More Than Pizza: 3 Awesome Stories From the History of Bitcoin

r/Bitcoin recap - May 2019

Hi Bitcoiners!
I’m back with the 29th monthly Bitcoin news recap. (sorry a bit late this month)
For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.
You can see recaps of the previous months on Bitcoinsnippets.com
A recap of Bitcoin in May 2019
Adoption
Development
Security
Mining
Business
Research
Education
Regulation & Politics
Archeology (Financial Incumbents)
Price & Trading
Fun & Other
submitted by SamWouters to Bitcoin [link] [comments]

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There was no sign of a revolution yet. The first Bitcoin transaction, the so-called “Pizza Day“, was still a long way off and only took place on 22 May 2010, when Laszlo Hanyec bought two pizzas for 10,000 BTC. What’s Bitcoin? A history lesson: The value of money. Bitcoin (short: BTC) has been the world’s first crypto currency. All subsequent crypto currencies are referred to as ... CZ Binance’s 3/1000 refers to the fact that if you have 21 million BTC, a maximum of only 21 million individuals can hold a maximum of 1 BTC. That is a 3:1000 ratio if you consider the world’s population of 7+ billion, which again, is meaningless. The 6.15 Bitcoin figure that American Hodl pulled, is even more ridiculous. It has no ... After receiving $1,000 from his grandma he promised to turn this amount into $1 million, ... Since then, every year the crypto world celebrates Bitcoin Pizza Day on May 22. Bitcoin has paved a amplitudinous way for other cryptocurrencies to find their own way at the crypto market. It is simply impossible to define the most eye-catching story from the history of Bitcoin as this phenomenal ... Bitcoin Cash Node: "Today we received a large anonymous 1000 BCH donation on our contribution address, along with many others we received earlier. We thank our donors, and the funds will be used to further Bitcoin Cash as peer-to-peer electronic cash, as always." The introduction from the first time the “Bitcoin Pizza Day” topic made Forbes in 2013 when BTC exchange rates reached over $100, is just about as timeless as internet content gets. Since then, every year in early March, media outlets begin running the same ‘how mad are you that you could have been rich?’ story about the programmer who “talked someone into accepting” Bitcoins for ... Some are new to crypto, while others have been at crypto since the dawning of bitcoin (including the individual involved in the historical "bitcoin pizza" transaction). That said, there are a few folks who were at the core of the project, and from that, the community rapidly grew. As a reminder, often in tech and crypto realms, individuals are known by their "handles" (think nicknames) more ...

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