana network. It's a fascinating connection across eras.
While the fast-moving market might have collectively forgotten some of these early gems, the blockchain's memory is long and unyielding. This revival is a powerful reminder of where it all began. $SOL $BTC
#CryptoHistory #DeFi #Web3 #Solana #Blockchain
This wasn't some overnight sensation; $MIM launched way back in 2013 or 2014 as a genuine blockchain. We're talking real mining, real proof-of-work, and a history that predates much of what we consider foundational today. It truly captured that early, pioneering spirit of the decentralized web.
Now, that original name, the deep lore, and all those foundational receipts are making a significant return. They're back in motion, bringing a piece of that early crypto heritage onto the Solana network. It's a fascinating connection across eras.
While the fast-moving market might have collectively forgotten some of these early gems, the blockchain's memory is long and unyielding. This revival is a powerful reminder of where it all began. $SOL $BTC
#CryptoHistory #DeFi #Web3 #Solana #Blockchain
💥The guy who threw away 10,000 $BTC .
And he knows it. And he lives with that.
In 2010, Laszlo Hanyecz paid for two pizzas with 10,000 Bitcoin.
Everyone knows him. That's already the tourist anecdote.
But there's a story that almost nobody tells.
James Howells, a British engineer, mined 8,000 BTC in 2009.
He stored it on a hard drive.
In 2013, while cleaning his office, he accidentally threw it away.
The drive ended up in a landfill in Newport, Wales.
Today that drive is worth over 700 million dollars.
It's buried under tons of trash.
And the local government has denied him the permit to dig for years.
Howells has offered the municipality 25% of the find.
They've said no. Three times.
But here comes what almost nobody knows:
Before any exchange existed,
before Coinbase, before Binance,
the only place you could 'buy' Bitcoin was a forum called Bitcointalk.
On that forum, in 2010, a user sold 10,000 BTC for $41 dollars. $USDT
It wasn't Laszlo.
It was a silent transaction, unnamed, with no public history.
The buyer never posted again.
Nobody knows who it was.
Nobody knows if they still hold those coins.
In its early years, Crypto wasn't Wall Street.
It was a forum of cypherpunks, idealists, and the curious
who believed money could exist without banks.
Some became millionaires without knowing it.
Others lost fortunes for not securely storing 12 words.
The technology didn't fail.
The human context failed, as it wasn't ready to understand it yet.
And you? When did you enter this world?
Did you arrive late or just in time for the next chapter?
Fran Berlín | Blockchain Institute.
#bitcoin #CryptoHistory #FranBerlin #Web3 #InstitutoBlockchain
And he knows it. And he lives with that.
In 2010, Laszlo Hanyecz paid for two pizzas with 10,000 Bitcoin.
Everyone knows him. That's already the tourist anecdote.
But there's a story that almost nobody tells.
James Howells, a British engineer, mined 8,000 BTC in 2009.
He stored it on a hard drive.
In 2013, while cleaning his office, he accidentally threw it away.
The drive ended up in a landfill in Newport, Wales.
Today that drive is worth over 700 million dollars.
It's buried under tons of trash.
And the local government has denied him the permit to dig for years.
Howells has offered the municipality 25% of the find.
They've said no. Three times.
But here comes what almost nobody knows:
Before any exchange existed,
before Coinbase, before Binance,
the only place you could 'buy' Bitcoin was a forum called Bitcointalk.
On that forum, in 2010, a user sold 10,000 BTC for $41 dollars. $USDT
It wasn't Laszlo.
It was a silent transaction, unnamed, with no public history.
The buyer never posted again.
Nobody knows who it was.
Nobody knows if they still hold those coins.
In its early years, Crypto wasn't Wall Street.
It was a forum of cypherpunks, idealists, and the curious
who believed money could exist without banks.
Some became millionaires without knowing it.
Others lost fortunes for not securely storing 12 words.
The technology didn't fail.
The human context failed, as it wasn't ready to understand it yet.
And you? When did you enter this world?
Did you arrive late or just in time for the next chapter?
Fran Berlín | Blockchain Institute.
#bitcoin #CryptoHistory #FranBerlin #Web3 #InstitutoBlockchain
Li Xiaolai Used to Sneakily Mine Bitcoin on Classroom Computers While Teaching at New Oriental — and the Whole Class Paid His Electric Bill!
You think crypto big shots are all suited up, commanding from luxury offices? Think again! Li Xiaolai, the so-called "Bitcoin Billionaire," was a hardcore "power thief" back in the day.
In 2008, Li was still an English teacher at New Oriental. Bitcoin had just launched, and after sneaking past the firewall to read the whitepaper, he slapped his thigh: "This thing's gonna blow up!" But there was a catch — mining at home ate up too much electricity, with costs higher than the coin's value. So what did he do? He set his sights on New Oriental's classroom computers.
Every day after class, Li pretended to prep lessons while secretly running mining software on the machines. To cover his tracks, he deliberately picked night and weekend shifts, calling it "extra tutoring for students." The result? Dozens of computers running at full tilt simultaneously, sending the electric meter flying faster than his English lessons. New Oriental's power bills skyrocketed, and the academic director even suspected students were running an underground internet cafe.
The kicker? Li later admitted in *Bitcoin World*: "Back then, New Oriental's electricity costs at least doubled, but no one ever caught me." It wasn't until 2011, when Bitcoin hit $1, that he quit to go full-time crypto. As he left, he joked: "New Oriental owes me a mining rig."
Today, Li's financially free, but this "power-stealing mining" legend remains crypto's classic inside joke. Drop a comment: If you were New Oriental's principal back then, would you have handed him a "Best Energy-Saving Award"?
#Bitcoin #CryptoHistory #LiXiaolai
You think crypto big shots are all suited up, commanding from luxury offices? Think again! Li Xiaolai, the so-called "Bitcoin Billionaire," was a hardcore "power thief" back in the day.
In 2008, Li was still an English teacher at New Oriental. Bitcoin had just launched, and after sneaking past the firewall to read the whitepaper, he slapped his thigh: "This thing's gonna blow up!" But there was a catch — mining at home ate up too much electricity, with costs higher than the coin's value. So what did he do? He set his sights on New Oriental's classroom computers.
Every day after class, Li pretended to prep lessons while secretly running mining software on the machines. To cover his tracks, he deliberately picked night and weekend shifts, calling it "extra tutoring for students." The result? Dozens of computers running at full tilt simultaneously, sending the electric meter flying faster than his English lessons. New Oriental's power bills skyrocketed, and the academic director even suspected students were running an underground internet cafe.
The kicker? Li later admitted in *Bitcoin World*: "Back then, New Oriental's electricity costs at least doubled, but no one ever caught me." It wasn't until 2011, when Bitcoin hit $1, that he quit to go full-time crypto. As he left, he joked: "New Oriental owes me a mining rig."
Today, Li's financially free, but this "power-stealing mining" legend remains crypto's classic inside joke. Drop a comment: If you were New Oriental's principal back then, would you have handed him a "Best Energy-Saving Award"?
#Bitcoin #CryptoHistory #LiXiaolai
The Guy Who Bought Pizza With 1000 Bitcoin – Here’s What Happened Next. The Truth Will Make You Laugh!
Okay, you know the legend: back in 2010, a dude named Laszlo Hanyecz traded 10,000 Bitcoin for two pizzas. Yeah, at today’s prices, that’s like $600 million worth of pizza. But wait, there’s a twist. He didn’t stop there. Fast forward a few years, and he did it again – this time with 1,000 Bitcoin for another pizza. And guess what? He’s still laughing about it.
Laszlo says he has no regrets. He calls it a “fair trade” and still eats pizza like a boss. The crypto community loves him for it – he’s basically a meme lord. So if you’re crying over your missed gains, remember: this guy literally ate his fortune and doesn’t care. Now that’s what we call having your cake and eating it too. Or should we say, your pizza.
#BitcoinPizza #CryptoHistory #LaszloHanyecz
Okay, you know the legend: back in 2010, a dude named Laszlo Hanyecz traded 10,000 Bitcoin for two pizzas. Yeah, at today’s prices, that’s like $600 million worth of pizza. But wait, there’s a twist. He didn’t stop there. Fast forward a few years, and he did it again – this time with 1,000 Bitcoin for another pizza. And guess what? He’s still laughing about it.
Laszlo says he has no regrets. He calls it a “fair trade” and still eats pizza like a boss. The crypto community loves him for it – he’s basically a meme lord. So if you’re crying over your missed gains, remember: this guy literally ate his fortune and doesn’t care. Now that’s what we call having your cake and eating it too. Or should we say, your pizza.
#BitcoinPizza #CryptoHistory #LaszloHanyecz
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