2008
The domain bitcoin.org was registered under the name Satoshi Nakamoto on August 18, 2008.
“on august 18th 2008 a domain name is registered under the name satoshi nakamoto for bitcoin.org”
Topic
Bitcoin
16 facts from 5 episodes, in date order. These are what speakers said on the shows, each linked to the moment it was said. They aren't independently verified.
2008
On October 31, 2008, an account named Satoshi Nakamoto published the Bitcoin paper, titled 'Bitcoin: A Peer-to-Peer Electronic Cash System', to a cryptography mailing list.
“publishes a paper on the cryptography mailing list metsdow.org describing a new digital cryptocurrency titled bitcoin a peer-to-peer electronic cash system”
2010
Bitcoin Pizza Day is May 22, 2010, when Florida programmer Laszlo Hanyecz offered bitcoin in exchange for a pizza.
“may 22nd 2010 the infamous pizza day when one of the researchers working on the project a florida programmer named laszlo heinich”
2011
Kevin Rose's earliest Bitcoin-related email in his Gmail inbox is dated June 12, 2011.
“So the first email I have about Bitcoin is June 12th of 2011.”
2012
The Winklevoss twins accumulated over 100,000 bitcoins for under $10 million, about one percent of all bitcoin then outstanding.
“over a hundred thousand bitcoins that cost them under 10 million dollars and it was one percent of all bitcoin outstanding at the time”
2017
Bitcoin hit a then-record high of $19,783.06 on December 18, 2017.
“what many then later over the coming two years would believe would be the all-time high nineteen thousand seven hundred eighty three dollars and six cents per bitcoin”
2017
Sam Bankman-Fried said Bitcoin price differences between major crypto exchanges were about 5-10% in late 2017.
“The spread between the exchanges was about five to 10%.”
2018
Stripe supported Bitcoin payments for a time, then stopped in 2018 because Bitcoin was too slow and unwieldy for high-volume transactions.
“stripe supported bitcoin for a while but then once it became clear that like this it was too slow and too unwieldy”
2018
Bankman-Fried said Bitcoin in Korea traded 10-50% above US prices, but Korea's restricted won currency prevented a simple arbitrage between them.
“Korean Bitcoins were trading 10 to 50 percent above American Bitcoins.”
2019
A 2019 MIT-commissioned study estimated that Bitcoin mining accounted for about 0.2 percent of global electricity consumption.
“in 2019 mit tried to answer this question by commissioning a study and they basically said that bitcoin mining specifically accounts for about two tenths of a percent 0.2 percent of global electricity consumption”
2020
Bitcoin fell from around $13,000-14,000 to below $4,000 on March 13, 2020, during the COVID-19 market sell-off.
“on march 13th 2020 remember it had been trading around 13 14 000 per bitcoin it crashes down below 4 000”
2020
MicroStrategy disclosed in August 2020 that it held $250 million in bitcoin and was treating it as a treasury reserve asset.
“micro strategy which is a publicly traded uh investment firm uh they reveal that they have 250 million dollars in bitcoin”
2021
The mining reward for a Bitcoin block started at 50 bitcoins and had fallen to 6.25 by early 2021, with blocks found about every 10 minutes.
“if you mind a block which again happened every 10 minutes you got 50 bitcoins in the beginning now i think it's down to six and a quarter”
Undated
Hashcash, a precursor to Bitcoin's proof of work, was designed as an anti-spam system for email rather than as money.
“it wasn't designed as money it was designed as an anti-spam system for email”
Undated
Yakovenko says Bitcoin's theoretical limit is about seven transactions per second.
“So what's cool is that seven transactions per second is what the Bitcoin theoretical limit is.”
Undated
Ray Dalio said he holds about 1% of his portfolio in Bitcoin.
“I have about 1% of my portfolio in Bitcoin because there's different kinds of money that and the money that you can't print, that's one kind.”
Episodes