Pete Rizzo

1 month ago | blockworks.co | Pete Rizzo

Bitcoin Pizza season is back. This Sunday will mark 15 years since early adopter Laszlo Hanyecz first posted his historic, cheesy request to Bitcointalk: Pizza for bitcoins? Hanyecz boldly offered to pay 10,000 BTC to anyone who could deliver two large pizzas - two, "so I have some left over for the next day.

1 month ago | zephyrnet.com | Pete Rizzo

By Pete Rizzo, The Bitcoin Historian Back then, Bitcoin was the toast of the financial mainstream. Books were being written about the subject, Bloomberg hosted a "12 Days of Bitcoin" Christmas special (where the host got robbed on air), and every Silicon Valley thought leader had an opinion about its future. Then, reality hit. The trough of disillusionment. Startups pivoted and failed. These were my formative years in the Bitcoin industry.

1 month ago | blockworks.co | Pete Rizzo

Yes, Warren Buffett is one of the greatest to ever do it. But he clearly has a blind spot for Bitcoin. It's seven years ago today that Buffett famously called Bitcoin "rat poison squared" in front of CNBC reporter Becky Quick. Buffett, who at 94 has just confirmed that he's stepping aside as Berkshire Hathaway CEO at the end of the year, has actually been negging Bitcoin since May 2013.

1 month ago | blockworks.co | Pete Rizzo

Imagine being in an industry where a yellow piece of paper is one of your most iconic symbols. Well, that's Bitcoin, and today's legend is none other than Christian Langalis, better known as Bitcoin Sign Guy. Langalis is the young man in a suit who held up a sign that read "Buy ₿itcoin" while Janet Yellen, then-Chair of the Federal Reserve, stood her ground in front of Congress in 2017. Today's story is about much more than just his viral moment, however.

2 months ago | blockworks.co | Pete Rizzo

This is a segment from the Supply Shock newsletter. To read full editions, . The final known Satoshi email was sent to Mike Hearn, one of the earliest Bitcoin contributors and former Google engineer, in April 2011. By that point, Bitcoin had been running for 840 days, or less than two and a half years. Satoshi previously said they had been working on Bitcoin's design since 2007 - so at most they were active in Bitcoin development for about four years.