Last week's most memorable moments

Hi Everyone,

Rizzo, the Bitcoin Historian, back with a recap of the most interesting Bitcoin moments from the week that was.

This week, we saw a historic rap battle, the historic commemoration of Bitcoin becoming legal tender in Salvador, and more.

Once again, I’m asking. Have you secured your bitcoin? Let’s change that up if not. Join Casa and get 10% OFF their standard membership with the promo code PETERIZZO. It’s time to be your own custodian…

Now, let’s dive in:

$8,299 l An epic rap battle

This might not be A Tribe Called Quest, but I still enjoyed it.

Low-key cringe aside, Reid Hoffman pulled this one off in style. The founder of LinkedIn decided to put up the capital for Alexander Hamilton (one of the U.S.’s founding fathers and first treasury secretary) to rap battle Satoshi Nakamoto, and the results are both entertaining and information.

According to Hoffman, he’s been intrigued by the idea of using battle rap to explore some of the “most polarizing issues that characterize our era.” This was after he watched the play Hamilton and saw how rap played a quintessential part in expressing opposing viewpoints.

Here we see two economic titans, as they may have argued in real life.

We may not have a time door, but it’s the next best thing.

$6 l Voorhees goes all in

Say what you want about Erik Voorhees recent endeavors but the man has been an unequivocal Bitcoin pioneer.

Exactly 13 years ago, while the price was a silly $6, Voorhees sold all his dollars for Bitcoin. “I sold out my dollars to buy Bitcoins. I was sick of this…” he wrote.

Hats off to Erik, I wouldn’t and didn’t have the guts.

Erik has been championing Bitcoin for more than a decade. He has waged two lawsuits against the SEC, sold his first business for more than 126,000 BTC (SatoshiDice was a provably fair dice game that let users bet Bitcoin), launched ShapeShift, a new crypto exchange without KYC, and continues to lead the way for many bitcoiners—even if a lot aren’t happy with some of his personal investment choices.

$6 l Trolls sold out?

Another post that blew up on Reddit – this thread from 2011 shows that not everyone who was into Bitcoin was a true believer.

Posted when Bitcoin was at $6, down from a high over $30, the dozens of comments prove that a good chuck of the selling came from Bitcoiners who saw the future, but were frustrated with the present.

If you’re hesitating on a current Bitcoin buy, give this thread a scroll. With the price a “boring” $58k seemingly every day, it’s a good way to get the motivation to send some sats to your cold storage.

$12.30 l First ever Bitcoin Twitter post

It’s a mystery who runs this account, but this was one of its first posts.

What’s notable is that this post has no comments on it, barely 4 RTs, and 7 likes. That’s how barren Bitcoin Twitter was in the wee days of the project. Since then, the account has amassed millions of followers, and has been tied to Bitcoin Cashers, Roger Ver, and other—say controversial—characters.

Despite all that, I appreciate the fact that it still exists until today, even if the account has mostly devolved to tweeting about price.

$43,800 l El Salvador makes history

Everyone knows September 7 is ‘Bitcoin Day’ in El Salvador, but lesser known is that the country started buying Bitcoin one day before.

As this post shows, that’s when Nayib Bukele, their president, decided to buy some 200 BTC, in anticipation for the country’s landmark Bitcoin law to go into effect the next day.

Given world leaders in Senegal, Venezuela, and the United States are talking about a similar strategy, we should rename it “the smash buy heard round the world.” Hopefully, it won’t be the last.

Extra posts

• Adam Back’s most bullish quotes

• Every time Jack was the perfect Bitcoin champion

• Both U.S. presidential candidates are now accepting Bitcoin

Thanks for tuning in, and let’s all have a brilliant week!

Cheers,
Rizzo

P.S. What better way to start off your Monday checking out Casa? It’s never too early to take your security seriously!