Bitcoin History Part 3: Turning on the Faucet
With no exchanges, P2P marketplaces, or escrow services in Bitcoin’s earliest days, acquiring coins wasn’t easy. You either mined them or begged someone on the Bitcointalk forum to sell...
Bitcoin History Part 5: A Wild Altcoin Appears
It’s hard to imagine a time before cryptocurrency exchanges were stocked with hundreds of digital assets. A time before the pejorative “shitcoin” had been coined and there was no...
Bitcoin History Part 6: The First Bitcoin Exchange
Aside from mining, the only way to obtain bitcoin in the very early days was by trading it on forums or IRC. This arrangement relied on the other party...
Bitcoin History Part 8: When 1,500 BTC Cost Less Than $1
How much is one bitcoin worth? In fiat currency terms, that’s a constantly shifting answer, but ever since the beginning, the following has held true: one bitcoin is worth...
Bitcoin History Part 9: Mt. Gox Is Born
“Hi everyone, I just put up a new bitcoin exchange. Please let me know what you think.” With those innocuous words, one of the most notorious sagas in Bitcoin’s...